Pemex to build Mexico’s first solidifying sulfur plant
The PMI Trading arm of Pemex will build the first solidifying sulfur plant in Mexico, seeking to ensure the movement of sulfur from different refineries and gas processing complexes in the country.
MEXICO CITY -- The PMI Trading arm of Pemex will build the
first solidifying sulfur plant in Mexico, the company
announced on Wednesday, seeking to ensure the movement of
sulfur from different refineries and gas
complexes in the country
The new plant will be located in the Port Authority of
Coatzacoalcos, Veracruz, with a processing capacity of
360,000 tpy and over $38 million in investment.
Pemex CEO Emilio Lozoya Austin said the project reflects his
company's willingness to collaborate on the development of
s, thereby finding a more
efficient and cost effective use of resources to expand
The long-term trade agreement reached between the PMI Trading
subsidiary and Pemex Gas states that the latter contributes
nearly 40% of its production of liquid sulfur to be
That allows PMI, as an international marketer of sulfur, to
participate in other markets such as China, India
, Brazil and Mediterranean
countries -- which consume solid sulfur.
is of high strategic
importance for PEMEX, according to company officials, who are
projecting their sulfur production to grow by over 50% due to