MEXICO CITY (Nov. 26, 11:40 a.m. ET) — Mexichem SAB de CV, Latin America’s largest manufacturer of PVC pipe, vinyl resins and compounds, has withdrawn from a proposed $556 million vinyl chloride monomer-producing joint venture with state oil company Petróleos Mexicanos (Pemex) after expressing its exasperation over Pemex’s failure to finalize the deal.
Our industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.
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