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Alpek will be able to supply Brazil from Mexican imports

Tuesday, February 7th, 2017 Category: Downstream & Pricing

Armelia Reyes, analyst at Signum Research, said that withthe Brazilian courts suspending the sale of Petrobras subsidiaries, CompanhiaPetroquimica de Pernambuco (Suape) and CompanhiaIntegradaTextil de Pernambuco (Citepe) to Alpek, this company will be unable to increaseits PTA production (by 33%) and PET (by 25%).

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