Petrochemical reactivation plan
The general director of Pemex, Carlos Carpio Fragoso, announced a public and mixed investment of 93 billion pesos to reactivate the petrochemical and fertilizer industry. The period covers 2026-2030.
The objective is to recover national production, reduce imports and strengthen food and industrial sovereignty. The announcement was made during the morning conference in Coatzacoalcos, headed by President Claudia Sheinbaum.
“For decades in our country the petrochemical industry was abandoned, making us dependent on imports,” said Carpio Fragoso.
The goal is to increase petrochemical production to 849 thousand tons per year and exceed 4 million tons of fertilizers. To do this, existing infrastructure will be rehabilitated and new facilities will be built.
The strategic complexes include Cangrejera, Morelos and Cosoleacaque, as well as plants in Poza Rica, Lázaro Cárdenas and Camargo. Joint production in Morelos, Cangrejera and Cosoleacaque will reach 1.8 million tons annually. The ProAgro and Fertinal plants will produce 2.4 million tons of fertilizers.
The largest project is the rehabilitation of the Ethane-Ethylene system, with 30 billion pesos. Five plants will be modernized in Cangrejera and Morelos, with an estimated production of 520 thousand tons per year and more than 6 thousand direct and 18 thousand indirect jobs.
Other projects: Aromatics (11 billion pesos, 329 thousand tons annually, 2 thousand direct jobs); ammonia production in Cosoleacaque (13 billion pesos, 957 thousand tons annually, 1,800 jobs); recovery of Fertinal and ProAgro (13,700 million pesos, 2.4 million tons, 7,900 jobs); and new Escolín plant in Poza Rica (25 billion pesos, 708 thousand tons of granulated urea, 3,900 direct jobs and 11,700 indirect jobs).
Carpio Fragoso assured that this strategy is key to food security. “Strengthening our value chain in petrochemicals and fertilizers is not only an operational goal, but a fundamental pillar for Mexico’s food security and sovereignty,” he said.
