Will Pemex’s US $5.4B petrochemical bet put a dent in its debt?

Mexico News Daily

State oil company Pemex recently announced a 93-billion-peso (US $5.4 billion) investment aimed at revitalizing Mexico’s petrochemical and fertilizer industries, a move that experts say is a losing strategy.

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Will Pemex’s US $5.4B petrochemical bet put a dent in its debt?

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