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Braskem Idesa and Advario to build $400 mln ethane import terminal in Mexico

BY Reuters
— 12:18 PM ET 06/14/2022

MEXICO CITY, June 14 (Reuters) - A subsidiary of Brazilian petrochemical producer Braskem (BAK) and Netherlands-based firm Advario said on Tuesday they would invest around $400 million to build an ethane import terminal in the eastern Mexican state of Veracruz.

Construction on the terminal is set to begin in July and will bring around 2,000 jobs to the state, the companies said. (Reporting by Mexico City Newsroom)

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