![Mexico Mexico](https://cdn-www.bnamericas.com/img/flags/MEXICO.jpg)
Pemex taps Mota-Engil for US$1.2bn fertilizer plant in Veracruz
Mexican national oil company Pemex has hired Portuguese group Mota-Engil to build a US$1.2bn fertilizer plant in Veracruz state, the latter said in a release.
Under the agreement, Mota-Engil will build and operate that plant that will produce a total of more than 700,000t/y of ammonia and urea along with AdBlue, a urea-based solution used to reduce harmful emissions from diesel engines.
Construction of the plant on the outskirts of the city of Poza Rica reflects Pemex's strategy of boosting Mexico's domestic fertilizer production and reducing imports.
Earlier this month, CEO Octavio Romero said a 990,000t/y urea plant at the Proagroindustria complex, also in Veracruz, was now operational.
Mota-Engil signed the agreement for the new plant with Pemex Transformación Industrial, the federal company's refining and petrochemicals arm.
Engineering feasibility studies are expected to take four to six months and construction 42 months, Mota-Engil said. It will then operate the plant for 20 years and will be remunerated by Pemex over the course of this period.
Pemex will provide Mota-Engil with the natural gas and water needed to produce the fertilizers and will sell the final products.
Mota-Engil Mexico will manage the project alongside Duro Felguera, a Spanish construction company in which Mota-Engil acquired a stake in 2023.
Mota-Engil has designated Mexico a core market and the country accounted for 20% of its backlog of construction projects in 1Q24.
The company's other projects in Mexico include lines 4, 5, and 6 of the Monterrey metro, the Tultepec-Pirámides highway, the extension of the Gran Canal road in Mexico City, and stretches of the Maya train.
China Communications Construction (CCCC), the world’s fourth largest construction company, has a 32.4% stake in Mota-Engil.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Petrochemicals (Mexico)
![Mexico natural gas demand consultation underway](https://cdn-www.bnamericas.com/img/sectors/petrochemicals_1.jpg)
Mexico natural gas demand consultation underway
The information will help determine transport and storage requirements.
![Hess Corporation Receives Stockholder Approval for Proposed Merger with Chevron](https://cdn-www.bnamericas.com/img/sectors/petrochemicals_2.jpg)
Hess Corporation Receives Stockholder Approval for Proposed Merger with Chevron
“We are very pleased that the majority of our stockholders recognize the compelling value of this strategic transaction,"
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects
Get key information on thousands of projects in Latin America, from current stage, to capex, related companies, key contacts and more.
- Project: Fótons de São George 02 (Former Panorama 05)
- Current stage:
- Updated:
2 days ago
- Project: Fótons de São George 01 (ex Panorama 04)
- Current stage:
- Updated:
2 days ago
- Project: Panorama Tiangua Photovoltaic Complex
- Current stage:
- Updated:
2 days ago
- Project: Magallanes Block
- Current stage:
- Updated:
2 days ago
- Project: Nueva Acumulación Quenamari-San Rafael
- Current stage:
- Updated:
2 days ago
- Project: Arinos 23 photovoltaic park (Arinos Complex)
- Current stage:
- Updated:
2 days ago
- Project: SP04 Data Center
- Current stage:
- Updated:
2 days ago
- Project: Arinos 24 photovoltaic park (Arinos Complex)
- Current stage:
- Updated:
2 days ago
- Project: Camocim offshore wind farm
- Current stage:
- Updated:
2 days ago
- Project: Arinos 20 photovoltaic park (Arinos Complex)
- Current stage:
- Updated:
2 days ago
Other companies in: Petrochemicals (Mexico)
Get critical information about thousands of Petrochemicals companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Industrias John Crane de Mexico, S.A. de C.V.
-
Industrias John Crane de Mexico is the local unit of US-based John Crane, a leading provider of engineered products and services for companies operating in the energy industry. ...
- Company: Indelpro S.A. de C.V.  (Indelpro)
-
Indelpro is a Mexican petrochemical company which produces and commercializes polypropylene resins for polypropylene transforming industries. Its two units have a combined annua...
- Company: Distribuidora Don Ramis  (DDR)
- Company: Samson Control S.A. de C.V.  (Samson Control México)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Braskem Idesa S.A.P.I.  (Braskem Idesa)
-
Mexican Braskem Idesa is a joint venture between Brazilian Braskem (75%) and Mexican Idesa Group (25%) created in 2010 to develop a petrochemical complex, known as Braskem Idesa...
- Company: Consorcio Industrial Cadereyta S.A. de C.V.  (Consorcio Industrial Cadereyta)
-
Consorcio Industrial Cadereyta S.A. de C.V. is a Mexican provider of services for the petrochemical industry. It is engaged in the manufacturing and maintenance of heat exchange...
- Company: Representaciones Feyma SA de CV  (Feyma)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...