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Project Detail

ME-L1110 : Etileno XXI

Project Description

Etileno XXI is a project to develop, construct and operate an integrated petrochemical complex comprising one ethane cracker and three polymerization plants with a nominal capacity of 1,000 kilo tons per annum of polyethylene (PE) using ethane as feedstock (Etileno XXI, or, the Project). The Project will be located in the city of Coatzacoalcos in the State of Veracruz, Mexico. Feedstock for the Project will be provided by PEMEX Gas y Petroquímica Básica (PEMEX Gas). Etileno XXI will help bridge gap between Mexico's local PE production and demand (Mexico, currently imports approximately 61% of its PE needs). PE is a key input for the plastics industry, which is in turn extensively used in the packaging, vehicle manufacturing, domestic appliances, electronic components, construction materials and many other industries.

Procurement Information

News Release: Apr 5, 2012 - IDB to boost competitiveness of Mexico’s petrochemical sector

Project at a glance

Project Number
ME-L1110
Country
Mexico
Sector
INDUSTRY
Project Status
Approved
IDB Financing*
300.00
 

Latest Project Documents

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* For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparation.

ME-L1110 : Etileno XXI

Basic Information

Project Number: ME-L1110
 

Operation Number

 

Project Status

 

Approval Date

 

Contract Signature Date

  2718B/OC-ME   Implementation   APR 4, 2012   DEC 19, 2012
  2718A/OC-ME   Implementation   APR 4, 2012   DEC 19, 2012
Country Mexico
Sector INDUSTRY
Subsector INDUSTRY-PETROCHEMICAL INDUSTRY
Project Type Loan Operation
Project Subtype Private Sector Investment

ME-L1110 : Etileno XXI

Financial Information Summary

Total Cost - Historic USD 4,720,000,000
Country Counterpart Financing - Historic USD 4,070,000,000

IDB Financing

   Reporting currency(ies) USD - United States Dollar
   Estimated Cofinancing(s) USD 300,000,000

ME-L1110 : Etileno XXI

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ME-L1110 : Etileno XXI


Georeferenced data for this project does not exist.

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