Etileno XXI
Etileno XXI will supply a significant portion of the Mexican market's PE needs. Furthermore, due to its scale, state-of-the-art technology, feedstock and logistical advantages, the Project is expected to achieve costs that place it in the top quartile in the industry. Etileno XXI is also the first private sector downstream petrochemical investment to which PEMEX Gas will supply ethane. Industrializing ethane significantly increases its value when compared to alternative uses. Moreover, the Project will also create approximately 6,000 jobs during construction and 3,000 jobs during operations in a region with high unemployment and low GDP per capita. The Project is the largest petrochemical project in Mexico in the last 30 years, one of the most substantial foreign direct investments by a Brazilian firm outside Brazil, and the biggest project ever jointly undertaken by Brazil and Mexico.

Project Detail

Country

Mexico

Project Number

ME-L1110

Approval Date

April 4, 2012

Project Status

Implementation

Project Type

Loan Operation

Sector

ENERGY

Subsector

NEW OIL AND GAS AND EXTRACTIVE INDUSTRIES

Lending Instrument

IDB Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 4,720,000,000.00

Country Counterpart Financing

USD 4,070,000,000.00

Original Amount Approved

USD 300,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2718A/OC-ME Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
2718B/OC-ME-KO-KODBSEB Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
2718B/OC-ME-US-BOTKNYB Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
2718B/OC-ME-US-BRASNYB Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
2718B/OC-ME-US-MRMDNYB Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
2718B/OC-ME-US-SMITNYB Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
Operation Number 2718A/OC-ME
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing
Operation Number 2718B/OC-ME-KO-KODBSEB
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing
Operation Number 2718B/OC-ME-US-BOTKNYB
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing
Operation Number 2718B/OC-ME-US-BRASNYB
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing
Operation Number 2718B/OC-ME-US-MRMDNYB
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing
Operation Number 2718B/OC-ME-US-SMITNYB
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1968571767-28916
Agreement - Financial Closing - SCF
Mexico_ Loan 2718A_OC-ME to Braskem Idesa S_A_P_I_ [36639887].PDF
Jul. 30, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-1968571767-28914
Agreement - Financial Closing - SCF
México_ Préstamo 2718A_OC-ME a Braskem Idesa S_A_P_I_ [36639958].PDF
Jul. 30, 2014
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1257451642-492
Loan Proposal
Etileno XXI Informacion Complementaria al EIA para Regulacion Local [36434961].PDF
Sep. 27, 2011
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1968571767-28913
Loan Proposal
EtilenoXXI - Environmental and Social Strategy [36414128].PDF
Sep. 15, 2011
English
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1968571767-28915
Environmental and Social Management Reports
Etileno XXI_ Environmental and Social Management Report (ESMR) [36665800].PDF
Feb. 08, 2012
English
https://www.iadb.org/document.cfm?id=EZSHARE-1968571767-28917
Project Abstract
Etileno XXI - Project Abstract [36414054].PDF
Sep. 15, 2011
English

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