Â鶹¾«Æ·

Â鶹¾«Æ·, the largest petrochemical company in the Americas, inaugurates today (22) its Petrochemical Complex in Mexico, in partnership with Mexican company Idesa. With annual integrated production capacity of 1.05 million tons of ethylene and polyethylene, the Â鶹¾«Æ· Idesa Petrochemical Complex is an important step for growth in the Americas and diversification of raw material sources, underlining Â鶹¾«Æ·'s international expansion strategy.

"Production in Mexico raises Â鶹¾«Æ· to a new level. With 40 plants in Brazil, the United States, Germany and now Mexico, we have broadened the reach of our operations, thereby creating synergies and complementarities, developing products and markets and serving our clients," said Fernando Musa, CEO of Â鶹¾«Æ·.

Production from the Petrochemical Complex will prioritize both clients in Mexico, providing them technical support and developing applications locally, and in the United States, Europe, Asia, as well as Central and South America.

With the additional production from Mexico, Â鶹¾«Æ· now has production capacity of 8.7 million tons of thermoplastic resins, including polyethylene, polypropylene and PVC. With this volume, Â鶹¾«Æ· reinforces its global leadership as one of the five largest producers of thermoplastic resins.

The result of a US$5.2 billion investment, the Petrochemical Complex in Mexico is considered the largest greenfield investment ever made by a Brazilian company abroad. The Complex houses an ethylene gas-based cracker and three polyethylene plants - two for linear high-density polyethylene and one for linear low-density polyethylene.

About Â鶹¾«Æ·

A subsidiary of the Odebrecht Group, Â鶹¾«Æ· is the largest thermoplastic resins producer in the Americas, with annual production volume of over 16 million tons, which includes other chemical products and basic petrochemicals, with annual revenue of R$54 billion. Driven by its purpose of improving people's lives and creating sustainable solutions in chemicals and plastics, Â鶹¾«Æ· is present in more than 70 countries, has around 8,000 Team Members and operates 40 industrial units in Brazil, the United States, Germany and Mexico, the latter in partnership with Mexican company Idesa.