What is the total investment amount and timeline announced by Pemex for reviving its petrochemicals and fertilizers plants, and how is the funding structured?

Pemex plans to invest Mexican pesos (Ps) 93 billion ($5.3 billion) through 2030 to revive its petrochemicals and fertilizers plants; the investment will be structured as a mix of public and private capital, with no concessions ceded to private partners, distinguishing it from previous administrations' public-private partnerships.

What are the key production targets set by Pemex for petrochemicals and fertilizers under this plan?

Pemex targets petrochemical output of 849,000 tonnes/year and fertilizer production surpassing 4 million tonnes/year; specifically, the plan aims for 520,000 tonnes/year from rehabilitated ethane-ethylene chain plants, 329,000 tonnes/year from aromatics restoration, 957,000 tonnes/year from ammonia plants at Cosoleacaque, 2.4 million tonnes/year of urea and phosphate fertilizers via Fertinal-ProAgro, and 708,000 tonnes/year of granulated urea from the new Escolin plant.

Mexico’s Pemex to invest $5.3 billion to revive petrochemicals, fertilizers plants

Jun 8, 2026

Pemex plans to invest $5.3 billion by 2030 to revive petrochemical and fertilizer plants, targeting over 4 million tonnes of annual fertilizer output. This initiative aims to reduce import dependence and strengthen Mexico's food security through infrastructure rehabilitation.

icis

2026-06-08

Mexico’s Pemex to invest $5.3 billion to revive petrochemicals, fertilizers plants

2026-06-09

Pemex to Invest $5.3 Billion Through 2030 on Petrochemicals, Fertilizers

2026-07-31

Pemex Swings to $1 Billion Profit Buoyed by High Oil Prices

Mexico’s Pemex to invest $5.3 billion to revive petrochemicals, fertilizers plants

FAQ