Released May 03, 2021 | CORDOBA, ARGENTINA
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Researched by Industrial Info Resources (Sugar Land, Texas)--Mexico seems set for more refining maintenance this year, when compared with 2020. The country's state-run petroleum refiner, Pemex TRI, was hit hard by economic issues last year. The COVID-19 pandemic made it even worse, and six Mexican refineries were run at minimum capacity during 2020. If you are a subscriber to Industrial Info's Refining database, click here for a list of related plant profiles.
This year, Pemex continues to struggle to keep up with budget approvals and safe operations; however, more ambitious plans are scheduled to occur. In 2020, Industrial Info tracked more than $99 million in planned maintenance activities, with another $200 million forecast for 2021. The majority of the maintenance work will commence from mid-year onward, pending full investment approval by Pemex.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
This year, Pemex continues to struggle to keep up with budget approvals and safe operations; however, more ambitious plans are scheduled to occur. In 2020, Industrial Info tracked more than $99 million in planned maintenance activities, with another $200 million forecast for 2021. The majority of the maintenance work will commence from mid-year onward, pending full investment approval by Pemex.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
