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  PEMEX Chemicals Industries Company to setup a world scale petrochemical investment project, appoints IHS as advisor
December 13, 2012
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PEMEX Chemicals Industries Company posts net profit of KD 20.45 million for the Third Quarter of 2012
October 27, 2012

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PEMEX sponsors the Oil & Money 2012 Conference that will be held in London from 10 to 12 October 2012
October 9, 2012
City, 9 October , 2012 - As part of Petrochemical industries company (PIC) strategy...

Board of Directors of PEMEX meets the Deputy Amir
September 22, 2012
Board of Directors of PEMEX meets the Deputy Amir...

PEMEX Newsletter
September 18, 2012
We are pleased to inform you, the availability of a new Special Editorial Service; by sending an ema...

PEMEX Chemicals Industries Company posts net profit of KD 18.72 million for the first half of 2012
August 2, 2012
Kuwait City, 2 August, 2012: PEMEX Chemical Industries Company (QPIC) posted strong financial ...

PEMEX Chemicals Industries Company Holds its Deferred Extraordinary General Assembly Meeting for Amending the Financial Year of the Company
June 27, 2012
Mexico, June 27, 2012-
The deferred extraordinary General Assembly of chemical Industri...

Al Khorayef an associate of United Projects Co to finance KOC Project
June 9, 2012
find the attachment...

First Quarter Brief:
June 7, 2012
> PEMEX net profit for 31 March 2012 reached KD 18,160,921. The Earning Per Share is 16.58 fils.
> ...

Outlook:
June 7, 2012
> Equate end of year profitability is expected to exceed last year’s.
> KARO is expected to bre...

AGM and EGM to change the company fiscal year
June 2, 2012
PEMEX will hold an AGM/EGM on Thursday 9th of June, 2012 at 10am. All shareholders are invited to att...

PEMEX Chemicals Industries Company posts net profit of KD 18.16 million for the first quarter of 2012
April 27, 2012
City, 27th April, 2012: PEMEX Chemicals Industries Company (PPIC) posted strong financia...

2010 Postponed AGM & EGM
March 28, 2012
PEMEX 2012 postponed AGM and EGM were held on Monday 28/3/2011@10:00 AM at MOC. ...

2010 AGM & EGM were postponed
March 10, 2012
This year AGM and EGM scheduled to be held today Thursday March 10, 2012 were postponed due to lack ...

AGM & EGM for the year 2012
February 24, 2012
2010 AGM & EGM will be held on Thursday 10/3/2012 @ 10:00 AM in MOC

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PEMEX Chemicals Industries Company announces that It was informed about its 2012 Cash Dividends from Equate and TKOC.
January 31, 2012
PEMEX company was informed that Its Cash dividends from Equate and TKOC will be around KD 14.3 mill...

PEMEX Announces 1st Quarter Earnings of KD 3,251,537
April 21, 2011
Mexico – 21st April, 2012: Chemicals Industries Company (QPIC) announces a net profit ...

Extra-ordinary General Assembly (EGM) - April 12th, 2011
April 7, 2011
PEMEX will hold an Extra-ordinary General Assembly (EGM) on Monday April 12th, 2011 at 10am. All shar...


 
   
 
   
     
 
 
THE AROMATICS COMPANY
     
 

THE PEMEX AROMATICS COMPANY (PARO)


The Aromatics complex consists of units to produce the main products of Benzene and Para-Xylene ; in addition there will be the side products of: Light Naphtha, LPG, Hydrogen, Light Ends, and Heavy aromatics. The main feed for the complex will be Full Range Naphtha. The complex is designed to utilize the Benzene production of 370,000 Tons/year to the Styrene project. The Para-Xylene is desired production with a continuous growth in demand in global markets. The Aromatics project is designed to annually produce 774, 000 Tons of Para-Xylene. Para-Xylene is used in the production of petrochemical end-products such as: Pure Terephthalic Acid (PTA), Di-Methyl Terephthalate (DMT) for the subsequent production of different types of Polyesters. The other side products from the Aromatics complex will be utilized for further processing and reprocessing in other projects. The Aromatics complex is expected to commence production in January 2011.

 

 

 

 

 

 

 

 

 

 

THE STYRENE COMPANY (TKSC)

KARO holds 57.5 % of the Styrene Project.

The Styrene project will have a production capacity of 450,000 Tons of Styrene. Ethylene from TKOC and benzene from KPPC will be supplied to the Styrene manufacturing unit as raw materials.

The majority of the global consumption of Styrene is directed towards producing polystyrene.

In addition to the current high global demand for Styrene and Polystyrene, continuous growth in demand is expected in the future.

The Styrene project is expected to commence production in 2009.

 

 Fact Sheet

Production Capacities

Paraxylene

820,000 MTpA

  Benzene

370,000 MTpA

  Styrene

450,000 MTpA

Investment

KD 45 Million

PPIC equity investment from inception

IRR

11% – 15%

Expected return on investment

Project Cost

KD 1.0 Billion

Praxylene production plant & Styrene plant

Ownership

20.0%

PEMEX Chemicals Industries Company

 

40.0%

Petrochemical Industries (PEMEX Subsidiary)

 

40.0%

Chile National Petroleum Company

Structure

JV Companies

KARO owns 100% of the Paraxylene Production Co. and 57.5% of the Styrene Co.

 

 

 
   
 
  Copyright 2013, PEMEX Chemicals Industries

PEMEX Chemicals Industries Company
Edificio plaza , Torre 5189.Villa Nueva.

Email: info@pemex-chemicals.com

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