PRIVATE PLAYERS HARNESS THE POWER OF PEMEX

摘要

Pemex continues to play an influential role in the industry, supplying the main feedstocks to producers and consuming a majority of the industry's output. As a result, weak performance by the global oil and gas giant in chemical sales, sustaining a 6.6% decline in 2013, is being felt further down the value chain. "When we started our facility six years ago, Pemex used to supply us with five very important raw materials. They have since stopped producing these products that we now have to get through importers. Today we import roughly 70% of our raw materials," said Moises Preciado, general director of Barnices y Resinas.