Pemex announced a $5.4 billion investment to boost Mexico's petrochemical and fertilizer sectors, but experts warn the strategy may fail to significantly alleviate the state oil company's debt.

<p>State oil company Pemex recently announced a 93-billion-peso (US $5.4 billion) investment aimed at revitalizing Mexico’s petrochemical and fertilizer industries, a move that experts say is a losing strategy.</p> <p>The post <a href="https://mexiconewsdaily.com/news/pemex-petrochemical-debt/">Will Pemex&#8217;s US $5.4B petrochemical bet put a dent in its debt?</a> appeared first on <a href="https://mexiconewsdaily.com">Mexico News Daily</a></p> <p>The large investment in Mexico&#8217;s petroc...