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Center for the U.S. and Mexico

Pemex To Sell Fertilizer Division?

Adrian Duhalt

Pemex To Sell Fertilizer Division?.

Media reports that Pemex, Mexico's state-owned petroleum company, is looking for buyers for its fertilizer subsidiary may indicate that it is seeking to scale down operations by selling assets and, perhaps more importantly, to withdraw from an economic activity seen as strategic in reducing Mexico´s dependency on imports of basic staples such as corn. Read more in the Baker Institute Blog