Overview

• Industry leaders called for immediate payment of Pemex arrears, citing about $25 billion in debts, while official figures show obligations to suppliers and contractors above 430,000 million pesos.
• Companies reported liquidity stress and project stoppages, with some mid‑sized suppliers facing payment delays exceeding 120 days.
• The sector operates with roughly 30% of installed capacity idle and supplies inputs to more than 95% of Mexico's productive activities.
• Executives pressed for secure domestic access to natural gas and feedstocks such as ethane, propane, naphthas and condensates, and urged reactivating Pemex petrochemical complexes that ANIQ says could add over 600,000 tonnes a year.
• Regulatory risk eased after the October 3 Hydrocarbons Regulation was narrowed to five petrochemical products, though firms said import dependence and policy uncertainty continue to undercut competitiveness.