Alpek, ContourGlobal create carbon company

Alpek, ContourGlobal create carbon company

M&A Mexico Europe

Mexican petrochemical company Alpek and British power company ContourGlobal said Monday that they have formed a new company to develop a facility to capture and liquefy carbon dioxide and sell it to the food and medical industries. Alpek and ContourGlobal will install the new facility at the British company's 420 MW power plant in the city of Altamira in the northeastern state of Tamaulipas, the two companies said in a joint statement on Monday. The plant already provides electricity, heat and s

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