• Advario and Braskem Idesa established the company Terminal Química Puerto México (TQPM) to carry out ethane gas imports in Coatzacoalcos, Veracruz.
• cThe project began in 2022 and concludes construction in May 2025, representing a major milestone in Mexico's petrochemical and energy infrastructure.

Coatzacoalcos, Veracruz, Mexico, May 7, 2025 - Advario and Braskem Idesa today inaugurated Terminal Química Puerto México (TQPM), a strategic ethane storage terminal located in the Port of Coatzacoalcos, Veracruz. Developed as a 50-50 partnership between the two companies, the terminal marks a major milestone in Mexico's energy and petrochemical infrastructure. It represents a joint investment of $500 million and the creation of over 2,000 jobs during construction.

TQPM will play a critical role in securing the long-term ethane supply for the Braskem Idesa Petrochemical Complex, enabling the facility to reach its full production capacity and supporting future growth plans of up to 25 percent.

The terminal comprises two 50,000 m³ cryogenic tanks, a dedicated jetty and pipeline infrastructure for the reception, storage and transportation of cryogenic ethane. Its 54,000-ton storage capacity ensures a stable feedstock supply, helping Braskem Idesa produce up to 1,050,000 tons of polyethylene per year, including 750,000 tons of high-density polyethylene (HDPE) and 300,000 tons of low-density polyethylene (LDPE).

Bas Verkooijen, CEO of Advario, said: "The inauguration of TQPM is a proud moment for Advario and an important milestone in our global growth journey. This project reflects our strong partnership with Braskem Idesa, and our leading role in the storage and logistics of chemicals in the world. The expansion into Mexico strengthens our global presence into a new, highly dynamic and growing petrochemical region."

Isabel Figueiredo, CEO of Braskem Idesa, mentioned, "Braskem Idesa reaffirms its commitment to the national petrochemical industry with this project, which will allow us to diversify the supply of raw materials and plan a future expansion of our operations in Mexico. The vast experience of our partner, Advario, was fundamental to the success of this project. We strongly believe in the great contribution that TQPM will make to the development of the Mexican industry, aligned with the strategic vision of the Government of Mexico for self-sufficiency."

Cleantho Leite, CEO of Terminal Química Puerto México, concluded by mentioning: "The construction of TQPM generated over 2,000 jobs, contributing to the social, economic, and industrial development of the state of Veracruz as one of the main petrochemical hubs in the country. It is the first private industrial investment in the CIIT-Interoceanic Corridor of the Isthmus of Tehuantepec's area of influence. Its implementation included the development of various community social programs, including improvements in schools and health centers in the region, as well as a robust environmental protection program that carried out the rescue and conservation of native flora and fauna."

The Secretary of Economic Development of the Government of the State of Veracruz, Mexico, Mr. Ernesto Pérez Astorga, stated that "The inauguration of TQPM marks the transformation of the southeast of our country. It is a day that reminds us that when there is vision, commitment, and collaborative work between the public and private sectors, great projects can be achieved that transcend generations and mark lives."

TQPM is located within the Interoceanic Corridor of the Isthmus of Tehuantepec (CIIT), a strategic initiative led by the Government of Mexico to accelerate development in the country's southeastern region.

To support the terminal's operations, Braskem Group acquired two cryogenic ethane carriers, the Brilliant Future and Brave Future. Each vessel is 188 meters long, with a capacity of 36,000 cubic meters, and reduces CO² emissions by 40 percent compared to the industry average over the past decade. These ships will transport ethane from Texas, USA, to the Port of Coatzacoalcos.

About Advario: A partner for progress

Advario is a leading tank storage and infrastructure solutions provider for chemicals, gases and new energies, headquartered in Rotterdam, the Netherlands. Building on 50 years of experience, Advario operates a global network of liquid storage terminals that are strategically located in key energy hubs. Committed to play a frontrunner role in the energy transition, Advario actively collaborates with its business partners to drive innovation and sustainability in the energy sector and to support its customers in their decarbonization journey. To find out more, visit www.advario.com

About Braskem Idesa S.A.P.I.:

Founded in 2010, Braskem Idesa is a Mexican company established through the association of Braskem (Brazil), the continent's largest thermoplastics producer, and Grupa Idesa, one of the leaders in the Mexican petrochemical industry. Together, they developed a petrochemical complex focused on the operation and production of high- and low-density ethylene and polyethylene in the municipality of Nanchital, Veracruz, Mexico. The complex, which went into operation in April 2016, produces 1,050,000 tons of ethylene and polyethylene per year. To find out more, please visit: www.braskemidesa.com.mx

Press contacts

César Augusto Rangel - Braskem Idesa: relaciones.institucionales@braskem.com
Lisanne Kosters - Advario: communication@advario.com