1/28/2021
MEXICO CITY, Jan 28 (Reuters) - Mexico s Petroleos Mexicanos
(Pemex) said on Thursday it has wound up and absorbed its
fertilizer unit, which was linked to a high-level corruption
investigation into a former boss of the state oil company.
Pemex board members earlier this month voted to dissolve
Pemex Fertilizantes and carry over the unit s operations to its
industrial arm, Pemex TRI, Pemex said in a statement.
The move, effective this month, would not affect Pemex
Fertilizantes payment obligations, it added.
Pemex Fertilizantes was used to purchase a derelict
fertilizer plant from steelmaker Altos Hornos de Mexico under
Mexico s last president, Enrique Pena Nieto.