[Federal Register Volume 77, Number 16 (Wednesday, January 25, 2012)]
[Notices]
[Page 3772]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-1513]
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EXPORT-IMPORT BANK OF THE UNITED STATES
Economic Impact Policy
This notice is to inform the public that the Export-Import Bank of
the United States has received an application to support the export of
approximately $750 million in U.S. petrochemical manufacturing
equipment and services for the construction of a new petrochemical
facility in Mexico. The financed amount associated with the U.S. export
contract, including local cost and interest during construction, is
expected to total approximately $900 million. Ex-Im Bank may also be
requested to provide up to $400 million of additional financing should
a co-financing structure with the Italian ECA materialize.
The U.S. exports will enable the Mexican petrochemical facility to
produce approximately 750,000 metric tons of high-density polyethylene
(HDPE) and 300,000 metric tons of low-density polyethylene (LDPE)
annually. The Mexican petrochemical producer plans to sell its products
primarily within Mexico, and also to the U.S., Central America, and
South America.
Interested parties may submit comments on this transaction by email
to [email protected] or by mail to 811 Vermont Avenue NW., Room
947, Washington, DC 20571, within 14 days of the date this notice
appears in the Federal Register.
Angela Mariana Freyre,
Senior Vice President and General Counsel.
[FR Doc. 2012-1513 Filed 1-24-12; 8:45 am]
BILLING CODE 6690-01-P