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Mexichem provides update on its Ingleside ethylene cracker

The ethylene cracker appears to be in good physical condition but further assessments will be conducted

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Tlalnepantla, Estado de México, August 30, 2017 – Mexichem, S.A.B. de C.V. (BMV: MEXCHEM*) (“The Company” or “Mexichem”) reports that its ethylene cracker, Ingleside Ethylene, LLC, the 50/50 joint venture between Occidental Chemical Corporation (OxyChem) and Mexichem, located near Corpus Christi, Texas, was shut down safely before Hurricane Harvey made landfall. The ethylene cracker appears to be in good physical condition but, further assessments of all the facilities at the site, including the cracker, will be conducted when it is safe to do so.

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