economic

Day 612 — Sheinbaum Holds Mañanera from Minatitlán, Veracruz; Launches 93-Billion-Peso Petrochemical and Fertilizer Investment Plan 2026–2030

| Sheinbaum (2024–)

On June 5, 2026 (Day 612), President Claudia Sheinbaum held her morning press conference from Minatitlán, Veracruz — one of Mexico's historically significant petrochemical hubs — where she launched a strategic investment plan for the petrochemical and fertilizer sector. The plan commits 93 billion pesos in public and mixed (public-private) investment over 2026–2030, aimed at strengthening Pemex's downstream productive capacity and reducing Mexico's dependence on imported petrochemicals and fertilizers. The announcement aligned strategically with the Pemex-Petrobras collaboration agreement announced at the June 2 mañanera, which focuses on deepwater exploration and mature field optimization. Key elements of the plan: expansion of existing petrochemical complexes at Minatitlán and Cosoleacaque; new fertilizer production capacity at the Pajaritos complex; private-sector participation through public-private partnership frameworks under Plan México. Sheinbaum also confirmed at the mañanera that Iran's national soccer team had arrived in Mexico on June 5, settling in Tijuana as their base camp ahead of the FIFA World Cup 2026. Profeco (consumer protection agency) simultaneously launched the 'Who's Who in the World Cup' (Quién es Quién en los Precios del Mundial) price monitoring operation covering approximately 274,000 products across Mexico City, Guadalajara, and Monterrey, to detect and sanction price gouging ahead of the tournament.

Sheinbaum's mañanera from Minatitlán, Veracruz on June 5: launches 93-billion-peso petrochemical investment plan 2026–2030
Sheinbaum's mañanera from Minatitlán, Veracruz on June 5: launches 93-billion-peso petrochemical investment plan 2026–2030 — El Financiero