Braskem Idesa, a petrochemical company, and Advario, a storage and logistic service provider, agreed to form a $400m joint venture. "Advario is proud to partner with Braskem Idesa on this project. The development of the Puerto Mexico Chemical Terminal is another important example of Advario's commitment to partnering with leaders in the industry and focusing on growth opportunities within chemicals, gases, and new energies. We look forward to a long and successful collaboration and to bringing our depth of expertise to this exciting project," Bas Verkooijen, Advario CEO.