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The article focuses on a new ductile iron foundry established by Victaulic Corp. in Chihuahua, Mexico to expand production of its custom castings. It says that the new plant, which started production in the second half of 2011, produce custom castings and large-diameter pipe joining products for distribution in the U.S., Latin and South America, and Mexico. Moreover, global demand for iron castings remain strong despite economic crisis.

The article presents a forecast from Mexico's state-owned Petroleos Mexicanos (Pemex) that its crude oil output will increase to over 2.6 million barrels per day (b/d) by the end of 2011 and by three million b/d by 2016-17. According to Pemex Chief Executive Officer (CEO) Juan Jose Suarez Coppel, these output targets indicate that the production shortfall that started in 2005 has finally stopped. He points out a need for Pemex to invest in improved recovery technologies in mature fields.

The article reports on Mexico's gasoline imports as of March 2008. Imports increased to 360,700 barrels per day which the article says is the highest level since November 2007. The increase came along with a 7.8 decline in the country's oil production in the first quarter of 2008 to 2.91 million barrels per day. New refining capacity is suggested to address gasoline imports which are seen increasing by 58 percent to 489,000 barrels per day by 2015.