07 November 2010 22:30 [Source: ICIS news]
RIO DE JANEIRO (ICIS)--Pemex Petroquimica is proceeding with plans to expand its styrene monomer (SM) capacity in ?xml:namespace>
The project, which has been on hold for several years, will raise SM capacity to 250,000 tonnes/year from 150,000 tonnes/year, said Carlos Pani, sub-director for commercial operations. Start-up is scheduled for the end of 2013, he added.
The project was delayed as a result of budget allocation decisions by the central government, Pani explained.
Engineering work is under way for the project, which could be implemented with a joint venture partner, he told ICIS on the sidelines of the Latin American Petrochemical Association (APLA) annual meeting.
One potential partner is Mexican polystyrene (PS) producer Resirene, he suggested. “We’re still in very preliminary conversations,” he remarked.
APLA lasts through Tuesday.
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