Mexico’s Pemex exports $195m in petchems through September

27 October 2011 01:04  [Source: ICIS news]

MEXICO CITY (ICIS)--Pemex exported $195m (€140m) in petrochemicals and imported $100m during the first nine months of 2011, the Mexican state-run producer said.

Total exports for the first nine months of the year rose in value from $192m in the same period last year, Pemex said on Tuesday.

However, exports volumes shrank year on year, dropping to 331,000 tonnes from 546,000 tonnes.

Total imports for the first nine months of the year dropped to $100m from $117m, while imported volumes dropped to 79,500 tonnes from 193,000 tonnes.

The government's Energy Information System (SIE), maintained by the Energy Secretariat, offered details on sales and volumes during the first nine months of the year.

Total sales of petrochemicals rose to $28.3bn during the first nine months of the year from $24.1bn during the same period last year, with increases in methane derivatives and aromatics. Sales volumes rose to 3.27m tonnes from 3.20m tonnes.

Sales of ethane derivatives rose to $12.8bn from $12.4bn, while sales volumes fell to 919,000 tonnes from 979,000 tonnes.

Methane derivatives sales rose to $4.35bn from $2.94bn, while sales volumes increased to 994,000 tonnes from 881,000 tonnes.

Aromatics and aromatics derivatives sales rose to $3.27bn from $2.01bn. Volumes increased to 199,000 tonnes from 154,000 tonnes.

Sales of propylene and its derivatives increased to $4.63bn from $4.35bn, while volumes decreased year on year to 285,000 tonnes from 321,000 tonnes.

Sales of other chemicals, including butane, sulphur, solvents and muriatic acid, rose to $3.27bn from $2.37bn. Volumes rose to 856,000 tonnes from 844,000 year on year.

($1 = €0.72)


By: James Young
713-525-2600



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