11 July 2012 20:54 [Source: ICIS news]
HOUSTON (ICIS)--US imports of expandable polystyrene (EPS) for May were down by 15.7% from the same month in 2011, according to data released by the US International Trade Commission (ITC) on Wednesday.
US EPS imports fell to 13,958 tonnes in May 2012 from 16,564 tonnes in 2011.
The Bahamas, Canada and Korea were responsible for the most EPS brought into the US, together representing nearly 78% of imports. Imports from Korea increased by 28% from May 2011 to May 2012, while imports from the Bahamas and Canada fell slightly.
US EPS exports rose by 0.9% in May to 7,462 tonnes, up from 7,395 tonnes in 2011.
Mexico, Canada and Hong Kong were the top destinations for US EPS exports.
Major North American EPS producers include BASF, Nova Chemicals, Flint Hills Resources, Styrochem and Nexkemia.
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