12 October 2012 17:03 [Source: ICIS news]
HOUSTON (ICIS)--US exports of polypropylene (PP) for August were down by 8.5% from the same month in 2011, according to data released by the US International Trade Commission (ITC) on Friday.
US PP exports fell to 91,508 tonnes in August 2012 from 100,004 tonnes in 2011.
Canada, Mexico and China were the top destinations for US PP exports, representing nearly 83% of the total volumes exported. Exports to Mexico increased by 18%, while exports to Canada and China fell.
US PP imports increased by 2.7% in August to 8,813 tonnes, up from from 8,581 tonnes in 2011.
Mexico, Canada and Korea were responsible for the most PP imported into the US, together, representing more than 62% of the total volumes imported. Imports from Canada fell by 9.6%, while imports from Mexico and Korea increased.
Major North American PP producers include LyondellBasell, ExxonMobil, INEOS, Total, Formosa Plastics, Braskem Americas, Pinnacle Polymers, Phillips 66 and Flint Hills Resources.
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