09 November 2012 17:58 [Source: ICIS news]
HOUSTON (ICIS)--US imports of expandable polystyrene (EPS) for September were up by 6.4% from the same month in 2011, according to data released by the US International Trade Commission (ITC) on Friday.
US EPS imports rose to 15,451 tonnes in September 2012 from 14,518 tonnes in 2011.
The Bahamas, Canada and Korea were responsible for the most EPS brought into the US, together representing nearly 82% of imports.
Imports from Korea more than doubled, rising to 2,952 tonnes in September 2012 from 1,204 tonnes from the same month of 2011. The increased activity is related to the passage this year of a free trade agreement with the country, sources have said.
US EPS exports fell by 15.2% in September to 5,762 tonnes, down from 6,798 tonnes in 2011.
Mexico, Canada and El Salvador were the top destinations for US EPS exports.
Major North American EPS producers are BASF, Nova Chemicals, Flint Hills Resources, Styrochem and Nexkemia.?xml:namespace>
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