APLA ’12: Mexico’s Indelpro sees a steady year ahead

13 November 2012 12:08  [Source: ICIS news]

RIO DE JANEIRO (ICIS)--Mexico’s sole polypropylene (PP) producer, Indelpro, envisages steady activity for the coming months and continuous growth in 2013, company executives said on Tuesday on the sidelines of the 32nd Latin American Petrochemical Association (APLA) annual meeting.

The executives cited continued growth of the automotive sector in Mexico and a relatively strong economic outlook as some of the reasons for their optimism.

The Mexican PP market is growing at an annual rate of 3-4% and more of the same is expected for the coming year.

Indelpro secures feedstocks locally and complements its raw materials mix with spot purchases of propylene of diverse origins.

The APLA conference ends on Tuesday.

By: George Martin
+1 713 525 2653

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