APLA '12: Ecopetrol pleased on Cartagena location for APLA '13

13 November 2012 16:50  [Source: ICIS news]

RIO DE JANEIRO (ICIS)--The selection of Cartagena, Colombia as the venue for the next Latin American Petrochemical Association (APLA) meeting in 2013 highlights the country's emergence as a major player in petrochemicals, an executive said on Tuesday.

Cartagena is the centre of petrochemical production in the country, where Ecopetrol is planning a major expansion.

"We are very pleased Cartagena has been chosen," said Fernando Bastos, manager of petrochemicals at Ecopetrol.

He spoke on the sidelines of the APLA conference.

"It is a great opportunity for the integration of the petrochemical industry in Latin America and to include different points of view," said another source.

In Colombia, Ecopetrol is planning to build a propane dehydrogenation (PDH) plant for the production of propylene feedstock in Cartagena by mid-2016, an official said in August.

Propilco has 500,000 tonnes/year of PP capacity, but is importing two-thirds of its propylene needs from the US, said Cubillos Guzman.

Cartagena's first APLA conference comes amid an overall healthy outlook for growth in Colombia as a whole.

Colombia's economy grew by 5.9% in 2011, according to the International Monetary Fund (IMF). The economy should grow by 4.3% in 2012 and 4.4% in 2013.

Additional reporting by Al Greenwood

By: Joseph Chang
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