21 December 2012 18:11 [Source: ICIS news]
HOUSTON (ICIS)--Mexico’s production of low density polyethylene (LDPE) has returned to full capacity this week with the restart of one production train that was idled for ethylene shortages, a source with Pemex said on Friday.
The 100,000 tonne/year LDPE train at the Cangrejera facility that resumed operations this week had been idled in December because of a rationalisation of ethylene by Pemex.
The Cangrejera plant has two additional trains of the same capacity. Production from those trains has been normal in December.
There were no supply problems for this grade because Pemex had built inventories prior to stopping the unit.
Pemex ends the year with production of PE at full capacity. Demand has grown a bit this year over 2011 figures, the source said.
The 2013 maintenance schedule will be determined in January, with priority for the two high density polyethylene plants, which will get a new extrusor.
Mexico’s LDPE prices are in the range of $1,464-1,581/tonne (€1,113-1,202/tonne) FOT (free on truck), based on ICIS data.
($1 = €0.76)
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