Mexico Pemex petchem output down 13.8% in 2012

28 January 2013 20:16  [Source: ICIS news]

MEDELLIN, Colombia (ICIS)--Petroleos Mexicanos (Pemex) produced 10.6m tonnes of petrochemicals last year, down by 13.8% from 12.3m tonnes recorded in 2011, the state-run oil company said on Monday.

The manufacturer also reported a slight decrease in domestic sales volumes in 2012 to 4.17m tonnes. Domestic sales revenues for the year were down by 1.3% to Mexican pesos (Ps) 36.8bn ($2.9bn, €2.1bn).

Production of dichloroethane, a raw material for the manufacture of polyvinyl chloride (PVC), increased by 9.4% to 301,000 tonnes over the year, according to company statistics.

Production of vinyl chloride monomer (VCM), another key PVC component, also rose by 10.1% to 185,000 tonnes, Pemex said.

Production of ammonia was up by 8.3% to 939,000 tonnes, while ethylene oxide (EO), used for glycols and detergents, fell by 2.8% to 345,000 tonnes.

The company produced 1.1m tonnes of ethylene in 2012, unchanged from the previous year, and 444,000 tonnes of propylene, an increase of 20.3%.

High-density polyethylene (HDPE) output for the year was flat at 174,000 tonnes, while low-density polyethylene (LDPE) production fell by 5.4% to 259,000 tonnes.

Pemex produced 26,000 tonnes of benzene, 29,000 tonnes of styrene and 25,000 tonnes of toluene last year compared with 118,000 tonnes, 128,000 tonnes and 159,000 tonnes in 2011.

Production of other chemicals last year totalled 6.6m tonnes, down by 19% from 8.1m in 2011, the company said.

Pemex said lower output of benzene, styrene and toluene was due to the incorporation of a new continuous catalytic regeneration (CCR) platforming plant in the Cangrejera Petrochemical Complex that resulted in a shutdown of the aromatic chain for nine months.

The company did not give reasons for other production changes.

($1 = Ps12.78; $1 = €0.74)

By: Simon West

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