11 February 2013 22:16 [Source: ICIS news]
HOUSTON (ICIS)--US imports of expandable polystyrene (EPS) for December were up by 17% from the same month in 2011, according to data made available by the US International Trade Commission (ITC) on Monday.
US EPS imports rose to 15,489 tonnes in December 2012 from 13,262 tonnes in 2011.
The Bahamas, Canada and Korea were responsible for the most EPS brought into the US, together representing 80% of imports.
Imports from Korea increased significantly rising to 1,993 tonnes in December 2012 from 184 tonnes from the same month of 2011.
For the full 2012 year, US imports of EPS rose by 15% over the full year of 2011.
US EPS exports fell by 18% in December to 5,697 tonnes, down from 6,979 tonnes in 2011.
Mexico, Canada and Colombia were the top destinations for US EPS exports.
For the full year 2012, US exports of EPS fell by 4% from the same period in 2011.
Major North American EPS producers are BASF, Nova Chemicals, Flint Hills Resources, Styrochem and Nexkemia.
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