Mexico Pemex petchem production rises 11% in Feb

25 March 2014 22:37  [Source: ICIS news]

MEDELLIN, Colombia (ICIS)--Petroleos Mexicanos (Pemex), the state-controlled energy giant, produced 958,000 tonnes of petrochemical products in February, an increase of about 11% over 864,000 tonnes in the prior-year month, according to statistics made available by the company on Tuesday.

The figures show that ethylene production for the month totalled 87,000 tonnes, an increase of 6.1% year on year. Propylene production rose by about 27% year on year to 33,000 tonnes.

Output of high density polyethylene (HDPE) slipped 7.7% to 12,000 tonnes, while low density PE (LDPE) fell by 9.1% to 20,000 tonnes. Linear low density PE (LLDPE) production increased by about 38% to 22,000 tonnes, the company said.

Pemex produced 85,000 tonnes of ammonia in February, up by about 13% from 75,000 tonnes in the prior-year month, and 31,000 tonnes of ethylene oxide (EO), up by 6.9%.

In the aromatics chain, toluene output more than quadrupled to 13,000 tonnes, while benzene production trebled to 12,000 tonnes. Styrene production was up by about 11% to 10,000 tonnes.

Production of other chemicals increased by about 11% to 634,000 tonnes.

Meanwhile, output of refined products in February fell to a 14-month low of 1.31m bbl/day, the company said.

Gasoline output fell to 401,500 bbl/day from 421,700 bbl/day in the year-earlier month, while diesel production dropped to 259,600 bbl/day from 296,200 bbl/day.

Pemex also produces liquefied petroleum gas (LPG), jet fuel, fuel oil, asphalts, light cycle oil, lubricants, greases and other refined products, according to information on the company’s website.

Crude oil output fell to an average 2.50m bbl/day in February, the lowest level for seven months. Pemex expects production to exceed 4m bbl/day by 2025 thanks to record investments starting this year, the company said in a Twitter message on Monday.

By: Simon West

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