IHS Chemical Week

Pemex's petchem production volume falls 7.1%

11:48 AM MDT | April 29, 2013

Pemex's petrochemical products generated 7.64 billion Mexican pesos ($618 million) in domestic sales during the first quarter of 2013, a drop of 17.1% compared with the year-ago quarter. Revenue from petrochemical exports fell by almost 42%, to peso432 million. Petrochemical earnings were not disclosed. Total production volumes of petrochemicals decreased by 7.1% during the first quarter of the year, to 1.18 million m.t. Production of secondary petrochemicals—ammonia, carbon dioxide, and methanol—declined by 1.8%. The decrease in production volumes was...

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