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People & Business :: Earnings/Finance

Pemex's petchem production volume falls 7.1% during the first quarter

7:03 AM MDT | April 29, 2013 | Francinia Protti-Alvarez

Pemex's petrochemical products generated 7.64 billion Mexican pesos ($618 million) in domestic sales for the group during the first quarter of 2013, the company has announced. The first-quarter total represented a drop of 17.1% compared with the same quarter the year before, when the company posted petrochemical sales of peso9.22 billion. Revenue from petrochemical exports also fell by almost 42%, to peso432 million compared with peso743 million in the year-ago quarter. Petrochemical earnings were not disclosed. Total production volumes of petrochemicals...

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