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MEXICO

Mexichem's Vestolit to increase specialty PVC capacity in Germany
Mexichem (Tlalnepantla, Mexico) says that its wholly owned subsidiary Vestolit (Marl, Germany), a producer of polyvinyl chloride (PVC), will expand specialty paste PVC capacity at the company’s site at Marl. Vestolit will build a new production line...

North America chemical rail traffic remains ahead year-to-date

During the week ended 23 May, chemical railcar traffic in North America fell year-on-year (YOY) on declines throughout the region but remained ahead on a year-to-date basis. For all of North America, chemical railcar traffic during the week totaled 43,484 carloads, up 1.2% from the previous week but down 2.1% YOY, according to data released on 27 May by the Association of American Railroads (AAR).

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North America weekly chemical rail traffic drops 3.6% YOY
During the week ended 16 May, chemical railcar traffic in North America declined year-over-year (YOY) on weaker results from the United States and Canada....

Report: Pemex mulls sale of refining, petrochemical assets
Petróleos Mexicanos (Pemex) is seeking to focus on more profitable areas such as crude oil exploration and production (E&P) activities and the company does not exclude the possibility of limiting or even selling its refining and petrochemical...

Alpek's first-quarter net income up despite lower prices, due to higher sales volume
Alpek’s (Monterrey, Mexico) first-quarter net income totaled $48 million, up 32% year-on-year (YOY), according to the latest company's results. Ebitda was up to $137 million from $105 million in the first quarter of last year. Ebitda grew both on annual...

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