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Pemex predicts PE shortage in U.S., and plans to fill need.

Publication: Plastics News
Publication Date: 31-JUL-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Pemex predicts PE shortage in U.S., and plans to fill need.(News)(Pemex Petroquimica)

Article Excerpt
Byline: Stephen Downer

The managing director of Mexican government-owned Pemex PetroquImica SA predicts Mexico, a major importer of polyolefins, will be exporting polyethylene to the U.S. within a decade.

"The forecasts say the U.S. will import polyethylene within four or five years,'' Rafael Beverido LomelIn said in an interview. "They are exporting it at the moment. But nobody is building grass-roots plants anywhere [in the United States], and we think we can supply the U.S.''

In 2004, Mexico imported 3.7 billion pounds of polyolefins, according to Chemical Market Associates Inc. of...

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