Demand for Mexican PP expected to grow 2% this year on strong activity in food packaging, decreased imports, industry insider says; 2012 could see as much as 3%-4% growth
Lorena Madrigal
LOS ANGELES
,
October 20, 2011
(Industry Intelligence)
–
Demand for polypropylene in Mexican is expected to grow 2% this year and 3%-4% next year, says Indelpro SA de CV sales administrator Angel Garza, Plastics News reported Oct. 20.
Garza also said that a significant amount of activity was coming from the food packaging market.
Indelpro, which is a JV between LyondellBasell Industries and Mexico’s Alfa SA de CV, has added new grades of BOPP film and will add high melt flow grades of homo- and co-polymers by mid-2012 to supply the booming market, Garza said, according to the article.
Garza also noted that Mexico’s market has benefitted from decreases in PP imports as well as strong demand from the caps and closures industry despite PP price hikes and recent competition from polystyrene and high-density polyethylene.
The primary source of this article is Plastics News, Akron, Ohio, on Oct. 20, 2011.
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