Esenttia's polypropylene sales in the second quarter totaled 107,651 mt, up 2% from the second quarter of 2015, parent company Ecopetrol said Tuesday.
In volume terms, Q1 PP sales rose 2,000 mt from Q2 2015, Colombian state-owned Ecopetrol said.
Ecopetrol is in an asset divestment program for 2016-17 that includes selling off Esenttia.
The Council of Ministers approved the divestment of shares Ecopetrol holds directly and indirectly in Propilco S.A., on June 13, 2016, Ecopetrol said. Propilco rebranded as Esenttia in 2014.
Esenttia is Colombia's sole producer of polypropylene resin, with a capacity of 500,000 mt/year.
Ecopetrol's refinery operations provide the bulk of feedstock propylene for Esenttia's operations.
