Mexico's Alpek has completed adding 5,000 mt of propylene storage to its Altamira port terminal, a company spokesman said Tuesday.
"The mechanical completion is finished and operations should ramp up in the month of May," spokesman Hernan Lozano said.
Alpek said last week in a first-quarter earnings report that its investment in Altamira to add two propylene storage spheres was completed. Each sphere has a capacity of 2,500 mt.
Alpek is polypropylene producer Indelpro's parent company.
"The purpose of the project is to make the domestic propylene logistics chain more efficient, as well as to have greater flexibility to import raw material," Lozano said.
Indelpro imports monomer on spot and contractual basis and converts it into polypropylene.
The completion of the project comes amid the expected startup of Enterprise Products Partners' propane dehydrogenation unit in Mont Belvieu, Texas. Enterprise said the 750,000 mt/year PDH unit is on track to start in Q3 and could double exports year on year.
