Entity

Summary

Alpek S.A.B. de C.V. originated in Monterrey, Mexico, where it was established as a chemical manufacturing company. The most widely cited founding date is 1975, and it was created as part of the industrial conglomerate Alfa, which remains its parent company today. Alpek consolidated several of Alfa’s petrochemical businesses, formally incorporating as Alpek, S.A. de C.V. in 2011 during a corporate reorganization. The company, headquartered in San Pedro Garza García, Nuevo León, Mexico, has since grown to become one of the largest producers of PET and PTA in the Americas and is the largest chemical company in Mexico.

Business Segments

Alpek S.A.B. de C.V. operates primarily in two business segments: Polyester and Plastics & Chemicals.

Polyester Segment

This division focuses on the production and distribution of:

• Purified terephthalic acid (PTA)
• Polyethylene terephthalate (PET)
• Recycled PET (rPET)
• Polyester fibers

Alpek is recognized as one of the largest integrated producers of PTA and PET globally and is a leading manufacturer of rPET in the Americas.

Plastics & Chemicals Segment

This segment produces:

• Polypropylene (PP)
• Expandable polystyrene (EPS)
• Caprolactam (CPL)
• Ammonium sulfate
• Specialty and industrial chemicals such as surfactants, ethoxylates, glycoethers, and desemulsionates

Alpek is notably the only producer of polypropylene in Mexico and ranks as the third-largest expandable polystyrene manufacturer worldwide.

Operations and Reach

The company operates 34–35 manufacturing and processing facilities across the United States, Mexico, Canada, Brazil, Argentina, Chile, Oman, Saudi Arabia, and the United Kingdom, employing over 5,500 people. Alpek’s products serve a wide range of industries, including consumer goods, food and beverages, automotive, construction, agriculture, oil and gas, and pharmaceuticals.

Financials and Ownership

Alpek is publicly traded on the Mexican Stock Exchange and is controlled by Alfa S.A.B. de C.V.. In recent years, the company has reported revenues exceeding US $7.5 billion, though it has faced some net losses as of the latest report.