Approval of cash dividend of $0.082 dollars per share; equivalent to U.S. $173 million Monterrey, N.L., Mexico. March 3, 2022 – Alpek, S.A.B. de C.V. (“Alpek” or the “Company”) held today its Annual General Shareholders’ Meeting, as well as a subsequent Extraordinary Shareholders’ Meeting. The following resolutions were approved: Alpek’s 2021 Annual Report, as presented …
Strong business fundamentals expected to carry over into 2022 Monterrey, N.L., Mexico. February 16th, 2022 – Alpek, S.A.B. de C.V. (“Alpek” or “the Company”) announced today its 2022 Guidance figures and key assumptions. The Company expects the strong business fundamentals behind its 2021 record performance to continue in 2022. In the Polyester segment, volume would …
Monterrey, N.L., Mexico. February 1, 2022 – Alpek, S.A.B. de C.V. (“Alpek” or the “Company”) announced today that it has signed an agreement to acquire OCTAL Holding SAOC (“Octal”). This acquisition forward-integrates Alpek into the high-value PET sheet business segment, closes the gap towards achieving its ESG goals, and enhances its ability to serve its …
Monterrey, N.L., Mexico. October 29th, 2021 – Alpek, S.A.B. de C.V. (“Alpek”) announced today that its Board of Directors has approved a cash dividend payment of U.S. $0.0265 dollars per share, equivalent to approximately U.S. $56 million to be paid in a single disbursement starting on November 10th, 2021. This dividend was approved by the …
Alpek Committed to Achieving Net Zero Emissions by 2050 Setting twelve targets in total to address each of its material ESG issues Monterrey, N.L., Mexico. October 14th, 2021 – Alpek, S.A.B. de C.V. (“Alpek”) announced today that it has concluded a comprehensive review of the global ESG landscape and the company’s role and responsibilities within …
Meeting its customers’ minimum rPET content goals for 2025 ahead of schedule Monterrey, N.L., Mexico. June 7th, 2021 – Alpek, S.A.B. de C.V. (“Alpek”) announced today that it has acquired CarbonLite Recycling LLC’s (“CarbonLITE”) state-of-the-art PET recycling and pelletization facility in Reading, Pennsylvania in the United States. The site was acquired for U.S. $96 million …
Monterrey, N.L., México, November 25, 2019 – Alpek, S.A.B. de C.V. (“Alpek”) announced today that it has finalized the sale of its two electric power cogeneration plants located in Cosoleacaque and Altamira, México. The agreement includes the sale of Alpek’s full stake in both Cogeneración de Altamira, S.A. de C.V. and Cogeneración de Energía Limpia …
Monterrey, N.L., Mexico. October 29, 2019 – Alpek, S.A.B. de C.V. (BMV: ALPEKA) (“Alpek”), one of the largest petrochemical companies in the Americas, announced today that one of its subsidiaries has signed an agreement with Lotte Chemical Corporation to acquire a 100% stake in Lotte Chemical UK Limited, which owns and operates a 350,000 ton …
Monterrey, N.L., México, September 11, 2019 – Alpek, S.A.B. de C.V. (“Alpek”) announced today the successful issuance of a U.S. $500 million bond in the international market, pursuant to Rule 144A and Regulation S. The notes have a 4.25% annual coupon, the lowest in Alpek’s history, and a maturity period of 10 years. The net …
Monterrey, N.L., México, September 10, 2019 – Alpek, S.A.B. de C.V. (“Alpek”) announced today that it has met all the legal dispositions required by the Comisión Federal de Electricidad (CFE) and Centro Nacional de Control de Energía (CENACE), to begin commercial operations at Cogeneración de Altamira S.A. de C.V., its 350MW electric power cogeneration plant …