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Alpek polyester margins hits record low

Related Keywords: Alpek SAB, polyester, polyethylene

Alpek SAB (ALPEKA), the petrochemicals arm of Mexican conglomerate Alfa, engages in the production of polyethylene and polypropylene. Its main products include PAT, PET, polypropylene, expandable polyethylene, and polyester fiber. The company has 20 facilities with an installed capacity of 5.8Mt/y in three countries: Argentina, the US and Mexico, its revenue dropped the most on record after missing earnings estimates on weaker-than-expected margins on polyester, its biggest product.

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