6 articles
Alpek SAB de CV reported a narrowed Q1 net loss of $63 million, significantly supported by surging Chinese PET margins amid Middle East tensions. However, adjusted EBITDA growth failed to meet analyst
Alpek anticipates improved Q2 performance due to surging PET spreads caused by Middle East conflicts, alongside a $70 million PP upgrade projected to increase annual earnings by $30 million.
Latin American chemical firms face 2026 crises driven by rising freight, raw material costs, and debt, exemplified by Braskem Idesa's restructuring and Alpek's rating downgrade. Middle East conflicts
Alpek has appointed Rodrigo Prieto Treviño as its new Chief Financial Officer. He previously served as Vice President of Supply Chain and Logistics at Indelpro, the company's polypropylene business un
Mexican petrochemicals producer Alpek was downgraded to non-investment grade by S&P and Moody’s due to eroding margins, rigid costs, and intense Asian competition. Agencies cite global oversupply impa
Alpek is restructuring its manufacturing footprint by suspending recycled PET operations and pivoting to specialty products amid a prolonged petrochemical downturn. The company reported earnings decli
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