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Leading producer of PTA, PET, rPET & EPS in the Americas and the only producer of Polypropylene in Mexico. Operates companies in two business segments: Polyester and Plastics & Chemicals, in the Americas, Europe and the Middle East.

HIGHLIGHTS

Revenues

US $7.8

billion

EBITDA

US $514

million

Team members

5,900+

SEE PRESENCE

Main products

Polyester: PTA, PET, and recycled PET (rPET). Plastics and Chemicals: Polypropylene, Expandable Polystyrene, ARCEL®, chemical specialties and industrial chemicals.

Reportsand press releases

See information about Alpek. Press releases, reports, presentations.

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Relevant Events

The optimization of non-essential investments and recovery of US $596 million in Net Working Capital allowed Alpek to maintain a robust financial position during 2023.

 

Alpek successfully refinanced the remaining balance of its bond due in August 2023, through bank loans that included a Sustainability-Linked Loan for US$ 200 million. This is its first transaction integrating sustainability, thus reaffirming its commitment and progress towards fulfilling its ESG strategy.

Sustainability

SBTi’s Validation Team classified the level of ambition for Alpek’s scope 1 and 2 emissions reduction targets and determined that they are in line with keeping global warming well below 2°C to mitigate climate change.
  • Reduce absolute GHG scope 1 and 2 emissions by 27.5%, by 2030 with a 2019 baseline.
  • Reduce scope 3 emissions by 13.5% for the same period.
In 2023, Alpek reduced its scopes 1 and 2 emissions by 27% compared to 2022. Additionally, regarding the development of biodegradable packaging and the use of recycled material, Alpek obtained the ISCC Plus and SCS certifications for recycled content and biobased material.
Alpek pledged to the Women’s Empowerment Principles (WEP) and joined Movimiento Congruencia A.C. Also in 2023, the proportion of women in the workforce increased to 18%.