Alpek
Highly Engaged Employees
Highly Engaged EmployeesChemicals & Related Products · Mexico · 5K - 10K Employees
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Overview
Headquarters
1111 Sur Col. Carrizalejo, Carrizalejo, ...Phone Number
+52 8187481111Website
www.alpek.comRevenue
$7.5 BillionStock Symbol
ALPKFIndustry
ZI Rank: 1
Signal Type
Feb
Mar
Apr
May
Jun
Jul
ZI Rank
1
1
1
1
1
1
About Alpek
Alpek is a leading global producer of PTA, PET, and EPS, as well as a major manufacturer of rPET in the Americas. The company also operates one of the largest polypropylene production facilities in North America.Explore more
Alpek Org Chart
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Company Profile Activity
Activity Insights
Alpek is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Alpek is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Alpek.
Alpek Tech Stack
A closer look at the technologies used by Alpek
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Most Recent Scoops
Earnings
reported comparable EBITDA of $336 million for the quarter, representing a 169% increase year over year, while reported EBITDA reached $407 million, a 300% improvement compared to the same period last year, including a $66 million inventory gain associated with higher raw material prices.
Earnings, Finance
Earnings
reported that reference margins increased throughout Q2 across its portfolio, with Chinese integrated PET margins peaking at $336 per ton in May, while ocean freight rates to South America reached a high of $347 per ton in June.
Earnings, Logistics / Supply Chain, Finance
Earnings
reported $127 million in operating free cash flow for the period, supported by higher EBITDA and strategic capital allocation, achieving a 31% EBITDA-to-cash conversion rate, while investing $211 million in net working capital driven by improved volume and a higher pricing environment.
Spending/Investment, Business Finance, Finance, Financial Operations
Earnings
reported that its sales mix shifted in Q2, with spot sales increasing by approximately 10 percentage points above the company's typical 70% to 80% contract sales ratio, driven by seasonal demand strength and customer pipeline-building activity, with many of those spot relationships continuing into subsequent periods.
Sales
Earnings
Earnings, Finance
Alpek News & Media
180 workers getting laid off in Fayetteville as polyester plant shuts down - ABC11
Alpek, a Mexico-based polyester company, said it is shutting down operations at its site in the Cedar Creek area.Alfa|SIGMA reports 3Q24 EBITDA of US $275 million, up 13% vs 3Q23, with Alpek as Discontinued Operations
SAN PEDRO GARZA GARCÍA, N.L. Mexico, Oct. 28, 2024 /PRNewswire/ -- ALFA, S.A.B. de C.V. (BMV: ALFAA) ("ALFA") announced today its unaudited results for the third quarter of 2024 ("3Q24"). All figures have been prepared in accordance with International Financial Reporting Standards...Shareholders in Mexican conglomerate Alfa approve spin-off of chemical subsidiary Alpek
Shareholders of Mexican conglomerate Alfa BMV:ALFA/A approved the spin-off of its petrochemical subsidiary Alpek BMV:ALPEK/A on Thursday, a long-awaited move aimed at shoring up Alfa's finances after being weighed down by market swings hitting Alpek.Alpek will now become known as Controladora Alpek…Shareholders approve the spin-off of ALFA's entire stake in Alpek - PR Newswire
ALFA streamlining its conglomerate structure towards a food-focused business unit, in which ALFA is Sigma This is the last spin-off in ALFA's transformation...
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Frequently Asked Questions Regarding Alpek
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Alpek is a leading global producer of PTA, PET, and EPS, as well as a major manufacturer of rPET in the Americas. The company also operates one of the largest polypropylene production facilities in North America.... Read More
