Alpek’s 6 strategic alliances

A portion of Alpek‘s operations are conducted through strategic alliances with INEOS US Chemical, Far Eastern, Indorama, LyondellBasell, BASF and Shaw Industries.

Consequently, certain decisions must be made jointly with third parties not affiliated with Alpek.

Alpek’s operations are conducted through subsidiaries classified in two main business segments.

On the one hand, the Polyester business includes the production of PTA, PET, recycled PET and polyester fibers, focused on the food and beverage packaging, textile and industrial filament markets.

In this segment, it has strategic alliances with INEOS, Far Eastern, Indorama Ventures, LyondellBasell, BASF and Shaw Industries.

On the other hand, there is its Plastics and Chemicals business, which encompasses the production of PP, EPS, fertilizers and other chemical products.

Plastics and Chemicals is focused on a wide range of markets, including consumer goods, food and beverage packaging, automotive, construction, agriculture, petroleum, pharmaceutical and other markets.

In this segment, Alpek has strategic alliances with two international companies: LyondellBasell and BASF.

Alpek

For this company, BASF is a technology partner in the production of certain specialty chemicals.

Although Alpek does not hold patents in these businesses, some products are registered as trademarks.

Some of these trademarks are owned by Alpek and others are owned by BASF and operated by Alpek through licenses.

The polypropylene business is supported by two important technologies developed by LyondellBasell, Spheripol, the most widely used process worldwide for PP production, and the newest technology, the Spherizone process.

The Spherizone process is a state-of-the-art technology that is structurally identical to the Spheripol process, but offers a wider range of products.

In the EPS business, Alpek uses the One-Step technology and has the largest plant in the Americas in terms of installed capacity, according to its estimates and publicly available market and industry information.

Conventional EPS technologies used elsewhere involve a two-step process, which it believes results in a higher conversion cost.