History

1975

Incursioned into the petrochemical industry with the acquisition of Polioles and Nylon de México. Initial products included glycols, polyurethanes and fibers (nylon & polyester).​

1977

Expanded into the polyester fiber business with the acquisition of Fibras Quimicas, now Akra Polyester.​

1978

First backward integration into dimethyl terephthalate (DMT) with the acquisition of Petrocel. DMT is one of two feedstocks that can be used to produce polyester; the other one is Purified terephthalic acid (PTA).

Formed a strategic alliance with BASF to boost Polioles’ expandable polystyrene (EPS), polyurethane and specialty chemical businesses.

1988

Acquired its first PTA plant, Tereftalatos Mexicanos.

1991

Began operations of the first polypropylene plant in Mexico under a strategic alliance with LyondellBassell.

1994

Alpek was created as a holding company to manage Alfa’s petrochemical businesses.​

1995

Alpek integrated its nylon fiber business by acquiring Univex, a caprolactam plant in Salamanca, Mexico.

1996

Alpek and BASF expanded Polioles’ EPS capacity with the construction of a new EPS facility in Altamira, Mexico.​

1997

Alpek expanded its polyester business by building a new PTA plant in Altamira, Mexico​.

1999

Alpek and LyondellBassell built a propylene splitter in Altamira, Mexico to enhance Indelpro’s production capabilities.

2001

Alpek acquired its first polyester assets in the United States. This acquisition also marked Alpek’s incursion into PET.​

2003

Alpek increased its PET capacity by expanding the Cooper River site in South Carolina.​

2005

Expansion of Altamira’s EPS capacity, making it the largest EPS site in the Americas.

2007

Alpek acquired its first PET manufacturing facilities in Mexico and Argentina.​

2008

Alpek and LyondellBassell expanded Indelpro’s capacity with a second production line at their Altamira site. Indelpro currently operates an installed capacity of 640 thousand tons per year.

2010

Alpek entered into a strategic alliance with Shaw Industries to build one of the largest post-consumer PET recycling facilities in North America.

2011

Alpek expanded its polyester business with the acquisition of Wellman’s PET plant in Bay St. Louis, Mississippi and Eastman’s integrated PTA-PET site in Columbia, South Carolina. ​Alpek also acquired all intellectual property rights of the IntegRex® technology.​

2012

Alpek was listed on the Mexican Stock Exchange, and issued its first bond through international debt markets. The bond received “Investment Grade” ratings from Fitch, Moody’s and Standard & Poors.​

2013

Alpek signed IntegRex® licensing and product supply agreements with Gruppo M&G for the construction of a new, state-of-the-art PTA/PET site in Corpus Christi, Texas.​

2014

Alpek’s began operations of its power cogeneration plant in Cosoleacaque, Mexico.

Alpek signed an agreement with BASF to acquire its EPS business activities in North and South America, including production sites in Mexico, Brazil, Argentina and Chile.

2015

Alpek successfully integrated EPS facilities acquired from BASF in Brazil, Argentina and Chile with an aggregate capacity of 65 thousand tons per year.

2016

Alpek acquired a 20 thousand ton per year EPS plant in Concon, Chile and a controlling interest in Selenis Canada Inc., Canada’s only PET producer, which operates a plant in Québec with an annual capacity of 144 thousand tons.