Microsoft Word - Alpek - 100 Kta Corpus Christi v2.3


Press Release


Alpek acquired additional supply rights to 100,000 metric tons per year of PET from M&G's Corpus Christi site


Monterrey, Mexico. January 21, 2016 - Alpek, S.A.B. de C.V. ("Alpek") announced today that it has signed an agreement with M&G Chemicals ("M&G") to add 100 thousand metric tons of integrated PET per year to the sourcing agreement announced on April 16, 2013.


As reference, on April 16, 2013 Alpek announced that it had agreed to acquire supply contractual rights of 400 thousand metric tons per year of integrated PET (made with 336 thousand metric tons of PTA) from M&G's integrated PTA-PET plant that is being built in Corpus Christi, Texas ("M&G Facility").


Alpek's aggregate supply contractual rights from the M&G Facility will amount to 500 thousand metric tons per year of integrated PET (made with 420 thousand metric tons of PTA), upon completion.


About Alpek:


Alpek is a leading petrochemical company in America, operating two business segments: "Polyester" (PTA, PET and polyester fibers), and "Plastics & Chemicals" (polypropylene, expandable polystyrene, caprolactam, and other specialty and industrial chemicals). Alpek is a leading producer of PTA and PET worldwide, the largest expandable polystyrene manufacturer in America, and the only producer of caprolactam in Mexico. Alpek also operates one of the largest polypropylene facilities in North America. In 2014, Alpek reported revenues of U.S.

$6.5 billion and EBITDA of U.S. $434 million. The Company operates 21 plants in the United States, Mexico, Brazil, Argentina and Chile, and employs approximately 5,000 people. Alpek is a publicly traded company listed on the Mexican Stock Exchange.


For further information: Hernán F. Lozano Investor Relations Officer Alpek, S.A.B. de C.V.

+52 (81) 8748-1146

hlozano@alpek.com


ir@alpek.com www.alpek.com

Alpek SAB de CV issued this content on 2016-01-21 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-21 23:42:14 UTC

Original Document: http://www.alpek.com/pdf/2016/ingles/100Kta_CorpusChristi.pdf