ALPEK, S.A.B. de C.V. (BMV:ALPEK A) is looking for M&A. Jose Carlos Pons, Chief Financial Officer said, "We will continue to look at new M&A, particularly in companies or sectors that comply with all these requirements. And in some cases -- or in many cases, we do have a relatively important presence in the regions where we are. So I would say, you have to expect some of these M&A could be in product lines that we already are in other geographical areas.
That would be one possibility. We will continue to look for opportunities in M&A, in mechanical recycling as well as in chemical recycling. Also in chemical recycling, more than M&A is look for new technologies, alliances, new projects".
Alpek SAB de CV is a Mexico-based company engaged in the chemicals sector. The Company's activities are divided into two business segments: Polyester and Plastics & Chemicals. The Polyester division focuses on the manufacture and distribution of purified terephthalic acid (PTA), polyethylene terephthalate (PET) and polyester fiber. The Plastics & Chemicals division is responsible for the production of polypropylene (PP), expandable polystyrene (EPS), caprolactam (CPL), ammonium sulfate, as well as specialty and industrial chemicals, such as surfactants, ethoxilates, glycoethers and desemulsionates. The Company's products are used in a range of industries, including consumer goods, food and beverages, automotive, construction, agriculture, oil and gas, as well as pharmaceuticals. It operates a number of production plants in the Americas. The Company is controlled by Alfa SAB de CV.