Alpek Concludes Acquisition of OCTAL 

(Alpek, 1.Jun.2022) — Alpek, S.A.B. de C.V. has received all necessary approvals from the regulatory authorities and has finalized its acquisition of OCTAL Holding SAOC. Pursuant to the purchase agreement, Alpek acquired 100% of the shares of OCTAL for U.S.$620mn on a debt-free basis. Financing was secured through a mix of free cash flow generated from existing businesses and dedicated bank […]

ContourGlobal To Capture, Utilize CO2

(ContourGlobal, 29.Mar.2021) — ContourGlobal plc and Alpek, S.A.B. de C.V. formed a new company that is developing a CO2 capture and liquefaction facility for sale to the food, beverage, and medical industries. The facility will be integrated into ContourGlobal’s 420 MW Combined Heat and Power Plant located in Altamira, Mexico […]