Alpek de CV : announced the appointment of its Chief Financial Officer
September 26, 2018 at 08:01 pm EDT
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Alpek announced the appointment of its Chief Financial Officer
Monterrey, Mexico. September 26, 2018 - Alpek, S.A.B. de C.V. ("Alpek") announced today the appointment of José Carlos Pons de la Garza as Chief Financial Officer ("CFO"), effective as of October 1, 2018.
José Carlos is VP of Business Development at Nemak, S.A.B. de C.V. ("Nemak") since 2016. During his 22 year tenure with the company, he held a number of executive positions such as Director of the South American Business Unit and Strategic Planning Manager. He played a key role in different strategic initiatives to enhance Nemak's growth and competitive position through acquisitions, joint-ventures and organic investments. José Carlos holds a degree in Mechanical Engineering and an M.B.A. from the Instituto Tecnólogico y de Estudios Superiores de Monterrey ("ITESM").
About Alpek:
Alpek is a leading petrochemical company 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 an integrated producer of PTA and PET in North America, the largest expandable polystyrene manufacturer in the Americas, and the only producer of caprolactam in Mexico. Alpek also operates one of the largest polypropylene facilities in North America. In 2017, Alpek reported revenues of U.S. $5.2 billion and EBITDA of U.S. $384 million. The Company operates 26 plants in the United States, Mexico, Canada, Brazil, Argentina and Chile, and employs more than 5,900 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) 8748-1146hlozano@alpek.com
ir@alpek.comwww.alpek.com
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Alpek SAB de CV published this content on 26 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 September 2018 00:00:09 UTC
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.