ALPEK, S.A.B. de C.V. (BMV:ALPEK A) acquired PET Recycling and Pelletization Facility in Pennsylvania United States from Carbonlite Recycling LLC for $96 million.
June 06, 2021
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ALPEK, S.A.B. de C.V. (BMV:ALPEK A) acquired PET Recycling and Pelletization Facility in Pennsylvania United States from Carbonlite Recycling LLC for $96 million on June 7, 2021. Jefferies Financial Group Inc. (NYSE:JEF) acted as financial advisor to Carbonlite Recycling LLC.
ALPEK, S.A.B. de C.V. (BMV:ALPEK A) completed the acquisition of PET Recycling and Pelletization Facility in Pennsylvania United States from Carbonlite Recycling LLC on June 7, 2021.
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.
ALPEK, S.A.B. de C.V. (BMV: ALPEK A) acquired PET Recycling and Pelletization Facility in Pennsylvania United States from Carbonlite Recycling LLC for $96 million.
ALPEK, S.A.B. DE C.V. 
