Alpek traded at 11.98 this Thursday May 14th, decreasing 0.21 or 1.72 percent since the previous trading session. Looking back, over the last four weeks, Alpek lost 11.96 percent. Over the last 12 months, its price rose by 10.62 percent. Looking ahead, we forecast Alpek to be priced at 11.22 by the end of this quarter and at 10.33 in one year, according to Trading Economics global macro models projections and analysts expectations.
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.