Alpek traded at 9.08 this Friday January 30th, increasing 0.20 or 2.25 percent since the previous trading session. Looking back, over the last four weeks, Alpek gained 1.94 percent. Over the last 12 months, its price fell by 38.23 percent. Looking ahead, we forecast Alpek to be priced at 8.84 by the end of this quarter and at 8.17 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.