Companhia Integrada Têxtil de Pernambuco

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Acquisition

Nov 3, 2016ACQUISITIONIpojuca, Pernambuco, Brazil, Brazil$385.0M
Alpek continues negotiations to acquire Petroquímica Suape and Citepe from Petrobras
Alpek announced it continues negotiations with Petrobras to acquire its stakes in Petroquímica Suape and Citepe, which operate an integrated PTA-PET facility in Ipojuca, Brazil. The facility has capacities of 700,000 tpy PTA and 450,000 tpy PET, plus a 90,000 tpy texturized polyester filament plant.
Petrobras target Petróleo Brasileiro target Alpek acquirer Petroquímica Suape target Citepe target Companhia Petroquímica de Pernambuco target #Plastics and Polymers #Industrial Textiles alpek.com alpekpolyester.com

Acquired by

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Companhia Integrada Têxtil de Pernambuco: plants, expansions, contracts and acquisitions · Endata