PetroquímicaSuape

Activity by year

2017201820192020202120222023202420252026

Acquisition

Feb 7, 2018ACQUISITIONIpojuca, Pernambuco, Brazil, Brazil$385.0M
Alpek obtains approval to acquire PetroquímicaSuape and Citepe from Petrobras
Alpek obtained regulatory approval from CADE in Brazil to acquire 100% of PetroquímicaSuape and Citepe from Petrobras for $385 million. The companies operate an integrated PTA-PET facility and a texturized polyester filament plant in Ipojuca, Brazil.
Petrobras target Alpek acquirer Citepe target PetroquímicaSuape target #Specialty Chemicals #Plastics and Polymers #Industrial Textiles alpekpolyester.com
Apr 3, 2017ACQUISITIONIpojuca, Pernambuco, Brazil$385.0M
Alpek obtains approvals to acquire PetroquímicaSuape and Citepe from Petrobras for $385M
Alpek obtained all necessary corporate approvals to acquire 100% of PetroquímicaSuape and Citepe from Petrobras for US$385 million. The companies operate an integrated PTA-PET facility in Ipojuca, Pernambuco, Brazil, with capacities of 640,000 tonnes PTA and 450,000 tonnes PET per year, plus a 90,000-tonne texturized polyester filament plant.
Petrobras partner Petrobras target Alpek acquirer Citepe target PetroquímicaSuape target #Specialty Chemicals #Plastics and Polymers #Industrial Textiles alpekpolyester.com alpek.com

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