The Bank participates annually in the report on Sustainable Development of the Banking Sector in Mexico, aligned with the 2030 Agenda. PDF EARNINGS REPORT - alfa.com.mx In line with its commitment to sustainability, Alpek also has a PET recycling plant in the United States with an annual capacity of 73 thousand tons (more than three billion PET bottles). Alpek, Indorama, Evergreen parent company each acquire a ... Tulchan. Alpek announced today that after a comprehensive review of the global ESG landscape and the company's role and responsibilities within it, it has set ambitious targets for each of its material issues, including commitments towards achieving net zero greenhouse gas emissions from its global operations by 2050, as well as to meet its customers' ambitious recycled content goals by 2025. In 2013, Alpek reported revenues of U.S. $7.0 billion and EBITDA of U.S. $572 million. If you continue, we assume that you agree to receive all cookies on Orbia website. Founded in 1970, Grupo Petrotemex S.A. de C.V. is a subsidiary of Alpek, S.A.B. Due to the lag between the dates of the time change in Mexico with respect to the date of change in the US, it will be necessary to adapt the trading hours in the BMV in order to match them with New York markets. ESG Development in Materials update In North America, the firm owns and operates Charlotte, N.C.-based PET maker DAK Americas, as well as Mexican polypropylene maker Indelpro. Alpek is a leading producer of PTA and PET worldwide, Alpek operates the largest expandable polystyrene plant in America and one of the largest polypropylene plants in North America. Double-digit sales growth versus 2Q20 in Sigma, Alpek and Axtel, . Alpek SA Class A (ALPEKA) Sustainability - XMEX | Morningstar 8 Alpek 12 Nemak 16 Sigma 20 Alestra 24 Sustainability Report 26 Board of Directors 28 Management Team 29 Corporate Governance 30 Financial Statements. Biopappel and Cydsa improved and formalized their ESG reporting by publishing sustainability reports. 22 October 2021. Alpek became a publicly traded company in 2012. This is the second consecutive report published as Alpek Polyester, and integrates information from the Grupo Petrotemex and DAK Americas businesses. Charlotte, NC, July 24, 2019 - Alpek Polyester announces that it has joined The Recycling Partnership as an active member in support of the organization's goals of increasing residential recycling rates and the need for increased availability of recycled materials to enable the creation of circular business models. Corporate social responsibility (CSR) and Environment, Social, Governance (ESG) sustainability data for ALPEK SA DE CV, Chemicals, Plastics & Rubber Products Mfg. governance reports (GCC) or launched ESG projects (Alpek). Vitro joined Alpek and Cemex in their alignment with CDP. The IMG Group, present in the polymers industry since 1959 and pioneers in PET film extrusion, owns or holds interest in Evertis and Selenis. million for shareholders, and reduce its debt to US $1.185 billion, finishing the year with a net SEARCH Orbia uses cookies to give you the best experience on our website. Focused on the most Numbers and an easy-to-navigate design that includes an investor center is so user friendly that financials, statements, quarterly reports and the latest news are at everyone's . If none apply, select "All other sectors". Alpek has announced that its subsidiary, Alpek Polyester, has joined The Recycling Partnership as an active member, in support of the organisation's goals of increasing residential recycling . Operates the largest plant of expandable polystyrene (EPS) in the Americas. Then, at the prompt, dial 866-330-MDYS (866-330-6397). Details of this merger will be reported more thoroughly in 2017. HOUSTON (ICIS)--In the next few years, sustainability focus will shift from plastic waste to carbon emissions, Mexican polyester producer Alpek said in its Q3 earnings call.. To that end, the company said polyethylene terephthalate (PET) production is among the best polymer options from an emissions perspective, and that recycled PET (R-PET) production emits even less carbon. Clean Tech UK Ltd, Far Eastern New Century Corporation (Phoenix Technologies), Alpek Polyester, and Petco.co.za. As part of our ESG efforts, Alpek continuously identifies the key initiatives to focus on through our Dynamic Materiality Analysis and is championing projects through our ESG Model detailed below. • Listed on the Mexican Stock Exchange since April 2012. The report also provides an in-depth analysis on the expansion factors, potential growth opportunities, product classification, rate of growth, highest sectors . CORPORATE PROFILE (GRI Standards: 102-2, 102-6, 102-7) PET Recycling 2019 ALPEK ANNUAL REPORT | 3 Alpek is an integrated producer of PTA and PET in North America, the largest expandable polystyrene manufacturer in the Americas, and the only producer of caprolactam in Mexico. de C.V. (BBB/Stable/--) Fabiola Ortiz Environmental factors are relevant to our credit analysis of Alpek. Alpek 8 Nemak 12 Sigma 16 Alestra 20 Newpek 24 Sustainability Report 28 Board of Directors 30 Management Team 32 Corporate Governance 33 Financial Statements 34. . One new Company, Alpek, became a signatory of the UN's Global Compact. Our focus on the consolidated North American market and unique position serving stable consumer-oriented segments differentiate us from other petrochemical . Since NOVA Chemicals' first sustainability report in 2014, we have been reporting on our non-financial performance. We proudly present our first Sustainability Report as a new, consolidated business: Alpek Polyester. Alfa: Quarterly Report 3Q21: Focused on value strategies. Our foundational commitment to sustainability and the environment . This is our seventh annual sustainability report, now called our Environment, Social, and Governance (ESG) report. de C.V. (San Pedro Garza Garcia, Mexico) announced that they have formed a new company that is developing a CO 2 capture and liquefaction facility for sale to the food, beverage, and medical industries. DAK acquired the Pennsylvania facility earlier this year, after CarbonLite filed for bankruptcy. An additional payment at closing estimated at $77 million represents the Value Added Tax (VAT) assessed for the transaction . This year we have complied with a total of 121 complete indicators, allowing us to declare the reporting to be consistent with the criteria for Application Level B. .
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