IHS Chemical Week

Markets :: Plastics :: PET

Alpek reports second-quarter loss on Cape Fear closure

8:28 AM MDT | July 17, 2013 | Clay Boswell

Alpek on 15 July reported a second-quarter loss of $71 million, down 187% year-over-year (YOY) from $82 million on net costs of $114 million related to the closure of its Cape Fear site in North Carolina. Revenues for the quarter totaled $1.81 billion, down 5% YOY from $1.91 billion....

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