IHS Chemical Week

Regions :: North America

Alfa Buys Eastman’s PET Plants in Argentina and Mexico

8:25 AM MDT | September 26, 2007 | Rebecca Coons

Grupo Alfa (Monterrey, Mexico) says it has entered into definitive agreements to acquire Eastman Chemical’s 150,000-m.t./year Cosoleacaque, Mexico and 185,000-m.t./year Zárate, Argentina polyethylene terepthalate (PET) production facilities, along with related businesses. Financial terms were not disclosed. However, the deal is estimated to be about $150 million, says Frank Mitsch, BB&T Capital Markets (New York). The transaction is expected to close by year-end. Alfa’s petrochemical unit, Alpek, says it can take advantage of cost savings...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa