IHS Chemical Week

Regions :: South America :: Argentina

Alfa Buys Eastman’s PET Plants in Argentina and Mexico

11:06 AM MDT | October 2, 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.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 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