Alpek buys BASF businesses

Alpek buys BASF businesses

M&A

Mexican petrochemicals company Alpek has agreed to buy a number of expandable polystyrene businesses in the Americas from BASF for an undisclosed amount. Alpek will acquire production facilities in Brazil and Argentina, a foam parts business in Chile and sales and distribution channels in North and South America. Alpek and BASF are also rearranging their Mexican joint venture, Polioles. Alpek will buy all the expandable polystyrene activities of Polioles, while BASF will take the polyurethane bu

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