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Plant Rautenbach
Wernigerode, Germany. |
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Hylsamex
Spin-Off
ALFA
completed the Hylsamex spin-off by selling its remaining
42.5% stake to the Argentina-based Techint. At the
same time, ALFA continued with it program of strengthening
is core businesses---petrochemicals, food and autoparts.
Nemak, for example, acquired the aluminum autoparts
maker Rautenbach, of Germany, which is highly regarded
throughout Europe and will allow Nemak to expand
its presence on the continent. Alpek began construction
of a new polystyrene line; one which will transform
the Company into the largest producer in North America.
Alpek also announce plans to add capacity at its
PTA plant in the U.S. and to its PTA plant in Mexico.
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