Alpek announced its fourth quarter 2021 results

MOSCOW (MRC) -- Mexican polyester producer Alpek reported a decline in Q4 consolidated net income because of the shutdowns at two plants and higher taxes, said the company.The company shut down its caprolactam operations in Salamanca, Mexico and its stable fibres operations in Cooper River in South Carolina state, US. Alpek shut down the plants because of an extended period of low margins

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