Business

Polyester is a petroleum-based synthetic material typically manufactured as Polyethylene Terephthalate (PET) Resin, and Polyester Staple Fiber (PSF). Polyester has a wide range of end-use applications.

Principal applications include plastic bottles and other containers, apparel and carpets. Polyester is made by combining Terephthalic Acid (PTA) and Monoethylene Glycol (MEG).

Paraxylene (Px), a chemical produced in a crude oil refinery, is the main raw material used to produce PTA. The attached chart depicts the polyester production chain, starting from crude oil, which is converted into Px, which is, in turn, converted into PTA, which together with MEG create various polyester based product offerings.

Products

TPA: Purifed Terephthalic Acid

Is the main material used to produce polyester products. Mixing oxygen with a hydrocarbon called pa- raxylene forms PTA. Our technology, efficiency in logistics, and field experience combined make Alpek Polyester one of the main producers of PTA in the world, and the largest in Latin America. PTA is the foundation for the production of the Laser+® family of PET Resins.

PET: Polyethylene Terephtalate Resin

PET Resin is the main resin used to produce plastic bottles, covers and packaging for many other pro- ducts. PET Resin is strong, lightweight and hygienic; it is the preferred material of many major brand ow- ners. PET is the most recycled plastic in the world.
The US PET manufacturing assets serve primarily North American needs and some fraction of Central America. Mexico assets primarily serve Mexico and many Latin American countries, but also serve the US. Argentina assets serve the Mercosur countries. PET exports outside of the Western Hemisphere are minimal.

PSF: Polyester Staple Fiber

Is synthetic fiber used in the production of textiles of all kinds. Uses include, but are not limited to: gar- ments, personal use and household items, clothing, accessories, and fabrics used in the medical industry. The majority of sales are directed to the NAFTA, CAFTA and Latin American markets. A minimal volume is exported outside of the Western Hemisphere.

The markets served include PSF for Wovens, Nonwovens and Knits. Both Apparel and Textile applica- tions utilize Alpek Polyester PSF offerings, including the Carpet market. PSF products are sold under the brands of Dacron®fibers, Delcron® Hydrotec fibers, SteriPur®AM fibers, and HydroPur®fibers, which are trade brands and products, are generally branded for consumer use according to customer’s specifica- tions and end use requirements. Customers are brand owners and/or converters in many markets.

GreenPET: Renewable and Recyclable Raw Materials

The GreenPET Business is a developing business unit for DAK Americas with a focus on sustainable based polyesters and raw materials. The business has initiatives to identify and develop bio based raw material opportunities and also includes PET Resins recycling through the Clear Path Recycling (CPR) joint venture with Shaw Industries. CPR uses waste PET bottles and recycles them into RPET Flake for use primarily as a captive feedstock into the carpet industry via joint venture partner, Shaw Industries. A small volume is directed to the merchant market. With an annual capacity to recycle 160 Million lbs. of waste PET bottles, the RPET flake produced is primarily used by Shaw industries to make polyester-based carpets.