| Alpek - Mexican petrochemical company and a large business unit of the ALFA conglomerate. |
Alpek is a Mexican company focused on the chemical sector, primarily engaged in the production of purified terephthalic acid (PTA), polyethylene terephthalate (PET), polyester fiber, polypropylene (PP), expandable polystyrene (EPS), caprolactam (CPL), ammonium sulfate, and various specialty and industrial chemicals. Their products serve diverse industries including consumer goods, food and beverages, automotive, construction, agriculture, oil and gas, and pharmaceuticals. Alpek operates production plants across the Americas and is controlled by Alfa SAB de CV. |
Alpek is a leading petrochemical company in the Americas, particularly in Polyester production, and the sole producer of Polypropylene and Caprolactam in Mexico. It is the largest business unit of ALFA. In October 2024, ALFA's shareholders approved the spin-off of ALFA's stake in Alpek into a new entity, "Controladora Alpek," expected to be completed in 2025. |
Alpek is one of the largest PET and PTA producers in the Americas and the only producer of Polypropylene and Caprolactam in Mexico. Their Ethylene production volume is linked to the Ethylene XXI project with Braskem Idesa (1.05 million tons annually). |
Total revenue in 2023 was $7,759 million USD (138,159 million Mexican pesos), a 35% decrease from 2022 ($10,555 million USD). The decrease was mainly due to lower average prices and subdued volume. Revenue by business segment in 2023 showed Polyester with $102,154 million Mexican pesos. |
| Orbia Advance - A global provider of products and solutions in sectors including petrochemicals, building materials, and infrastructure. |
Orbia Advance, formerly known as Mexichem, has transformed from primarily a Mexican chemical company into a diversified global player. Its businesses include polymers, irrigation equipment, PVC pipes, fiber-optics conduits, propellants, and other industrial products. Orbia operates in various countries and has a broad portfolio. |
Orbia's history involves significant inorganic growth through acquisitions. KALUZ is a major shareholder, owning a 49% stake in Orbia. Orbia has been focusing on a new purpose centered around people, profit, and planet, aiming for sustainable value creation. They have been reorganizing their leadership and operations to align with this purpose. |
While specific chemical volumes for Mexico are not provided, Orbia is a leading global maker of polymers and other industrial chemical products. Their operations span 41 countries. |
Orbia's annual revenue topped $7 billion USD in the year prior to December 2019. More recently, Orbia Advance is reported with a TTM revenue of $7.51 billion USD. |
| Brenntag SE - A global market leader in chemical and ingredients distribution. |
Brenntag SE is a global company with a significant presence in Mexico through Brenntag México S.A. de C.V. They distribute a wide range of industrial and specialty chemicals and ingredients across various industries, including food and nutrition, automotive, mining, and polymers. Brenntag provides integrated solutions and value-added services in addition to product distribution. |
Brenntag's growth strategy includes mergers and acquisitions, particularly in Latin America, where they see opportunities in markets like Mexico. In May 2024, Brenntag SE agreed to acquire Química Delta, a Mexican chemical distributor, with the transaction expected to close in Q3 2024. |
Brenntag distributes chemicals in various quantities, from bulk to smaller containers, serving a broad customer base. Specific volumes distributed in Mexico are not provided. They have warehouse and logistics assets to support their distribution activities. |
Brenntag SE's global revenue was $17.49 billion USD TTM in 2024, a decrease from $18.24 billion USD in 2023. While specific revenue for Mexico is not available, their significant presence and acquisition activities indicate substantial revenue generated within the country. |
| Univar Solutions - A leading global solutions provider to users of specialty ingredients and chemicals. |
Univar Solutions is a major global chemical distributor with operations in Mexico. They offer a broad portfolio of chemicals and ingredients, along with value-added services like technical support, application expertise, and regulatory assistance. Univar Solutions serves various industries and has a distribution network across Mexico. They have a "Super Solution Center" in Mexico City. |
Univar Solutions is described as a principal distributor of chemical products in Mexico. In 2023, they entered into a definitive merger agreement with affiliates of Apollo Global Management, Inc., in a transaction valuing Univar Solutions at approximately $8.1 billion. Their Latin American business saw significant growth in EBITDA and revenue in a period prior to May 2023. |
Univar Solutions distributes a wide range of chemical products in various volumes to serve diverse industries in Mexico. Specific volumes for Mexico are not provided. They leverage a global network and local assets for distribution. |
Univar Solutions' global revenue was $10.83 billion USD TTM in 2023, a decrease from $11.47 billion USD in 2022. Their revenue growth in Latin America was almost 27% in a period prior to May 2023. Specific revenue generated within Mexico is not publicly detailed in the provided snippets, but their scale suggests significant operations. |
| Grupo Pochteca - A distributor of chemical products and other materials. |
Grupo Pochteca is a distributor of chemical products, lubricants, paper, and other materials. They are mentioned as a significant player in the specialty chemical distribution market in Mexico. |
Grupo Pochteca is listed among the largest specialty chemical companies in Mexico by revenue. They have a strong local presence. |
Specific volumes distributed are not available. |
Grupo Pochteca had a TTM revenue of $413.85 million USD in specialty chemicals. |
| Química Delta - A distributor of chemical products and base oils in Mexico. |
Química Delta is a distributor specializing in chemical products and base oils in Mexico. They focus on connecting suppliers and clients within value chains, emphasizing service. Química Delta was a leading distributor in the Mexican market. |
In May 2024, Brenntag SE agreed to acquire Química Delta. This acquisition is part of Brenntag's growth strategy in Latin America, particularly in Mexico. The closing is subject to regulatory approvals. |
Specific volumes distributed by Química Delta are not provided. |
Química Delta reported annual sales of $368 million USD in 2023. |
| Idesa Petroquímica / Braskem Idesa - A key player in Mexico's petrochemical industry, involved in large-scale production. |
Grupo Idesa is a Mexican business group with a petrochemical division, Idesa Petroquímica. Braskem Idesa is a joint venture between Braskem and Grupo Idesa, responsible for the Ethylene XXI petrochemical complex in Mexico. This complex produces ethylene and polyethylene. |
Braskem Idesa's Ethylene XXI project represents a significant investment in Mexico's petrochemical infrastructure, aimed at substituting imported resins. The complex began operations in early 2016. Grupo Idesa's petrochemical division includes companies like SOSA, IDESA, NOVIDESA, and PETRAMÍN. |
The Ethylene XXI complex has an annual production capacity of 1.05 million tons of polyethylene and an equal volume of ethylene feedstock. |
Specific recent consolidated revenue figures for Idesa Petroquímica or Braskem Idesa are not provided in the snippets. The Ethylene XXI project involved an investment of $5.2 billion USD. Braskem's gross income globally was BRL 54.1 billion (USD 16.3 billion) at an unspecified time (linked to 2016 project start). Braskem Idesa's financial statements for 2023 show total assets of $4,375,886 thousand USD (73,924,001 thousand Mexican pesos). |
| KALUZ - A Mexican business group with interests in various sectors, including chemicals through its significant stake in Orbia Advance. |
Grupo Empresarial Kaluz, S.A. De C.V. is a privately-held holding company based in Mexico City. Its business interests span chemicals, petrochemicals, building materials, and financial services. KALUZ is a major shareholder in Orbia Advance (formerly Mexichem). |
KALUZ owns a 49% stake in Orbia Advance. Antonio del Valle, founder of KALUZ, is mentioned in relation to the group. The company's CEO, Martínez-Valle, previously ran KALUZ. KALUZ's involvement in the chemical sector is primarily through its ownership in Orbia, a significant global chemical and materials company with a strong presence in Mexico. |
Volume estimates directly attributable to KALUZ as a holding company are not applicable. Its influence on volumes is through its stake in Orbia. |
An older report from 2020 listed KALUZ with an annual revenue of $1.843 billion U.S. employees. However, Orbia's revenue ($7.51 billion TTM) is a more relevant indicator of the scale of KALUZ's chemical-related business through its majority ownership. |