Corporate Presentation

2Q17

This presentation contains, or may be deemed to contain, “forward-

looking statements”. By their nature, forward looking statements involve

risks and uncertainties because they relate to events and depend on

circumstances that may or may not occur in the future. The future results

of Alpek, S.A.B. de C.V. And its subsidiaries may differ from the results

expressed in, or implied by the forward-looking statements set out

herein, possibly to a material degree.

18.6

Index

• Business Overview

• Consolidated Financials

• Appendix

Index

• Business Overview

• Consolidated Financials

• Appendix

Investment Highlights

5

Market-leading position in the Americas1

High-return integration and cost-saving projects3

Attractive consumer-oriented product portfolio2

4 Low cost producer with leading technology

5 Experienced management team

6 Strong free cash flow and financial performance

Polyester (71% of Sales) Plastics & Chemicals (29% of Sales)

Alpek is a leading petrochemical company focused

on Polyester chain products, mainly PTA and PET

Source: Alpek estimates

(1) June 2017 LTM

(2) 6.65% of the subsidiaries Akra Polyester, S.A. de C.V. and 8.55% Tereftalatos Mexicanos, S.A. de C.V., are owned by BP Amoco Chemical Co.

(3) 49% is owned by Lyondell Basell Industries Holdings B.V.

(4) 50% minus one share is owned by BASF de Mexico S.A. de C.V.

Revenues1 US$ 5.0 Billion

EBITDA1 US$ 530 Million

Polypropylene Expandable Polystyrene

Capro-lactamPTA / PET

Polyester Fibers

Fertilizers & Specialty

Chemicals

Products

and Uses

Subsidiaries Grupo Petrotemex2 Indelpro3 Styropek Unimor

Polioles4

6

Source: Alpek

Polyester Chain

Gasoline

Reformer Paraxylene

Crude Oil

Fibers

PET

PTA

MEGEthyleneCrackerEthane

Naphtha Ethylene Oxide

Polyester

7

Alpek´s products are widely used for food

packaging and consumer end-markets

Source: Alpek estimates

Kta: Thousand tons per year

Sample End Users by Industry

Beverage Food

Personal Care Textiles

Volume by Industry 2016(3,938 Kta)

Consumer

Goods

32%

Textiles

7%Construction

3%

Sales Geography 2016

Europe

3%

Mexico

37%

USA

44%

Asia and Others

1%LatAm

14%

Food and

Beverages

58%

Canada

1%

8

Alpek is the largest integrated polyester producer

in North America (PTA-PET)

Source: PCI

2016 Capacities, 2016 M&As

PTA(5,560 kta)

NanYa

M&G

Indorama

42%

PET(4,443 kta)

North America

2016 Installed Capacity

9

Eastman

BP

Indorama

41%

Alpek’s installed capacity amounts to 5.8 M tons;

23 production facilities and ~5,200 employees

Source: Alpek estimates

Kta: Thousand tons per year

(1) Includes industrial and specialty chemicals and recycled PET capacities

Location of Production Sites Installed Capacity Breakdown (Kta)

10

Site PTA PET rPET Fibers PP EPS CPL Other

Mexico

(2,950 Kta)

A Monterrey 160

B Altamira 1,000 640 165

C Salamanca 85

D Ocotlán 10

E Cosoleacaque 610 185

F Lerma 100

USA

(2,343 Kta)

G Cedar Creek 170 73

H Cooper River 170 150

I Columbia 640 725

J Pearl River 430

Canada K Selenis 144

Argentina

(225 kta)

L Zárate 190

M Pacheco 16

N General Lagos 19

Brazil O Guaratingueta 46

Chile

(27 Kta)

P Santiago 5

Q Puerto Montt 2

R Concon 20

Total Capacity1: 5,755 Kta 2,250 2,014 89 310 640 250 85 117

Corpus Christi

(2017)

PTA: 420 k tons

PET: 500 k tons

AB

CD EF

GIHJ

LMN

O

P

Q

R

K

Alpek has developed a leading position in every

product of its portfolio

Source: PCI and Alpek estimates

(1) In North America

(2) In the Americas, including recent EPS acquisition

Alpek: Industry Position

Industry Position Comments

PTA #1 in North America • Attractive industry structure

• 41% est. installed capacity share1

PET#1 in North America

#2 Worldwide• 42% est. installed capacity share1

Fibers #2 in North America• Leading supplier of filament for car seatbelts

• 26% est. installed capacity share1

PP Only producer in Mexico • Attractive growth potential

EPS #1 in the Americas• Largest plant in the Americas

• 40% est. installed capacity share2

CPL Only producer in Mexico • Among top 5 lowest cost producers worldwide

Po

lye

ste

rP

las

tic

s &

Ch

em

ica

ls

11

Alpek is investing in attractive organic projects to

boost profitability

Strategic Guidelines

Source: Alpek estimates

Project OverviewEstimated figures and dates

● Capture natural gas, ethane and propane

advantage in North America

● Maximize operating efficiency

● Selective capacity expansion

● Lever IntegRex® technology

12

ProjectCapex (US$M)

EBITDA (US$M)

Start-up

1. Cosoleacaque Cogeneration 140 30 4Q14

2. MEG Tolling Agreement 65 20 2Q16

3. Propylene Spheres (2) 23 10 2Q17

4. PTA/PET Site (Corpus Christi) 400+ 100 2017

5. EPS Expansion Altamira 30 10 2017

6. Altamira Cogeneration 350 90 2018

Total ~ $1 B ~$260

US $899 M invested up to Jun-17

Alpek also holds a successful M&A track record

and is constantly evaluating potential targets

13

Attractive Market Potential

Existing/Related Business

Cost Competitiveness

M&A Deals (2011-2016)M&A Guidelines

Product Capacity Year Country Investment

1. EastmanPTA /

PET1.3 Mtons 2011 USA US $622 M

2. Wellman PET 430 ktons 2011 USA US $123 M

3. Cabelma rPET 16 ktons 2014 Argentina Undisclosed

4. BASF EPS EPS 230 ktons 2015 The Americas Undisclosed

5. BASF (Concon) EPS 20 Ktons 2016 Chile Undisclosed

6. Selenis PET 144 ktons 2016 Canada Undisclosed

Alpek

M&A

7. Petroquimica

Suape (1)

PTA 640 ktons

TBD Brazil US $385 MPET 450 Ktons

Fibers 90 ktons

(1) Subject to corporate and governmental approvals after suspension imposed on the assets’ sale is resolved by Petrobras

2017 average Brent price estimated at $55/bbl

Brent Crude Oil

14

40

100

60

20

80

120

Dls/Bbl

99 $/bbl

53 $/bbl

2014 2015 2016 2017

44 $/bbl

Guidance 2017

($55/bbl)

• Δ 1 US$ dollar / Bbl = ~ Δ 3 US$ Million EBITDA

2017 Guidance

4,1063,9383,9373,931

2017G

+4%

20152014 2016

Sales Volume Revenues

EBITDA CAPEX

Source: Alpek estimates

502

669630

434

-25%

2016 2017G2014 2015

238

345317320

-31%

2014 2016 2017G2015

(Kto

ns

)

(US

$ M

illio

n)

(US

$ M

illio

n)

(US

$ M

illio

n)

5,0694,8385,284

6,471

20152014 2016

+5%

2017G

% Sales 6.7% 9.9%11.9% 13.8%

15

Lower 2017 EBITDA guidance mainly due to

normalization of PP margins after 1Q16 peak

16

2723

8924

502

637669

8

Inventory

gain

Non

operating

items

EBITDA

2016

Comparable

EBITDA

2016

EBITDA

2017G

Others

4

PolyesterEPS

Margin

PP

Margin

17

26

18

111111

2012 2013 2015 2016 20172014

Average Margin:

Polypropylene to Propylene (PGP)(c/lb)

181818

23

2830

26

20

15

11

3Q15 4Q163Q162Q16 1Q171Q164Q15 2Q171Q15 2Q15

Alpek: EBITDA(M dls)

EBITDA vs. Guidance (2Q and YTD17)

17

M dls 2Q17 2Q17G 2017 2017G

Polyester Comp. 45 72 114 139

PPA Selenis 12 8 12 8

P&Ch Comp. 54 49 116 100

Total 112 129 243 246

Val. Inv. (29) - (3) -

Reported 82 - 240 -

12

5

5

5 45

72

2Q17Fibers +

Others

US $27

2Q17G Plant

outages

Feedstock

cost

carryover

IPA

Alpek EBITDA vs Guidance Alpek Polyester EBITDA vs Guidance

M dls

Index

• Business Overview

• Consolidated Financials

• Appendix

Sales Volume and Revenues

+1%

77%78%

3,992

20162015

23%

3,937

23%

LTM 17

3,9383,931

24%22%

77%

2014

76%

Sales Volume Revenues

+4%

4,838

29%

5,0175,284

71%

LTM 17

27%

2015

27%

2016

71%

29%

6,471

2014

73%

73%

(Kta

)

(US

$ M

illi

on

)

Polyester Plastics & Chemicals

Source: Alpek estimates 19

Income Statement Accounts

392

532

481

286

20162014 LTM 172015

-26%Operating Income EBITDA

Financial Cost, Net (1) Majority Net Income

Source: Alpek estimates

(1) Financial Cost, Net = Net Financial Expenses + Fx Gains (Losses) + Interest Rate Swaps + Gas & Comm. Derivatives

53

133

116111

20152014 LTM 17

-60%

2016

189198

175

65

20162014 LTM 172015

-4%

(US

$ M

illio

n)

(US

$ M

illio

n)

(US

$ M

illio

n)

(US

$ M

illio

n)

11.0%9.1%4.4%% Sales % Sales

4.1%3.3% 3.8%1.0%% Sales

530

669630

434

20152014 LTM 172016

-21%

13.8%11.9%6.7%

20

7.8% 10.6%

Balance Sheet Accounts

610

694632

685

2016

-12%

20152014 Jun 17

Net Working Capital(1) Property, Plant and Equipment

Net Debt(2) Stockholders’ Equity

Source: Alpek estimates

(1) Net Working Capital = Accounts receivable + Other accounts receivable + Inventories - Suppliers - Other accounts payable and accrued expenses

(2) Net Debt = Bank loans and notes payable + Current portion of long term debt + Long term debt – Cash

2,0881,955

1,8201,861

2016

+7%

20152014 Jun 17

1,0581,042

722715

2015

+2%

20162014 Jun 17

2,0792,0192,0052,028

20162015

+3%

2014 Jun 17

(US

$ M

illio

n)

(US

$ M

illio

n)

(US

$ M

illio

n)

(US

$ M

illio

n)

505347 45NWC Days

21

Financial Ratios and Other Indicators

Interest Coverage(1)Net Debt / EBITDA

CAPEX

Source: Alpek estimates

(1) Interest coverage= EBITDA / Net financial expenses

8.0

10.510.7

6.5

LTM 17201620152014

2.0

1.6

1.1

1.6

2016 LTM 1720152014

326345

317320

LTM 1720152014 2016

(Tim

es

)

(Tim

es

)

(US

$ M

illio

n)

133

170160

110

2016 LTM 1720152014

EBITDA / Ton

(US

$ / T

on

)

22

Alpek Consolidated Debt Profile

June 2017

● Gross Debt: U.S. $1.246 billion

● Net Debt: U.S. $1,058 million

● 99% of our debt is denominated in US dollars(1)

● Available Committed Credit Lines: U.S. $321 million

(1) A small portion of debt is denominated in ARS

300

650

212747

192188

19Cash 1817 2220 21 23

23

Index

• Business Overview

• Consolidated Financials

• Appendix

Operating & Financial Highlights (2Q17)

Alpek

• 2Q17 Consolidated EBITDA of U.S. $82 million, including a U.S. $29 million

non-cash inventory loss and a U.S. $12 million one-time gain from the Selenis

Canada acquisition (2016)

• The decline in oil and feedstock prices also had an estimated impact of U.S.

$10 million on 2Q17 Comparable Consolidated EBITDA

• Net Debt down U.S. $118 million versus 1Q17 driven by positive Net Working

Capital cash flow

Polyester

• 2Q17 Polyester EBITDA of U.S. $33 million, including a U.S. $25 million non-

cash inventory loss and a U.S. $12 million one-time gain from the Selenis

Canada acquisition (2016)

• Resilient demand; 2Q17 Polyester volume up 9% and 6% versus 2Q16 and

1Q17 respectively

• Initial deposit of U.S. $39 million in escrow to acquire PetroquimicaSuape and

Citepe; Brazilian authority (CADE) started transaction evaluation process

Plastics &

Chemicals

(P&C)

• 2Q17 P&C EBITDA of U.S. $49 million, including an U.S. $5 million non-cash

inventory loss

• Better-than-expected polypropylene volume and margins despite high

feedstock price volatility

• 2Q17 caprolactam reference margins decreased to expected level after 1Q17

spike

25

Latest Quarter Results

Source: Alpek

(1) Times: Last 12 months.

Alpek: Selected Financial Information

26

(%) 2Q17 vs.

2Q17 1Q17 2Q16 1Q17 2Q16 YTD17 YTD16 Ch.%

Total Volume (ktons) 1,038 986 981 5 6 2,024 1,970 3

Polyester 807 759 743 6 9 1,566 1,497 5

Plastics & Chemicals 231 227 239 2 (3) 458 472 (3)

Consolidated Revenues 1,306 1,293 1,237 1 6 2,598 2,419 7

Polyester 930 916 871 2 7 1,846 1,708 8

Plastics & Chemicals 375 376 366 - 2 752 711 6

Consolidated EBITDA 82 158 208 (48) (61) 240 380 (37)

Polyester 33 87 110 (62) (70) 120 184 (35)

Plastics & Chemicals 49 70 98 (30) (50) 119 197 (39)

Profit Attributable to Controlling Interest 25 87 48 (72) (49) 112 120 (7)

CAPEX and Acquisitions 65 76 110 (14) (40) 142 142 -

Net Debt 1,058 1,175 910 (10) 16

Net Debt/LTM EBITDA(1) 2.0 1.8 1.3

Interest Coverage(1) 8.0 10.0 11.1

Latest Quarter Results

Sales Volume Revenues

EBITDA Majority Net Income

Source: Alpek

(Kto

ns

)

(US

$ M

illio

n)

(US

$ M

illio

n)

(US

$ M

illio

n)

967980981988 9709981,038986

3Q 4Q2Q1Q

143156

208

171

133

157

82

158

4Q2Q1Q 3Q

1,2191,346

1,2371,182 1,1831,2361,3061,293

4Q1Q 3Q2Q

29

38

48

72

28

50

25

87

2Q 3Q1Q 4Q

1.8% -8.2%

0.6% 29.6%

Ch.% Ch.%

Ch.% Ch.%

0.3% -2.9%

-6.8% -4.2%

-0.2% 9.4%

-7.9% 20.4%

(US

$ M

illio

n)

5.8% 5.5%

-60.5% -48.5%

272015 2016 2017

Latest Quarter Results

Source: Alpek

Alpek: Net Income

Alpek: Cash Flow

28

(%) 2Q17 vs.

2Q17 1Q17 2Q16 1Q17 2Q16 YTD17 YTD16 Ch.%

EBITDA 82 158 208 (48) (61) 240 380 (37)

Net Working Capital & Others 156 (64) (22) 342 797 91 (136) 167

Capital Expenditures & Acq. (65) (76) (110) 14 40 (142) (142) -

Financial Expenses (17) (16) (18) (4) 8 (33) (23) (42)

Income tax (33) (27) (45) (23) 26 (60) (119) 50

Dividends (9) (88) (69) 90 87 (97) (205) 53

Payment affiliated companies 1 - 52 100 (99) 1 64 (99)

Other Sources / Uses 3 (20) (3) 113 200 (17) (7) (133)

Decrease (Increase) in Net Debt 118 (134) (7) 188 1,836 (16) (189) 92

(%) 2Q17 vs.

2Q17 1Q17 2Q16 1Q17 2Q16 YTD17 YTD16 Ch.%

Consolidated Net Income 38 106 70 (64) (46) 144 175 (18)

Non-Controlling Interest 13 19 22 (31) (41) 32 55 (41)

Controlling Interest 25 87 48 (72) (49) 112 120 (7)

Earnings per Share (U.S. Dollars) 0.01 0.04 0.02 (72) (49) 0.05 0.06 (7)

Avg. Outstanding Shares (Millions)* 2,117 2,117 2,117 2,117 2,117

Comparable EBITDA

29

Reported EBITDA 2014 2015 2016 2017G 2Q16 2Q17 2016 2017

Polyester 270 344 349 304 110 33 184 120

Plastics & Chemicals 159 284 322 198 98 49 197 119

TOTAL 434 630 669 502 208 82 380 240

Comparable EBITDA 2014 2015 2016 2017G 2Q16 2Q17 2016 2017

Polyester 341 378 331 304 96 45 180 114

Plastics & Chemicals 159 273 308 198 94 54 189 116

TOTAL 505 654 637 502 190 99 368 230

Adjustments* 2014 2015 2016 2017G 2Q16 2Q17 2016 2017

Polyester 71 35 (18) - (15) 12 (4) (7)

Plastics & Chemicals - (11) (14) - (4) 5 (8) (3)

TOTAL 71 24 (32) - (19) 17 (11) (10)

*Adjustments: Inventory and non-operating, one-time (gains) losses

New Guidance 2017

2017 Ch.% (vs. 2016)

Volume (Ktons) 4,106 4

Net Sales (Million) U.S. $5,069 5

EBITDA (Million)1 U.S. $502 (25)

Capex (Million) U.S. $238 (31)

2017 New Consolidated Guidance

(1) Does not include any impact from inventory valuation.30

Polyester Chain

PTA, PET, and Polyester Fibers

Employees: 3,629

Products (Capacity):

• PTA (2,250 Kta)

• PET (2,014 Kta)

• rPET (89 Kta)

• PSF (150 Kta)

• Filament and polymer (160 Kta)

Raw Materials:

• Paraxylene (Px)

• Monoethyleneglycol (MEG)

• Acetic Acid

End Markets:

• Food and beverage

• Textile

• Consumer Goods

EBITDA LTM 17

US$ 3,583 Million

Revenues LTM 17

US$ 286 Million

General Information

Source: Alpek 31

Pearl River, MI

PET

Cedar Creek, NC

PET, R-PET

Columbia, SC

PTA & PET

Cooper River,

SC

PET & PSFMonterrey, N.L.

Headquarters

Polyester Filament

Cosoleacaque, Ver.

PTA & PET

Altamira, Tamps.

PTA

Selenis, Quebec.

PET

ARG

Zárate, Arg.

PET

Pacheco, Arg.

PET

Plastics & Chemicals

PP, EPS, CPL and Others

General Information

Employees: 1,527

Products (Capacity):

• Polypropylene - PP (640 Kta)

• Expandable Polystyrene - EPS (250 Kta)

• Caprolactam - CPL (85 Kta)

• Other (117 Kta)

Raw Materials:

• Propylene, Styrene, Cyclohexane,

Ammonia, Sulfur, Pentane, Ethylene

Oxide, Propylene Oxide and Others

End Markets:

• Consumer Goods

• Food and Beverage

• Construction

EBITDA LTM 17

US$ 1,435 Million

Revenues LTM 17

US$ 245 Million

Ocotlán, Jal.

Nylon 6

Monterrey, N.L.

Headquarters,

Lerma, Edo. De Mex.

Specialty Chemicals

Altamira, Tamps.

PP, EPS

Salamanca, Gto.

CPL and Fertilizers

Guaratingueta, Brazil

EPS

Santiago, Chile

Other

Puerto Montt, Chile

Other

General Lagos, Argentina

EPS

32

Concon, Chile

EPS

Source: Alpek

Alpek is managed by an experienced team focused

on delivering value to shareholders

Source: Alpek

Po

lye

ste

rP

las

tic

s&

Ch

em

ica

ls

Name PositionYears with

Alpek / Alfa

José de Jesús Valdez Simancas CEO 40

Eduardo Escalante Castillo CFO 29

Felipe Garza Medina Co-President, Alpek Polyester 39

Jorge Young Cerecedo Co-President, Alpek Polyester 26

Jorge González Escobedo President, Polyester Filaments 42

Alejandro Llovera Zambrano President, Polypropylene 31

José Luis Zepeda Peña President, EPS and Chemicals 30

Gustavo Talancón Gómez President, CPL and Ammonium Sulfate 27

Po

lye

ste

rP

las

tic

s&

Ch

em

ica

ls

33

Plastics & Chemicals

Organization Chart

Source: Alpek

Polyester Chain

Felipe GarzaCo-President

Alpek Polyester

Jorge YoungCo-President

Alpek Polyester

Alejandro Llovera

President, Polypropylene

Jorge GonzálezPresident, Polyester Filaments

Eduardo Escalante

CFO

José de Jesús ValdezCEO

José Luis Zepeda

President, EPS and Chemicals

Gustavo Talancón

President, CPL and Ammonium

Sulfate

34

Polypropylene Chain

Source: Alpek

Propylene

Refinery

Cracker

Polypropylene

35

Gasoline

Reformer Benzene

Refinery

Crude Oil

EPS

EPS & CPL Chain

Source: Alpek

Ethylene

Styrene

Cyclohexane Caprolactam

(CPL)

Cracker

Ammonia

36

+ +

World leader in PP production with sales

in more than 100 countries

Largest petrochemical company in the

world with more than 370 sites

Alpek has been a reliable partner to other global

industry leaders through successful joint ventures

51.0%50.0%

+ 1 Share

Source: Alpek

Alpek: Sample Joint Ventures

37

Alpek has grown at a 8% annualized rate since

1986 through M&A, JVs and organic projects

1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015

PTA/PET acquisitions

(USA)

CabelmaPET

Coso Cogen

Acquisition of

Univex

(Caprolactam)

Clear Path

Recycling

Cogeneration

project

Acquisition of PTA

plant

Polypropylene plant

start-up

Propylene

splitter

installation

Acquisition of

polyester business

(USA)

Acquisition of Argentina

and Mexico PET plants

EPS expansion in

Altamira

IPO (BMV)

DMT

Expansion EPS

Expansion

Polypropylene

expansion

EPS

acquisition

Source: Alpek

Sales Volume 1986-2016(Index: 1986=100)

38

Selenis/ Concon

Acquisition

Organic growth and acquisitions position Alpek as

a leading PTA and PET producer in North America

2004(5,500 Kta)

2016(5,560 Kta)

2004 (3,800 Kta)

2016(4,443 Kta)

PTA – Installed Capacity(1)

PET – Installed Capacity(1)

InvistaInterquisa

Eastman

BP

Others

M&G

Indorama

NanYa

Wellman

Invista

Eastman

NanYa

M&G

IndoramaSource: PCI

(1) In North America

29%

41%

8%

42%

39

BP

Eastman

Indorama

Proprietary Technologies

(I&D, acquisitions)

Third-Party

Technologies

Alpek operates a state-of-the-art portfolio of

proprietary and third-party technologies

PTA

• Integrex PTA

PET

• Integrex PET

• Melt – TekTM

Oilfield Chemicals

• In-house

technology

Polypropylene

• Spheripol (LB)

• Spherizone (LB)

EPS

• Single Step

(BASF)

Caprolactam

• HSO

Alpek: Proprietary and Third-Party Technologies

Source: Alpek

40

Oxidation

Post-Oxidation

Filtration and

Drying

CTA Storage

Filtration and

Drying

Feed prep

Hydrogenation

Crystallization Crystallization

PTA Storage

Polymerization

Precursor

Storage

Esterification

Pre-Poly

Annealing

Solid State

Polymerization

Crystallization

PET Resin

Pelletization

Precursor

Preheating

Steps eliminated

with IntegRexTM

technology

Alpek’s IntegRex® technology simplifies both PTA

and PET production processes

Benefits from IntegRexTM technology:

• ~20% reduction in conversion cost

• ~US$15 less per ton in capital cost

• 11 less steps for the production of PTA and PET

• Lower wastewater by-product and greenhouse gas emissionsSource: Alpek

PTA / PET: Process Diagram

41

Power cogeneration overview

Contract-based

power

customers

Ga

s

turb

ine

Heat Recovery

Cogeneration plant

Ste

am

turb

ineNatural Gas

Electricity

Steam

Steam

12

3

1. Gas turbine generates electricity

2. Combustion gases produce steam

3. Steam is used to generate additional electricity and for Alpek’s chemical reactions

Hot

gases

42

Alpek signed an IntegRex® PTA license and PTA-

PET sourcing agreement with M&G

• Integrated PTA - PET site in Corpus Christi, TX

• Capacity: 1.2 M tons PTA and 1.1 M tons PET

• Wholly owned and operated by the M&G Group

• ~U.S.$ 1B estimated investment (green field)

• Largest IntegRex® PTA facility in the world

• Expected to begin operations in 2017

License fee ($)

U.S.$ 350M

400 Ktons per year

of integrated PET

PTA-PET

Sourcing

Agreement

IntegRex®

PTA License

Agreement

Corpus Christi Site

43

The sourcing agreement provides Alpek with

unique access to M&G’s Corpus Christi site

(1) Additional supply rights acquired in 4Q15

336 Ktons+84 Ktons1

PTA1.2 M tons

M&G864 Ktons

400 Ktons+100 Ktons1

M&G600 Ktons

Pearl River

PET1.1 M tons

350 Ktons PTA

Corpus Christi Site (CC)

Raw materials(e.g. Px, MEG, etc.)

Raw materials(e.g. Px, MEG, etc.)

44

Alpek acquires Polioles’ and BASF’s EPS business

activities in North and South America

Polioles’ EPS business activities

EPS site in Altamira, Mexico

Polyurethane (PU) business activities

Selected assets in Lerma, Mexico

EPS sales & distribution in NA/SA

EPS site in Guaratingueta, Brazil

EPS site in General Lagos, Argentina

Aislapol, S.A. (Chile)

Industrial & Specialty Chemicals

Alpek/BASF JV

45

Styropek is the leading EPS player in the Americas

Sites

Sales office

Warehouses

• Largest EPS capacity in the Americas (~250 ktons)

• Only EPS producer covering North and South America

Styropek: Locations

46

Alpek has effectively transformed its EPS business

47

The Americas’ installed EPS capacity 2017ETotal: 600 ktons

Flint Hills

Nexkemia42%

Others

8%

Nova18%

17%

15%

Alpek

(Styropek)

32575

23065

165

20

2018Altamira

Expansion

Concon

Plant

2015Acquisition2014

Kta

Alpek: EPS capacityExpandable Polystyrene (EPS)

Alpek acquired a 20 Kta EPS plant in Concon, Chile

from BASF

48

Alpek: EPS production facilities Concon Plant

• Capacity: 20 Kta (EPS)

• Location: Concon, Chile (BASF site)

• Closing: March 31, 2016Altamira. México

Guaratingueta, Brasil

Santiago, Chile

Puerto Montt, Chile

General Lagos, Argentina,

Concón, Chile

Styropek Plants (230 Kta)

Concon Plant (20 Kta)

Alpek acquired a controlling interest in Selenis

Canada Inc.

49

• Capacity: 144 Ktons (PET)

• Location: Montreal, Canada

• Rationale: • Only PET plant in Canada• Alpek to capture PTA integration synergies• Complement product portfolio with

differentiated PET products

Montreal. Canada

Charleston. USAColumbia. USA

Bay St. Louis. USA

Monterrey. México

Fayetteville. USA

Altamira. México

Cosoleacaque. México

Zárate. Argentina

Pacheco. Argentina

Alpek: Polyester production facilities

Polyester Plants (4,519 Kta)

Selenis Plant (144 Kta)

Selenis Plant

U.S. PET antidumping case

Case Calendar

• March´15: Department of Commerce (DOC) and

International Trade Commission (ITC) filing

• March´16: DOC issued affirmative FINAL Antidumping

Duty and Countervailing Duty determinations

• April´16: ITC issued affirmative FINAL determinations

Countervailing Antidumping

Canada N/A 14 %

China 7 – 126 % 105 – 126 %

India 0 – 1541 % 8 – 19 %

Oman 1 % 8 %

(1) 154% only for JBF Industries Limited

Final Rates

50

• Rates applicable for a minimum period of five years.

• Trade orders could be renewed in five-year increments

995926

871920

838882

948

1,168

9701,014

1,543

1,6351,708

898

2Q’171Q’15 2Q’162Q’15 3Q’161Q’164Q’15 1Q’174Q’163Q’15201420122011 2013

Px USA Contract Price

(US

$ / To

n)

Paraxylene (Px) Price

51

Propylene and Styrene Prices

52

North America Propylene Contract Price North America Styrene Spot Price

3939

46

52

48

42

3638

33313133

42

50

70717073

J1Q4Q3Q AFE3Q M2Q M4Q1Q 4Q3Q 1Q2Q 2Q

2014 2015 2016 2017

4846

50

63

74

59

49

4446

4239

48

59

44

59

7171

75

E4Q M M3Q AF3Q2Q 4Q1Q 2Q4Q 1Q 2Q3Q1Q J

2014 2015 2016 2017

(c / lb

)

(c / lb

)

67 6799

67 62 61 69 67 70 70 7256

84

201

2Q

222214

394

220

20122011

232

2014

219

3Q

198200

2Q2013

200213212

1Q

196

1Q 2Q

195

4Q3Q

195

1Q4Q

Margin: China PET to Px/MEG

(US

$ / To

n)

PET Margin (Asia)

2015 2016

53

2017

PTA

PET

819

1,192

781

637647584

641704

985986

797

1,013

1,181

2,108

2012 2Q4Q2Q 1Q3Q4Q 1Q2Q 3Q20142013 1Q2011

Margin: CPL Spot to Contract Benzene

(US

$ / To

n)

Caprolactam Margin (US)

54

2015 2016 2017

Alpek stock highlights (BMV: ALPEK)

Valuation 4Q14 4Q15 4Q16 2Q17 2017G

Market Cap. (U.S.$ B) 2,475 3,113 2,193 2,419 1,969

Net Debt (U.S.$ M) 715 722 1,042 1,058 1,069

EBITDA LTM (U.S.$ M) 434 630 669 530 502

Enterprise Value / EBITDA 8.0 6.5 5.2 7.0 6.5

Price / Earnings 23.8 13.3 8.0 10.0 N/A

Price per Share (MXN) 17.78 25.98 21.1 20.00 20.00

Exchange Rate (MXN/USD) 15.21 17.67 20.35 17.50 21.50

2

4

1

3

4

0

6

0

1

5

3

2

5

6

JanNovJulMay Feb MarDecOctSepAugJunMar Apr

Daily Average Traded Shares & Value

2016

Daily Stock Price

(Pe

so

s)

34

26

28

22

36

20

24

32

30

18

MarNovSep JanJulMayMar May Jul

2016

Performance ALPEK IPC DJI

June 2017 -4.3% 2.2% 1.6%

YTD (Jun-17) -12.1% 9.2% 8.0%

LTM (Jun-17) -27.5% 8.5% 19.1%

Shares

Value

(M Shares) (U.S. $ M)

55

20172017