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Showing 1 to 6 of 6 entries


News	Kokel, Nicolas Alpek Cedar Creek 2025/06/11 02:52 PM Alpek to Close Cedar Creek PET Facility in North Carolina, Impacting 180 Jobs View Main Message Cedar Creek facility in Fayetteville, North Carolina \| Alpek, S.A.B. de CV May 30, 2025 \| Monterrey, N.L., Mexico Alpek, S.A.B. de C.V. (Alpek), a leading global polyester producer headquartered in Mexico, announced it will permanently cease operations at its Cedar Creek facility in Fayetteville, North Carolina, effective July 31, 2025. The decision, part of Alpek’s long-term strategy to optimize its global footprint, will result in the loss of approximately 180 jobs at the site. The Cedar Creek plant, acquired by Alpek in 2001, has an installed capacity of 170,000 tons of PET resin and about 35,000 tons of recycled PET (rPET) flake production annually. The closure is expected to generate around $20 million in annualized savings for Alpek by 2026 as the company shifts focus to its more competitive and scalable assets. Alpek stated that it will reallocate production to other facilities within its regional and global network to continue serving customers with high-quality and sustainable polyester solutions. The company emphasized that this move is part of broader cost-reduction efforts, reinforcing its long-term vision to strengthen its core business and financial position. The Fayetteville closure follows recent shutdowns at other Alpek sites, including its Cooper River plant in South Carolina and the Monterrey polyester filament plant in Mexico. After the closure, Alpek’s Columbia site in Gaston, South Carolina and Pearl River site in Bay St Louis, Mississipi, will remain the only PET manufacturing facilities of Alpek Polyester Americas. Alpek has not disclosed where the Cedar Creek production will be reallocated, nor has it commented on the impact to its corporate offices in Charlotte and Wilmington. The company has expressed its intent to work with local employment agencies to support affected workers during the transition. #dak #alpek #polyester #pet #mexico #fayetteville #cedarcreek #rpet #recycledpet #cedarcreek #pearlriver #petmanufacturing
News	Kokel, Nicolas Alpek PET Mississipi 2025/06/11 02:01 PM Alpek Polyester Mississipi created. View Main Message Alpek Polyester Mississipi, az fully owned subsidiary of Alpek Poyester Americas, has been created. #alpek #polyester #americas #dak #ississipi #baystlouis #dak
News	Kokel, Nicolas Alpek PET Americas 2025/06/11 02:01 PM Description of Alpek Polyester Americas updated. View Main Message The description of Alpek Polyester Americas (formerly DAK Americas) has been updated, and PET manufacturing facilities added.. #alpek #polyester #americas #dak #mississipi #baystlouis #dak
News	Kokel, Nicolas SAR 2025/02/15 05:52 PM Senegal's SAR Refinery Processes First Sangomar Crude Oil Shipment View Main Message Dakar, Senegal - February 10, 2025 The Société Africaine de Raffinage (SAR), Senegal's leading oil refinery, has successfully received and begun processing its first shipment of crude oil from the Sangomar field. This milestone marks a significant step towards Senegal's energy independence, as the facility will now refine locally produced crude oil into essential petroleum products including gasoline, diesel, kerosene, and low sulfur fuel oil (LSFO). The operation commenced under the supervision of SAR's Loading Master, with the safe unloading of the inaugural vessel carrying Sangomar crude. This development comes after recent renovations that increased the refinery's capacity to 1.5 million tons per annum, enabling it to meet 70-75% of Senegal's domestic market needs. The facility, which has been operational since 1961, is jointly owned by several stakeholders, including Petrosen (46%), Locafrique (34%), Sahara Energy Resources (8.18%), TotalEnergies (6.82%), and ITOC (5%). SAR has announced plans for further expansion, targeting a capacity of 2.5 million tons per annum by 2028, which would fully satisfy Senegal's domestic demand of 1.6 million tons while supporting regional market growth. #societeafricainederaffinage #totalenergies #petrosen #senegal #dakkar #crudeoil #refining #sangomar
Operations	Kokel, Nicolas Dakar Refinery 2025/02/15 05:04 PM Refinery created and mass balance initialized. View Main Message SAR Refinery in Dakar has been created and its mass balance initialized. #societeafricainederaffinage #sar #dakar #senegal
News	Kokel, Nicolas SAR 2025/02/15 04:43 PM Société Africaine de Raffinage added. View Main Message Société Africaine de Raffinage (SAR) in Sénégal has been added added. #senegal #dakar #sar #societeafricainederaffinage #refinery