Corporate Presentation

4Q16

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.

16.9

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) 2016

(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$ 4.8 Billion

EBITDA1 US$ 669 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(4,960 kta)

BP

Eastman

Indorama

NanYa

M&G

Indorama

41% 42%

PET(4,443 kta)

North America

2016 Installed Capacity

9

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

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

4. Propylene Spheres (2) 20 10 2017

5. EPS Expansion Altamira 30 10 2017

6. Altamira Cogeneration 350 90 2018

Total ~ $1 B2 ~$260

US $817 M invested up to Dec-16

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 700 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

PP

Margin

Non

operating

items

EBITDA

2016

EBITDA

2017G

4

EPS

Margin

Comparable

EBITDA

2016

8

Inventory

gain

Polyester Others

17

26

18

111111

20172016201420132012 2015

Agerage Margin:

Polypropylene to Propylene (PGP)(c/lb)

18

23

2830

26

20

15

11

1Q15 4Q163Q162Q161Q164Q152Q15 3Q15

Alpek: EBITDAM dls

Index

• Business Overview

• Consolidated Financials

• Appendix

Sales Volume and Revenues

78%

22%

3,931

2016

3,874

78%

2015

24%

76%

22%

2014

3,938

2013

77%

3,937

23%

0%

Sales Volume Revenues

-8%24%

29%

4,838

2016

6,471

2013 2015

76%

73%

27%

2014

73%

27%

7,028

5,284

71%

(Kta

)

(US

$ M

illi

on

)

Polyester Plastics & Chemicals

Source: Alpek estimates 18

Income Statement Accounts

532

481

286

228

2016

+11%

201520142013 (1)

Operating Income EBITDA

Financial Cost, Net (2) Majority Net Income

Source: Alpek estimates

(1) Includes US$173 million asset impairment charge from Cape Fear plant closure

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

133

116111

91

+15%

201520142013 2016

198

175

65

21

+13%

2016201520142013

(US

$ M

illio

n)

(US

$ M

illio

n)

(US

$ M

illio

n)

(US

$ M

illio

n)

11.0%9.1%3.2% 4.4%% Sales % Sales

4.1%3.3%0.3% 1.0%% Sales

669630

434

572

20152013 2016 2014

+6%

13.8%11.9%8.1% 6.7%

19

Balance Sheet Accounts

632685

915

694

2013 20162014 2015

+10%

Net Working Capital(1) Property, Plant and Equipment

Net Debt(3) Stockholders’ Equity

Source: Alpek estimates

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

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

1,9701,8201,8611,889

2015 201620142013

+8%

1,042

722715766

2015

+44%

20162013 2014

2,0192,0052,0282,071

+1%

20162014 20152013

(US

$ M

illio

n)

(US

$ M

illio

n)

(US

$ M

illio

n)

(US

$ M

illio

n)

534549 47NWC Days

20

Financial Ratios and Other Indicators

Interest Coverage(1)Net Debt / EBITDA

CAPEX

Source: Alpek estimates

(1) Interest coverage= EBITDA / Net financial expenses

10.510.7

6.5

2014

7.1

2013 2015 2016

1.6

1.1

1.6

1.3

2013 2014 2015 2016

345317320

179

20142013 2015 2016

(Tim

es

)

(Tim

es

)

(US

$ M

illio

n)

170160

110

148

2013 2014 20162015

EBITDA / Ton

(US

$ / T

on

)

21

Alpek Consolidated Debt Profile

December 2016

● Gross Debt: U.S. $1.184 billion● Net Debt: U.S. $1,042 million ● 99% of our debt is denominated in US dollars(1)

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

300

650

127

72

135142

19Cash 1817 2220 21 23

22

Index

• Business Overview

• Consolidated Financials

• Appendix

Operating & Financial Highlights (4Q16)

Alpek

• 4Q16 Consolidated EBITDA of U.S. $133 million, including a U.S. $16 million non-cash inventory

gain

• 2016 Consolidated EBITDA of U.S. $669 million, including a U.S. $24 million non-cash inventory

gain and U.S. $8 million non-operating gains

• Solid balance sheet: 1.6x Net Debt / LTM EBITDA and 10.5x Interest Coverage

Polyester

• 4Q16 EBITDA of U.S. $82 million, including a U.S. $16 million non-cash inventory gain

• 2016 EBITDA of U.S. $349 million, including a U.S. $12 million non-cash inventory gain and a

U.S. $6 million insurance claim cash gain

• 4Q16 results negatively impacted by Hurricane Matthew force majeure and the integration of

Selenis Canada Inc.

Plastics &

Chemicals

(P&C)

• 4Q16 EBITDA of U.S. $52 million and U.S. $322 million in 2016. Full-year EBITDA includes a

U.S. $12 million non-cash inventory gain and a U.S. $2 million non-operating gain

• Polypropylene margins decreased as expected vs. 3Q16, and remain above historical levels

• Record 2016 EBITDA in polypropylene and expandable polystyrene businesses

24

Latest Quarter Results

Source: Alpek

(1) Times: Last 12 months.

Alpek: Selected Financial Information

25

(%) 4Q16 vs.

4Q16 3Q16 4Q15 3Q16 4Q15 2016 2015 Ch.%

Total Volume (ktons) 970 998 967 (3) - 3,938 3,937 -

Polyester 749 757 733 (1) 2 3,004 3,015 -

Plastics & Chemicals 221 241 235 (8) (6) 934 922 1

Consolidated Revenues 1,183 1,236 1,219 (4) (3) 4,838 5,284 (8)Polyester 851 885 884 (4) (4) 3,444 3,840 (10)

Plastics & Chemicals 332 351 335 (5) (1) 1,394 1,444 (3)

Consolidated EBITDA 133 157 143 (15) (7) 669 630 6Polyester 82 83 70 (1) 17 349 344 2

Plastics & Chemicals 52 73 72 (28) (28) 322 284 14

Profit Attributable to Controlling Interest 28 50 29 (45) (4) 198 175 13

CAPEX and Acquisitions 75 128 168 (41) (55) 345 317 9

Net Debt 1,042 915 722 14 44

Net Debt/LTM EBITDA(1) 1.6 1.3 1.1

Interest Coverage(1) 10.5 10.8 10.7

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)

9679801,000989 970998981988

3Q 4Q2Q1Q

143156

195

137 133

157

208

171

4Q2Q1Q 3Q

1,2191,3461,3981,321

1,1831,2361,2371,182

4Q1Q 3Q2Q

29

38

83

25 28

5048

72

2Q 3Q1Q 4Q

1.8% -8.2%

0.6% 29.6%

Ch.% Ch.%

Ch.% Ch.%

0.3% -2.9%

-6.8% -4.2%

-0.1% -10.5%

25.5% 189.9%

(US

$ M

illio

n)

-1.9% -11.5%

6.7% -42.1%

262015 2016

Latest Quarter Results

Source: Alpek

Alpek: Net Income

Alpek: Cash Flow

27

(%) 4Q16 vs.

4Q16 3Q16 4Q15 3Q16 4Q15 2016 2015 Ch.%

EBITDA 133 157 143 (15) (7) 669 630 6

Net Working Capital & Others (84) 37 12 (328) (806) (183) 5 (3,931)

Capital Expenditures & Acq. (75) (128) (168) 41 55 (345) (317) (9)

Financial Expenses (16) (18) (17) 11 2 (58) (75) 23

Income tax (22) (23) (14) 2 (62) (164) (54) (201)

Dividends (20) - (10) (100) (102) (225) (160) (41)

Payment affiliated companies 8 (4) - 297 4,292 68 (2) 3,596

Other Sources / Uses (50) (25) (13) (104) (298) (83) (34) (141)

Decrease (Increase) in Net Debt (127) (4) (66) (2,767) (93) (320) (7) (4,380)

(%) 4Q16 vs.

4Q16 3Q16 4Q15 3Q16 4Q15 2016 2015 Ch.%

Consolidated Net Income 33 65 43 (49) (24) 272 233 17

Non-Controlling Interest 5 15 14 (65) (63) 75 58 28

Controlling Interest 28 50 29 (45) (4) 198 175 13

Earnings per Share (U.S. Dollars) 0.01 0.02 0.01 (45) (4) 0.09 0.08 13

Avg. Outstanding Shares (Millions)* 2,117 2,118 2,118 2,117 2,118

Comparable EBITDA

28

Reported EBITDA 2014 2015 2016 2017G

Polyester 270 344 349 304

Plastics & Chemicals 159 284 322 198

TOTAL 434 630 669 502

Comparable EBITDA 2014 2015 2016 2017G

Polyester 341 378 331 304

Plastics & Chemicals 159 273 308 198

TOTAL 505 654 637 502

Adjustments* 2014 2015 2016 2017G

Polyester 71 35 (18) -

Plastics & Chemicals - (11) (14) -

TOTAL 71 24 (32) -

*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.29

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 2016

US$ 3,444 Million

Revenues 2016

US$ 349 Million

General Information

Source: Alpek30

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 2016

US$ 1,394 Million

Revenues 2016

US$ 322 Million

Source: Alpek

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

31

Concon, Chile

EPS

Alpek is managed by an experienced team focused

on delivering value to shareholders

Source: Alpek

Po

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s&

Ch

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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

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rP

las

tic

s&

Ch

em

ica

ls

32

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

33

Polypropylene Chain

Source: Alpek

Propylene

Refinery

Cracker

Polypropylene

34

Gasoline

Reformer Benzene

Refinery

Crude Oil

EPS

EPS & CPL Chain

Source: Alpek

Ethylene

Styrene

Cyclohexane Caprolactam

(CPL)

Cracker

Ammonia

35

+ +

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

36

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)

37

Selenis/ Concon

Acquisition

Organic growth and acquisitions position Alpek as

a leading PTA and PET producer in North America

2004(5,500 Kta)

2016(4,960 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%

38

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

39

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

40

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

41

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

42

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.)

43

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

44

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

45

Alpek has effectively transformed its EPS business

46

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

47

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.

48

• 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

49

• Rates applicable for a minimum period of five years.

• Trade orders could be renewed in five-year increments

871920

838882

948

1,168

9701,014

1,6411,6351,708

926

4Q’162011 1Q’162Q’15 4Q’15 3Q’162Q’163Q’151Q’1520132012 2014

Px USA Contract Price

(US

$ / To

n)

Paraxylene (Px) Price

50

205202215

200208210217213

235236246

394377

2014 4Q3Q 4Q 1Q 2Q2Q1Q2013201220112010 3Q

Margin: China PET to Px/MEG

(US

$ / To

n)

PET Margin (Asia)

2015 2016

51

Alpek stock highlights (BMV: ALPEK)

Valuation 4Q13 4Q14 4Q15 4Q16 2017G

Market Cap. (U.S.$ B) 4.600 3.372 3.068 2.999 2,117

Net Debt (U.S.$ M) 766 715 722 1,042 1,020

EBITDA LTM (U.S.$ M) 572 434 630 669 502

Enterprise Value / EBITDA 9.8 10.0 6.4 6.4 6.7

Price / Earnings 24.4 32.5 13.1 11.0 N/A

Price per Share (MXN) 28.29 22.03 24.26 28.1 21.5

Exchange Rate (MXN/USD) 13.03 13.84 16.75 19.83 21.50

6

5

4

3

2

1

0

1

2

5

4

3

0

DecNovOctJul AugJunMayApr SepDec FebJan Mar Jan

Daily Average Traded Shares & Value

2016

Daily Stock Price

(Pe

so

s)

36

26

28

22

20

30

24

32

34

Aug DecOctJunAprFebDec

2016

Performance ALPEK IPC DJI

December 2016 -12.5% 0.7% 3.3%

YTD (Dec-16) 2.4% 6.2% 13.4%

LTM (Dec-16) 2.4% 6.2% 13.4%

Shares

Value

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

52

2017