Monterrey, Mexico. July 19, 2016 – Alpek, S.A.B. de C.V. announced today that it is increasing 2016 Consolidated EBITDA Guidance to around U.S. $700 million, based on better than expected year-to-date results and an updated outlook for the remainder of the year. The revised 2016 Consolidated EBITDA Guidance considers a higher average Brent crude oil reference price of U.S. $45 per barrel (vs. U.S. $38) and includes U.S. $11 million year-to-date inventory and non-operating gains.
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