Alpek's Integrex® technology licensed to Indorama Holdings Rotterdam

Monterrey, Mexico. October 30, 2012 – Alpek, S.A.B. de C.V. (“Alpek”), through its subsidiary Grupo Petrotemex, S.A. de C.V. (“GPT”), and Indorama Holdings Rotterdam B.V. (“IRH Rotterdam”) have entered into an Integrex® technology licensing agreement. The agreement enables IRH Rotterdam to use Alpek’s Integrex® technology for the expansion of its PTA plant in Rotterdam, The Netherlands. Upon completion, the plant’s new capacity is expected to be 600 Ktons per year. Terms and conditions of the agreement were not disclosed.

Jose de Jesus Valdez, Alpek’s CEO stated: “This agreement is important as it marks the first issuance of an Integrex® license since we acquired it in February 2011. We are convinced that the benefits of Integrex® are unparalleled when compared to other PTA-PET manufacturing technologies. We are very pleased that IRH Rotterdam, a world-class leader in our industry will be using our technology.”

Mr. Aloke Lohia, Group CEO of Indorama Ventures, the parent company of IRH Rotterdam, said, “As the world’s largest polyester value chain producer, Indorama Ventures is pleased that IRH Rotterdam has played a key role in successfully serving our European customers since 2008. Integrex® is an acknowledged technology and I am confident that this license agreement will support our ability to maintain our efficiency at very high levels for a long time to come.”

Alpek is the largest petrochemical company in Mexico and the second largest in Latin America. The company operates through two business segments: Polyester chain products (PTA, PET and polyester fibers), and Plastics and Chemicals products (PP, EPS, caprolactam, polyurethanes and other specialty and industrial chemicals). Alpek is a leading producer of PTA and PET worldwide, operates the largest expandable polystyrene plant in America and one of the largest polypropylene plants in North America. It is also the only producer of caprolactam in Mexico. In 2011, Alpek reported revenues of U.S.$ 7,298 million and EBITDA of U.S.$ 794 million. The company operates 20 plants in Mexico, USA and Argentina, and employs more than 4,500 people. Alpek shares are traded on the Mexican Stock Exchange.

Indorama Holdings Rotterdam is a subsidiary of Indorama Ventures, the world’s largest Polyester value chain producer by capacity with 39 production sites in 15 countries on four continents. Indorama Ventures is the largest PET producer in Europe and the second largest in North America. The company produces PET, Polyester and Wool fibers and yarns, PTA, Ethylene Oxide and Glycols. Indorama Holdings Rotterdam was acquired in 2008 and is integrated with Indorama Polymers Rotterdam’s PET manufacturing facility. Following an additional 187,000 tons of capacity addition to the site’s PET capacity in 2012, Indorama Holdings Rotterdam will add a further 250,000 tons of PTA capacity to ensure its customers in Europe are better served. Indorama Ventures is listed on the Stock Exchange of Thailand.