Mexico's Alpek is the petrochemicals unit of Mexican conglomerate Alfa.
Petrobras' subsidiary PetroquimicaSuape in the state of Pernambuco had revenues of 1 billion reais ($304 million) in 2015 and posted a net loss of 65 million reais. Citepe, also in the Pernambuco, had revenues of 633 million reais and posted a loss of 817 million reais in 2015.
Petrobras has been trying to speed up a plan to divest $14.4