Alpek Sab De Cv Ord

You are connected to ALPEC's webcast presentation. I will now turn this call over to Mr. Alejandro Elizondo. You may begin.

Thank you, Laura. Good morning, and welcome to ALPEC's fourth quarter 2020 earnings webcast. I'm Alejandro Elizondo, ALPEC's investor relations officer, and I have the pleasure of being joined by our CEO, Pepe Valdez, and our CFO, Jose Carlos Pons. Please turn to slide two. This presentation is divided into two parts. First, Mr. Valdez and Mr. Ponce will provide commentary on Alphex's fourth quarter 2020 performance and outlook for 2021. Afterwards, we will move on to the Q&A session. Please note that information discussed today may include forward-looking statements regarding the company's future financial performance and prospects, which are subject to risks and uncertainty. Actual results may differ materially, and the company cautions the market not to unduly rely on these forward-looking statements. Thank you, Alejandro. Good morning, everyone, and thank you for joining us today. I hope you are all staying healthy and well.

Turning to slide three, I would like to start by highlighting the main topics for today's call. First, the company continues to successfully navigate challenges of the COVID-19 pandemic, experiencing record demand across its public portfolio. Also, Altec has surpassed financial performance expectations during 2020. Jose Carlos will review this in greater detail. We will also discuss these strategic initiatives that have enhanced our ARPEC capabilities and further solidified our market position. As many of you know, ARPEC has played greater emphasis on furthering and properly communicating its ESG initiatives, and we want to share our results for this year. Finally, we will elaborate on the 2021 guidance which we released this morning. On slide four, we will discuss APEX performance amid the continuing COVID-19 pandemic. Before going into specifics, I would like to express our deep sense of gratitude for the effort our employees displayed during an unprecedented year such as this one. beginning in early 2020, Altec quickly adopted updated technologies and critical safety measures to enable employees to continue working efficiently, both from their homes and at our facilities. Through these successful measures, but more importantly, because of the collective effort, we have emerged from 2020 as a stronger company, achieving the highest annual volume in our history. APEC has continued to experience strong demand across its entire portfolio during the fourth quarter, operating near capacity in all its PET and EPS business lines. In addition to the strong PET demand stemming from favorable changes in food and beverage packaging during this quarter, we also saw a rise in the use of EPS for packaging in e-commerce as well as in the newfound application of EPS in the transportation of COVID-19 tests and vaccines. The reason is its unmatched thermal insulation and shock absorption properties, as well as the fact that it is incredibly light. We believe some of the strengths will have a lasting effect on nowhere demand in the years to come. Thank you for your attention. At this point, I will turn the call over to Jose Carlos, who will go into more detail regarding our financial results.