About Orbia Advance Corporation, S.A.B. de C.V.

Orbia Advance Corporation, S.A.B. de C.V. engages in the manufacture and sale of chemical and petrochemical products in Mexico, the United States, and Latin America. Products The company focuses on the chemical and petrochemical sectors based on three productive chains, including the chlorine-vinyl chain, the fluorite chain, and transformed products chain, which encompasses piping, compounds, and styrene products. Its products include chlorine, caustic soda, polyvinyl chloride resins, hydrofluoric acid, PVC components, and fluid conduction systems based on PVC. The company's products are used in the construction, housing, infrastructure, drinking water, and urban drainage sectors. Acquisitions In January 2008, the company acquired 70% interest in DVG Industria e Comercio de Plásticos Limitada, which engages in the production of stiff PVC pipes for drinking water and drainage purposes, geared to the housing, infrastructure, irrigation, and electricity markets. In February 2008, the company acquired Fluorita de Rio Verde, S.A. de C.V. in Mexico, which produces fluorite concentrate, which is basically used for self-supply at the Matamoros plant. In June 2008, the company acquired 100% of the shares of Quimir, S.A. de C.V., a chemical sector company specializing in the phosphates business. In June 2008, the company also acquired Dripsa, S.A., which manufactures piping for the agricultural sector in Argentina. The company also acquired companies, such as Geotextiles del Perú, located in Peru; Bidim Industria e Comercio de Nao-Tecidos LTDA in Brazil; and Colpozos, S.A. in Colombia. History The company was founded in 1953. It was formerly known as Mexichem, S.A.B. de C.V. and changed its name to Orbia Advance Corporation, S.A.B. de C.V. in 2019.

Country
Industry:
Plastics Materials, Synthetic Resins, and Nonvulcanizable Elastomers
Founded:
1953
IPO Date:
09/25/1997
ISIN Number:
I_MX01OR010004
Address:
Avenida Paseo de la Reforma 483, piso 47, Colonia Cuauhtémoc, Alcaldía Cuauhtémoc, Mexico City, Distrito Federal, 06500, Mexico
Phone Number
52 55 5366 4000

Key Executives

CEO:
Bharadwaj, Sameer
CFO
Kelly, James
COO:
Data Unavailable