Orbia Advance (OTCMKTS:MXCHY) Corporation, S.A.B. de C.V., formerly known as Mexichem, is a Mexico-based company that develops and manufactures products and solutions for agriculture, building and infrastructure, data communications, polymers and fluorinated products. The company serves customers through a portfolio of specialized businesses with applications across industrial, residential, commercial and agricultural markets.
Orbia’s Precision Agriculture business operates under the Netafim brand and provides drip irrigation and water-management systems. Its Building and Infrastructure business, associated with the Wavin brand, offers plastic piping, drainage, water-management and climate-control solutions. The company’s Data Communications business, known as Dura-Line, produces high-density polyethylene conduit and related products used to protect telecommunications and utility cables.
Orbia’s other operations include Polymer Solutions, which produces chlor-alkali and vinyl products used in construction, infrastructure and industrial applications, and Fluorinated Solutions, which operates under the Koura brand and supplies fluorochemicals, refrigerants and related materials. The company sells its products internationally and has operations and customers across multiple regions, including the Americas, Europe, Asia and the Middle East.
Founded in Mexico and formerly focused primarily on chemical products, Orbia has expanded through acquisitions and business development into a broader provider of solutions for water conservation, food production, infrastructure, connectivity and specialty materials. The company is headquartered in Mexico City.
