Higher PVC prices boosted Orbia’s revenue at a year-on-year rate of 18% in the first quarter of 2021, to $ 1.914 billion. In addition, while the profits of this company grew 125%, to 173 million dollars, its Ebitda climbed 46%, to 451 million dollars, in the same comparison.
The peso starts the session with a depreciation of 0.29% or 5.9 cents, trading around 19.97 pesos per dollar, with the exchange rate touching a minimum of 19.8695 and a maximum of 19.9769 pesos, in view of the expectation that the accelerated economic recovery may cause the Federal
Walmart de México y Centroamérica (Walmex) reported that it is building two distribution centers in Mexico. For the company, logistics is one of the key enablers of its strategy. Currently, Walmart de México is building two new distribution centers that will be ready to operate soon: one dedicated
China did not fully clarify its goal of dismantling 20,000 fishing vessels as part of its response to a request for information from the European Union in the framework of the World Trade Organization (WTO). According to the Thirteenth Five-Year Plan for national fisheries development, China would dismantle
The United States Department of Commerce determined anti-dumping duties on certain imports of aluminum foil. This is a preliminary determination in the anti-dumping duty investigation on aluminum foil from Armenia, Brazil, Oman, Russia and Turkey. On April 28, 2021, the Commerce Department announced its affirmative preliminary determinations in
The peso closed the session with an appreciation of 0.73% or 14.7 cents, trading around 19.91 pesos per dollar with the exchange rate touching a minimum of 19.8604 and a maximum of 20.0858 pesos. The appreciation of the peso was accentuated after 1:00 p.m., after the announcement of