Orbia’s planned investments for 2025, of about $400 million, will be primarily allocated to ensuring the safety and integrity of operations.
The company also continues to invest in certain strategic growth projects.
Orbia’s investments
With revenues registering a year-on-year decline of 8.5% in 2024 to US$7.506 billion, Orbia is a global Mexican conglomerate specializing in sustainable solutions for infrastructure, agriculture, chemicals and materials technologies.
The company focuses on innovation and the circular economy.
Below you can follow the course that Orbia’s investments have taken, in millions of dollars:
- 2016: 508.
- 2017: 283.
- 2018: 1,777.
- 2019: 274.
- 2020: 218.
- 2021: 343.
- 2022: 762.
- 2023: 696.
- 2024: 477.
- 2025 (*): 400.
If Orbia’s estimate (*) is considered, its cumulative investments over the last decade total US$5,738 million.
The investment for 2024 includes both maintenance expenditures and funds to support the company’s growth initiatives.
In its Fluor & Energy Materials division, Orbia expects the fluorine value chain markets to remain strong. Demand will be steady, and prices will remain stable. In addition, the company believes that strict cost control measures will continue to support margins. according to its plans, growth investments will be focused on new initiatives, such as next-generation refrigerants, medical propellants and battery materials.
On June 30, 2024, Orbia completed the divestiture of the Vectus Tanks & Households products business, as well as Sunrise & Gangotri. In this transaction, Orbia acquired the remaining 33% of the shares of Vectus Pipes and Fittings. This transaction resulted in a net cash outflow of US$12 million. In addition, the put option on Vectus was extinguished and removed from the balance sheet.
Acquisitions
In the last 10 years, Orbia (formerly Mexichem) made several key acquisitions. Among them is Netafim, which leads in irrigation solutions globally. It also purchased Wavin, a company dedicated to piping solutions and plumbing systems for construction and water management.
In addition, Orbia acquired Ciclo, a company focused on the revaluation and recycling of plastics, and purchased Vestolit, which produces PVC resins. Finally, it incorporated Dura-Line, a company specializing in plastic piping solutions for telecommunications, energy and construction.
Orbia posted net income of US$145 million in 2024, a year-on-year increase of 123 percent.
This company’s share price fell 52.7% in the last 12 months.