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Orbia Announces First Quarter 2025 Financial Results

Orbia Advance Corporation, today released unaudited results for the first quarter of 2025. Orbia delivered net revenues of $1.8 billion and reported EBITDA of $198 million for the first quarter of 2025. Adjusted EBITDA was $260 million when adding back legal and restructuring costs, and the impact of a raw material supply disruption.
26 days ago

Orbia Announces the Successful Closing of its Notes Offering in the Mexican Market

Mexico City, April 11, 2025 — Orbia Advance Corporation, S.A.B. de C.V. (“Orbia”) (BMV: ORBIA*), announces that today, it has successfully completed the third and fourth offerings of long-term notes (certificados bursátiles), which had an oversubscription of $1,785,000,000.00 pesos, resulting in a total amount of $6,225,000,000.00 pesos in the Mexican debt market.
One month ago

Orbia Announces Third Quarter 2024 Financial Results

Mexico City, October 23, 2024 – Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) (“the Company” or “Orbia”) today released unaudited results for third quarter of 2024. Orbia delivered EBITDA of $288 million for the third quarter of 2024. Weak market conditions persist and the Company remains cautious for the remainder of the year.
6 months ago

Orbia Announces Second Quarter 2024 Financial Results

Mexico City, July 24, 2024 – Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) (“the Company” or “Orbia”) today released unaudited results for second quarter of 2024. Orbia delivered revenues and EBITDA of $2.0 billion and $334 million, respectively, for the second quarter of 2024.
9 months ago

Orbia CFO Jim Kelly Featured in Forbes Mexico’s 2024 List of Top CFOs

Orbia’s Chief Financial Officer Jim Kelly was featured in Forbes Mexico’s 2024 list of the top 20 CFOs for the second consecutive year. The 2024 ranking featured executives who have demonstrated exceptional financial leadership through challenging times and generated value through digital transformation, talent management and business model optimization initiatives. Kelly ranked as #12 on the top 20 list.
10 months ago

Orbia Announces It Has Entered into a New Revolving Credit Facility

Mexico City, April 2, 2024 – Orbia Advance Corporation, S.A.B. de C.V. (“ORBIA”) (BMV: ORBIA*), informs that effective as of April 2, 2024, it entered into a new US$1.4 billion revolving credit facility, with a 5-year maturity and terms in line with its investment grade ratings, considering Standard & Poor’s Ratings ('BBB-', global scale, and 'mxAA/mxA-1+', national scale), Fitch Ratings ('BBB', global scale, and 'AAA ' national scale) and Moody's Ratings ('Baa3', global scale).
One year ago

Orbia and Solvay Finalize Joint Venture Agreement to Build PVDF Production Capacity in North America for Lithium-ion Batteries

Orbia’s Fluorinated Solutions business and Solvay have signed their joint venture agreement to create the largest polyvinylidene fluoride (PVDF) production facilities for battery materials in the North America region. This partnership brings security of supply with Inflation Reduction Act (IRA) compliant materials and leading-edge PVDF technology together for solutions that are critical to the North American electric vehicle (EV) transition.
One year ago