Orbia Advance Corporation, S.A.B. de C.V. (“Orbia”) (BMV: ORBIA*), announces that it has successfully completed the first and second offering of short and long-term notes (certificados bursátiles), for a total amount of $10,000,000,000 pesos in the Mexican market, with a “sustainability-linked bond” feature. Such offerings were made under the revolving short and long-term shelf registration program implemented by Orbia and authorized by the National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores or CNBV) on November 16, 2022. The first issuance was for an amount of $2,340,000,000.00 (two thousand three hundred and forty million Pesos 00/100 M.N.), due on December 4, 2025, accruing interest at a variable rate of 28-day TIIE (interbank rate) + 40 basis points, and the second issuance was for an amount of $7,660,000,000.00 (seven thousand six hundred and sixty million Pesos 00/100 M.N.), due on November 25, 2032, accruing interest at a fixed annual rate of 10.63%.

Orbia’s Building and Infrastructure Business Wavin is transitioning to Environmental Product Declarations (EPDs) for its products in the European market. Based on third-party verified Life Cycle Assessments (LCAs), EPDs transparently map production processes to resource impacts. Offering details as to environmental impacts across the entire life cycle, EPDs enable building designers, planners, contractors and developers to choose more sustainable products and solutions.

Deepomatic has closed a $10.3 million Series B financing round, supported in part by Orbia via its corporate venture capital fund Orbia Ventures. This round of funding will propel the company's expansion in Europe, North America and Latin America and enable Deepomatic’s new customer acquisition in the energy and mobility sectors. Orbia is joined by the corporate investment fund of the German utility company EnBW New Ventures and existing investors Alven, Hi Inov-Dentressangle and Swisscom Ventures.

Netafim, an Orbia business and a global leader in precision agriculture solutions, today announced the first ever carbon credit program for drip-irrigated rice. The aim of this inaugural program is to dramatically reduce methane emissions from rice cultivation to almost zero, while providing additional long-term income to growers.

Joint venture will create the largest polyvinylidene fluoride (PVDF) capacity for battery materials in the region. The total investment is estimated at around 850 million USD, partially funded by a grant to Solvay from the U.S. Department of Energy, for a total of 178 million USD.

Netafim, an Orbia business and a global leader in precision agriculture solutions, today announced the opening of Mexico’s largest agricultural plastics recycling facility in Culiacán. The facility will operate with an initial processing capacity of over 3,000 tons of plastic per year.

Orbia’s Fluorinated Solutions business Koura, a global leader in the development, manufacturing and supply of fluoroproducts, today announced it has received a $100 million award from the Office of Manufacturing and Energy Supply Chains (MESC) within the U.S. Department of Energy (DOE). This award supports state-of-the-art lithium-ion battery manufacturing for supply chain security and competitiveness.

Orbia's Fluorinated Solutions business Koura has won the coveted award of Refrigeration Innovation of the Year at the 2022 Cooling Industry Awards with Koura Klea® 473A named the winning innovation from a shortlist of five, with judges praising the refrigerant's performance and sustainable industry applications. Koura Klea® 473A is designed to achieve high performance with a significantly lower global warming potential (GWP) than existing refrigerants in ultra-low temperature cooling applications. The award recognizes Orbia’s commitment to innovation, sustainability and the hard work of our team.

As the largest economy in Southeast Asia, Indonesia is home to a rapidly growing urban population that is navigating pressing challenges surrounding sanitation and water supply. As the country’s water resources and infrastructure have continued to be put under pressure during the pandemic, the Indonesian government has introduced initiatives such as The National Rural Water Supply and Sanitation Project (PAMSIMAS) to provide millions with water and sanitation facilities.

Orbia’s Connectivity Solutions business, Dura-Line, announced today that it has acquired Biarri Networks, a leading Denver-based technology provider that specializes in fiber optic network design solutions for the global telecommunications industry. The strategic investment in Biarri Networks’ software and services complements Dura-Line’s infrastructure expertise and supports Dura-Line in extending its end-to-end offerings.

Orbia’s internal innovation program, LaunchPad, invites Orbia employees to suggest value-generating ideas and receive development funding and support if approved. This year, the finalist teams unilaterally agreed to donate their funding allowance to support the people of Ukraine through the Red Cross in Germany with their donation matched by Orbia.

Wavin, a global solutions leader for the building and infrastructure industry and an Orbia business, announced today that it has acquired Bow Plumbing Group, a leading Montreal-based manufacturer of plastic pipes and fittings for the North American residential and commercial construction industry.

Reinforcing Orbia’s reputation as a company that provides excellent employment opportunities around the globe, Forbes has named Orbia one of the “World’s Best Employers of 2021”.