Orbia, a United Nations (UN) Global Compact company committed to developing sustainable solutions, its Building and Infrastructure business Wavin and its Precision Agriculture business Netafim were accredited delegates to the UN 2023 Water Conference hosted in New York City from March 22-24, 2023. Company leaders steered events, panels and contributed to discussions around uniting the world for water: a theme of relevance with today’s compounding access issues.

Orbia’s Building and Infrastructure business Wavin, a global water technology leader, is an accredited delegate to the United Nations (UN) 2023 Water Conference kicking off today. Co-hosted by the governments of the Netherlands and Tajikistan, the conference’s purpose is to accelerate universal access to clean drinking water and safe sanitation, including the goals contained in the 2030 Agenda for Sustainable Development.

Netafim, an Orbia business and a global leader in precision agriculture solutions, announced today the opening of its first manufacturing plant in North Africa to enhance the successful implementation of precision irrigation in Morocco and strengthen the country’s agricultural sector. Investment in this plant illustrates the company’s long-standing commitment to helping countries in the region achieve food security and combat climate change.

Orbia today announced that through its corporate venture capital fund Orbia Ventures, it joined a $3.5m investment round in Chloris Geospatial. The round also includes AXA IM Alts, At One Ventures, and Counteract. Chloris is a leading technology company that blends cutting-edge remote-sensing, machine-learning and ecological science to measure natural capital from space.

North American lithium-ion battery supply chain boosted through localization of lithium hexafluorophosphate (LiPF6) production.

Orbia is proud to announce that the Science Based Targets initiative (SBTi), a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), has approved its near-term scope 1, 2 and 3 emissions reduction targets as being in conformance with the latest SBTi Criteria and Recommendations (version 5) for climate actions to mitigate the impacts of global warming.

Last week, the results of the annual S&P Dow Jones Sustainability Indices assessments (“S&P DJSI”) were announced. For the fourth year in a row, Orbia was listed on the DJSI MILA Pacific Alliance Index, with a year-over-year score increase of 6%.

Orbia’s Building and Infrastructure business Wavin is launching a bio-based drinking water solutions portfolio to offer water utilities and infrastructure contractors a next-generation sustainable product range. The first biobased product portfolio will be available in the Netherlands from December 12 onward.

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.