| Orbia Advance Corporation, S.A.B. de C.V. | |
| Type: | Sociedad Anónima Bursátil de Capital Variable |
| Key People: | Juan Pablo del Valle Perochena (chairman) Sameer Bharadwaj (CEO) |
| Industry: | Utilities |
| Products: | Utilities |
| Brands: | Netafim, Wavin, Koura, Dura-Line, Vestolit, Alphagary, Amanco, PAVCO, Plastigama, Klea, Zephex |
| Revenue: | US$ 6.4 billion (2020) |
| Net Income: | US$ EBITDA 1.7 billion (2020) |
| Num Employees: | 22,000(2019) |
| Location: | Av.Paseo de la Reforma, Col. Cuauhtémoc, Mexico City, Mexico |
Orbia (previously Mexichem) is a company providing specialty products and methodologies in the agriculture, building and infrastructure, fluorinated solutions, polymer solutions, and data communications sectors. It was founded in 1953 and has headquarters in Mexico City.
In 1953 – Cables Mexicanos S.A. was founded by a group of Mexican and American investors, to sell high-carbon steel wire ropes in Mexico. In the 60s Cables Mexicanos S.A. changed its name to Aceros Camesa. In 1978 – A control company was created "Grupo Industrial Camesa". It became a publicly-held company, listed on Mexican Stock Exchange. 1997 – Grupo Empresarial Privado Mexicano (GEPM), a company held by the del Valle Family, acquired Grupo Industrial Camesa.[1]
Mexichem was rebranded in 2019 as Orbia,[5] from the Latin word for a sphere and Bia, an ancient Greek personification of the concept of "force."[6]