Minerales y Productos Derivados, S.A. acquired an additional unknown stake in Mexichem SAB de CV (BMV:MEXCHEM *).
March 25, 2014 at 09:30 am IST
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Minerales y Productos Derivados, S.A. (BDM:MYD) acquired an additional unknown stake in Mexichem SAB de CV (BMV:MEXCHEM *) in 2013.
Minerales y Productos Derivados, S.A. (BDM:MYD) completed the acquisition of an additional unknown stake in Mexichem SAB de CV (BMV:MEXCHEM *) in 2013.
Orbia Advance Corporation SAB de CV, formerly Mexichem SAB de CV, is a Mexico-based company engaged in the industrial sector. The Companyâs activities are divided into five business groups: Precision Agriculture, Building & Infrastructure, Fluor, Data Communication and Polymer Solutions. The Precision Agriculture business includes Netafim brand, which develops irrigation systems and related services, as well as offers technology for farming digitalization. The Building & Infrastructure business offers pipes for multiple building applications through Wavin brand. The Fluor business operates Koura brand, which manufactures fluorine-based materials used in such industries as healthcare, construction and transportation. The Data Communication business is responsible for production and installation of communication and power cables through Dura-Line brand. The Polymer Solutions business includes vestolit and alphagary brand names, which provides plastic resins and other compounds.