Mexichem

Mexichem, S.A.B. de C.V.
Sociedad Anónima Bursátil de Capital Variable
Traded as BMV: MEXCHEM
Industry Chemical & petrochemical
Founded 1953 (1953)
Headquarters Tlalnepantla, State of Mexico, Mexico
Key people
 Juan Pablo del Valle Perochena (chairman)
Daniel Martinez-Valle (CEO)
Products Chemicals
Brands Mexichem, Amanco, Duraline, PAVCO, Wavin, Colpozos, Klea, Hep2O, Netafim
Revenue Increase US$ 5.8 billion (2017)
Increase US$ EBITDA 1.1 billion (2017)
Number of employees
 +18,803 (2016)
Website www.mexichem.com

Mexichem is a Mexican producer of plastic pipes, and is the third largest chemical and petrochemical company in Latin America after Brazilian Braskem and its rival Alpek. It was founded in 1953. The company delivers an extended portfolio of products used in high growth sectors such as infrastructure, housing, telecommunications, drinking and potable water in Mexico, the USA, Europe, Asia, Africa (South Africa), Middle East (Oman), and Latin America. The Company has been traded on the Mexican Securities Exchange for more than 30 years. Headquarters are located in Tlalnepantla, Mexico.[1]

History

On August 7, 2017, Mexichem SA announced it would acquire the Israeli irrigation company Netafim from Permira Holdings Ltd. for $1.5 billion.[2][3]

References

  1. ↑ "Mexichem SAB de CV". Bloomberg Week. Retrieved 18 July 2013.
  2. ↑ Lombardo, Cara; Harrup, Anthony (August 7, 2017). "Mexichem to Buy Netafim from Permira Funds". The Wall Street Journal. New York City, New York, United States. Retrieved August 10, 2017.
  3. ↑ Reed, John (August 7, 2017). "Mexichem to buy Israeli irrigation specialist Netafim". Financial Times. United Kingdom. Retrieved August 10, 2017.
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