Producer
Orbia (Mexichem Fluor / Klea natural refrigerants)
Mexican chemical conglomerate (BMV: ORBIA, HQ Mexico City); markets R600a as part of its Klea® natural refrigerants line. Orbia/Mexichem was historically the world's dominant HFC refrigerant supplier but has diversified into natural refrigerants including R600a (isobutane) and R290 (propane) as part of low-GWP product portfolio. Processes and distributes refrigerant-grade isobutane from NGL feedstock. Same Orbia that operates Las Cuevas mine (world's largest fluorspar mine in Mexico) — also a major refrigerant distributor for both HFCs and natural hydrocarbons.
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Goods downstream
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Fluorspar Mining (Las Cuevas)
15%Fluorine Products (Klea Brand)
20%Precision Agriculture (Netafim)
30%Building & Infrastructure (Vestolit/Dura-Line)
35%
Intelligence
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Did you know2023
Orbia simultaneously operates the world's largest fluorspar mine (Las Cuevas, for refrigerant and fluorochemical production), the world's largest drip irrigation company (Netafim, for agricultural water efficiency), and a major refrigerant distribution business (Klea natural and HFC/HFO refrigerants). A single Mexican conglomerate is simultaneously critical to the refrigerant supply chain (fluorspar to HF to HFC/HFO), the food production supply chain (drip irrigation for fruits and vegetables), and the building/infrastructure supply chain (PVC pipe). A Orbia corporate event -- Mexican political risk to the Las Cuevas mine concession, an Orbia financial distress event, or a hostile acquisition -- would simultaneously affect fluorspar supply for global refrigerant manufacturers, drip irrigation availability for global precision agriculture, and PVC pipe supply for building markets. No single industry procurement team monitors Orbia's aggregate cross-sector exposure.
Orbia Advance Corporation ↗Origin2023
Orbia (formerly Mexichem) is a Mexican industrial conglomerate whose origins trace to a 1953 Monterrey petrochemical company. The Gonzalez Guajardo family built Mexichem into Mexico's largest specialty chemicals company through aggressive acquisition across PVC, pipe, refrigerants, and fluorspar. The transformative acquisitions include: Vestolit (German PVC resin, 2007), Netafim (Israeli drip irrigation, 2017 for $1.9B), Dura-Line (US conduit and pipe), and control of Las Cuevas mine -- the world's largest fluorspar deposit in San Luis Potosi, Mexico. Orbia's rebrand from Mexichem in 2019 reflected a strategic shift to five distinct business segments: Fluor (fluorspar and fluorochemicals), Polymer Solutions (PVC and compounds), Precision Agriculture (Netafim), Building & Infrastructure (Dura-Line), and Connectivity Solutions (telecom conduit). A Mexican family conglomerate controls the world's largest fluorspar mine, the world's largest drip irrigation company, and a major refrigerant brand -- simultaneously positioned in mineral extraction, clean water agriculture, and low-GWP refrigerants.
Orbia Advance Corporation ↗