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Stock impact report

Orbia and Microsoft Launch First Water Replenishment Project in Brazil

ORBIA ADVANCE DE UNSP/ADR (MXCHY) 
NASDAQ:AMEX Investor Relations: mexichem.com/investors
Company Research Source: Business Wire
BOSTON--(BUSINESS WIRE)--The Orbia Advance Corporation S.A.B. de C.V. (BMV: ORBIA) Building & Infrastructure business Wavin announced its agreement with Microsoft to tackle water stress and promote water resilience worldwide. Orbia will support Microsoft in making progress against its target to replenish more than it consumes by 2030 via various water positive projects using Orbia Building & Infrastructure (Wavin) solutions for cities and urban environments.The first project as part of this agreement has been initiated with SANASA, a public water supply and sanitation company in Campinas, São Paulo, Brazil. The Campinas region has gone through seven droughts in the last decade, and is located in the watershed of the rivers Piracicaba, Capivari and Jundiaí (PCJ watershed). As the PCJ river basin supplies more than 70% of the region’s water, most notably supporting São Paulo, the project enables Orbia, Microsoft and SANASA to work together to reduce water losses effectively.The SANA Show less Read more
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