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Orbia Announces Conference Call for Its Second Quarter 2021 Earnings Results apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
Author: Adam Yanelli
2021/04/29 HOUSTON (ICIS) Mexican polyvinyl chloride (PVC) producer Orbia said on Thursday it expects PVC demand to remain strong for the rest of the year even as tight global supply should begin to stabilise in Q2. The comments came during a conference call to discuss the company’s first quarter earnings. CEO Sameer Bharadwaj said Q1 earnings, which more than doubled year on year, were driven by PVC pricing at historically high levels and improved margins amid tight global supply. “Even after the PVC supply disruption goes away, we believe that prices will likely stay at a comparatively higher level until more