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Mexichem SAB de CV (MEXCHEM.MX)

MEXCHEM.MX on Mexico Stock Exchange

52.49MXN
12 Nov 2018
Change (% chg)

$-1.62 (-2.99%)
Prev Close
$54.11
Open
$53.84
Day's High
$55.00
Day's Low
$52.28
Volume
2,071,807
Avg. Vol
3,198,139
52-wk High
$67.79
52-wk Low
$47.03

Latest Key Developments (Source: Significant Developments)

Mexichem's Brazilian Unit And CADE Reach Agreement
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Mexichem Sab De Cv ::MEXICHEM’S SUBSIDIARY IN BRAZIL AND CADE (BRAZILIAN ANTITRUST AUTHORITY) REACH AN AGREEMENT.MEXICHEM SAB DE CV - UNIT REACHED A CEASE & DESIST AGREEMENT WITH ADMINISTRATIVE COUNCIL OF ECONOMIC DEFENSE IN BRAZIL.MEXICHEM - ‍ BY MEANS OF AGREEMENT, UNIT COMMITTED TO PAY PECUNIARY CONTRIBUTION OF R$95.1 MILLION WITHIN 240 DAYS AFTER AGREEMENT PUBLISHED.MEXICHEM - ‍CADE ALSO IMPOSED PECUNIARY CONTRIBUTIONS TO FORMER EMPLOYEES WHO WERE PART OF COMPANY DURING INVESTIGATED PERIOD​.  Full Article

Mexichem Said It ‍signed Credit Facility With BBVA-Bancomer OF UP TO $200 mln
Thursday, 21 Dec 2017 

Dec 20 (Reuters) - Mexichem Sab De Cv ::MEXICHEM ANNOUNCES IT HAS SIGNED A CREDIT FACILITY AGREEMENT.‍SIGNED A CREDIT FACILITY WITH BBVA-BANCOMER OF UP TO $200 MILLION DOLLARS​.  Full Article

‍Mexichem ‍revenues increases 8% to $1.5 billion​
Thursday, 26 Oct 2017 

Oct 25 (Reuters) - Mexichem SAB De Cv :‍Mexichem reports Q3 2017 results​.Mexichem SAB de Cv qtrly ‍revenues increased 8% to $1.5 billion​.  Full Article

Mexichem provides update on Hurricane Harvey business impact
Wednesday, 4 Oct 2017 

Oct 3 (Reuters) - Mexichem SAB De CV :Mexichem provides update on Hurricane Harvey business impact.Mexichem SAB De CV - Hurricane Harvey's impact on Mexichem's Vinyl and Fluor business groups has not affected its EBITDA guidance for full year 2017.Mexichem SAB De CV - Mexichem's main supplier of vinyl chloride monomer (VCM) stated that they resumed plant operations on September 15, 2017.Mexichem SAB De CV - co is able to reaffirm its EBITDA guidance range for 2017 of 15%-25% growth compared to EBITDA of US$884 million reported for FY16.  Full Article

Mexichem says‍ believes effect of Hurricane Harvey will be temporary and not significant
Friday, 1 Sep 2017 

Sept 1 (Reuters) - Mexichem Sab De Cv :Says co's vinyl's business units, fluor's business subsidiaries have declared force majeure condition due to impact of hurricane harvey​.Says‍ believes that effect of Hurricane Harvey will be temporary and not significant to its business​.Says operations will be revamped no later than end of september​.  Full Article

Mexico's Mexichem reports higher 3rd-qtr profit

MEXICO CITY, Oct 24 Mexican plastic pipe and chemicals company Mexichem on Wednesday reported a 35.6 percent rise in third-quarter profit compared to the year-earlier quarter.