Free Cash Flow Increase
Free cash flow in the quarter of $142 million increased by $115 million year-over-year, driven by higher operating cash flow and lower capital expenditures.
Cost Reduction Program
Orbia is implementing a $250 million per year cost reduction program with incremental $165 million per year in savings by 2027.
New Manufacturing Site in Indonesia
Orbia opened a new building and infrastructure manufacturing site in Indonesia, advancing its strategic objective to expand in high-growth areas.
Precision Agriculture EBITDA Growth
Third quarter EBITDA for Precision Agriculture was $24 million, an increase of 28% year-over-year with an EBITDA margin of 10%.
Fluor and Energy Materials Revenue Growth
Third quarter revenue for Fluor and Energy Materials was $221 million, an increase of 18% year-over-year due to volume growth in Minerals.