Orbia detailed its acquisition of Vectus Industries Limited’s majority stake in India in its Construction and Infrastructure segment and through its Wavin subsidiary. In February 2022, Orbia acquired a majority stake (67%) in Vectus, a private manufacturer of plumbing and drainage pipes and a market leader in water
Cemex reported that the volume of its cement sales in the United States increased 9% in the first quarter of 2022 at a year-on-year rate. But in Mexico this same indicator contracted 8% year on year. In Mexico, measured in value, net sales increased 5% during the first
The Full Truck Alliance (FTA) company operated the world’s largest digital cargo platform by gross transaction value (GTV) in 2021, according to the CIC Report. Overall, the company has transformed China‘s trucking industry by pioneering a digital, standardized and intelligent logistics infrastructure across the value chain. The FTA
Coca-Cola FEMSA paid on average 14% more in 2021 for its sugar and PET resin acquisitions compared to 2020. The prices of certain raw materials, including those used in the bottling of its products, primarily PET resin, finished plastic bottles, aluminum cans, high fructose corn syrup (HFCS), and
The luxury goods market will register a compound annual growth rate of between 6 and 8% from 2021 to 2025, according to forecasts by Bain & Company. With the exception of 2020, the global market for this segment has shown continued average growth. Demand in the personal luxury
China remains the world’s leading source of piracy and counterfeit products, the United States Trade Representative (USTR) concluded. This assessment was included in the USTR’s 2022 Special 301 Report on the State of Intellectual Property (IP) Protections. For example, a recent report identified China and Hong Kong as