SABI Magazine 2019 October-November | Page 14

Business Mexichem becomes Orbia… Changes at Netafim holding company N etafim is a well-known player in South African as well as international agricultural, landscape and related markets. The firm recently announced some important changes are afoot, saying “it has been almost two years since Netafim and Mexichem partnered for success. Mexichem completed its acquisition of an 80% stake in Netafim in February 2018.” Following an extensive journey to rebrand and look at the challenges in the world that need solving, Mexichem, from September 2019, has a new stated mission “to advance life around the world” and will be known globally as Orbia. Following the announcement, Daniel Martinez-Valle was asked what his central message to customers is. He highlighted that nothing will change in the day to day operations in the different business groups. “In the same breath, a lot will change as we set out to become much more customer-centric. We want to come closer to the customer.” Netafim’s leadership reiterated this message. “We would like to clarify that Netafim’s brand, purpose, and values will remain the same, only now they are strongly connected to Orbia’s new brand and values. There will be no change in day to day operations. We are excited to continue to drive Orbia and Netafim’s purpose in the SADC region,” said Etienne Erasmus, MD of Netafim South Africa. Following the acquisition in 2018, Netafim continued its pros- perous path as the world leader in precision irrigation solutions. On 5 September 2019, the next phase was entered when Daniel Martinez-Valle, CEO of the former Mexichem, announced Mexichem’s new brand, values, purpose and name. The global company will now be known as Orbia and will be driven by its chosen purpose to “advance life around the world”. 12 Why change? The change is prompted by the massive transformation and growth the company, founded in 1953, has undergone since its name change to Mexichem in 2005. “To become a future- fit, purpose driven company, we need to organise ourselves in a way that serves our customers best. Every single one of us has a role to play in addressing the global challenges we face— and they can only be tackled if we work together and shift our thinking from “me” to “we”,” Martinez-Valle said. “It took a lot of work and many conversations to understand how we are perceived as a company and how we can transform ourselves. It was a long journey to develop the concept of Orbia. Today, we are ready to launch, we are ready to be open to the world, we are ready to share our ambi- tion, we are ready to share how we will solve challenges and we are ready to work as a team.” Notably, as Orbia’s represen- tative in the agricultural industry, Netafim played an active and important role in this journey. The brand story In his announcement, Martinez- Valle, placed a lot of focus on the company’s long-term commit- SABI | OCTOBER/NOVEMBER 2019 ment to people, planet and profit and the force with which it wants to continue to impact the world. It is this global impact that birthed the name, Orbia. “Orb” is the Latin word for spherical globe. “Bia” is a word from Greek mythology for the personification of force. Orbia can be translated as “a force for the world.” The group says that: “Orbia’s new name and long-term business strategy position the company to respond to global opportunities to ensure food security, reduce water scarcity, reinvent the future of cities and homes, connect communities around the world to global data infrastructure, and expand access to health and wellness with advanced materials through inno- vation and customer-centricity, elevating the company’s ongoing commitment to improving quality of life for people and communi- ties around the world. Chemicals, mining, and manufacturing will continue to be important parts of Orbia’s overall business, but the name change reflects a broader, more inclusive expression of the company’s global impact.” Its five business groups are: Y Y Precision Agriculture Y Y Building & Infrastructure Y Y Fluor Y Y Data Communication Y Y Polymer Solutions Through these business groups, Orbia sets out to address certain complex global challenges. The questions Orbia wants to answer are: y y How do we feed the world sustainably? y y How can we better manage our water systems? y y How do we make cities more liveable, lovable, and resilient? y y How do we connect and empower communities with data? y y Can health and well-being be made more accessible? y y How do we push beyond sustainability to regeneration? Precision Agriculture - Netafim Orbia’s involvement in preci- sion agriculture is achieved by Netafim, the global leader in smart irrigation solutions. Netafim has 29 subsidiaries across the globe, one of which is Netafim South Africa, housed in Kraaifontein in the Western Cape. Through Netafim the challenges of feeding the world sustainably and better managing water systems are addressed. The goals set for this business group is to enable farmers to achieve higher and better-quality yields while using less water, fertil- iser, and other inputs. This goal is embodied by Netafim’s driving slogan: “Grow more with less.” The Orbia ImpactMark Orbia says it knows that its goals are fluid and want to share their progress as they strive towards aspired goals, expressed in the ImpactMark: ƒ ƒ Optimise investments ƒ ƒ Reduce greenhouse gas emission ƒ ƒ Evolve to an innovative solutions provider ƒ ƒ Reduce waste generated ƒ ƒ Upskill the workforce ƒ ƒ Women in management increase.