- Business
- QB Industrias SAB de CV is a Mexico-based holding company engaged in the manufacture, distribution, and sale of chemical compounds, primarily natural and synthetic resins; its core products include urea formaldehyde resins, liquid and solid phenolic resins, polyvinyl acetate resins, alkyd resins, polyvinyl acetate-based adhesives, coated sand, shrink films such as polyvinyl chloride and linear low density polyethylene, caseins, proteins, and formaldehyde. These products serve applications in plastic packaging materials, reconstituted wood, refractory bricks, furniture, specialized paper, paints, abrasives, foundry operations, and flexible packaging for foods. The company operates principally in the domestic Mexican market from its headquarters at Bosques de Ciruelos 304-9, Bosques de las Lomas, Mexico City, with additional facilities in the Federal District and approximately 217 employees. Founded in 1957 as Casco Química de México and listed on the Mexican Stock Exchange since 1979, it evolved through mergers including with Industrias Químicas Formes in 1956, nationalization and renaming to Química Borden in 1979, acquisition by Grupo Xabre in 1981, and rebranding to QB Industrias in 1992 following a 40% stake in Borden Inc. Both Series A and B shares remain suspended from trading since November 15, 1999, with ongoing non-compliance in maintaining at least 100 investors and 12% of paid-in capital publicly placed as noted in 2025 regulatory reviews.