Pedro Tineu's questions to IOCJY leadership • Q1 2025
Question
Inquired about the price negotiation dynamics with OEMs in Europe, especially concerning pass-throughs amid volume reductions, and asked for more clarity on CapEx plans for 2026 and beyond.
Answer
The company has mature processes for raw material price adjustments and has successfully negotiated other inflationary costs with customers, leveraging over 100 years of experience. For CapEx post-2025, after the major projects end, there will be some catch-up spending in other plants, followed by a focus on smaller, high-return projects in promising regions like India, Turkey, and Brazil.