Last €128.05 EUR
Change Today +0.15 / 0.12%
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As of 6:42 AM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).

solvay sa (SOLB) Snapshot

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07/22/14 - €129.15
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01/28/14 - €100.15
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solvay sa (SOLB) Details

Solvay SA is engaged in the chemical and plastic businesses worldwide. It operates in five segments: Advanced Formulations, Advanced Materials, Performance Chemicals, Functional Polymers, and Corporate & Business Services. The company offers chemical products, including advanced materials, barium strontium, calcium chloride, caustic soda, chlorinated products, fluor, peroxygen products, polyglycerols, precipitated calcium carbonate, soda ash, and sodium bicarbonate. It also provides specialty polymers, such as Spire ultra polymers, Solviva biomaterials, sulfone polymers, high-performance polyamides, liquid crystal polymers, high-barrier polymers, specialties, fluorinated fluids, fluoroelastomers/perfluoroelastomers, partially-fluorinated polymers, fluoropolymer coatings, fully-fluorinate polymers, polymer processing aids, and cross-linkable compounds; and vinyls comprising Benvic plasticized PVC compounds, Benvic PVC alloys, Benvic rigid PVC compounds, Nidacell, SolVin copolymers, SolVin general purpose, SolVin specialties, and Vinyloop regenerated PVC. In addition, the company offers additives, diphenols and derivatives, engineering plastics, fluorinated compounds, intermediates, phosphorus derivatives, polyamide fibers, precipitated silica, rare earths, mixed oxides, aluminas, solvents, specialty polymers and monomers, sulfuric acid, surfactants, textile yarns, staple fiber, and industrial yarns. Further, it provides energy services comprising energy optimization and carbon dioxide emissions reduction services; and eco services, such as acetate tow and sulfuric acid regeneration services. The company’s products are used in consumer goods and healthcare; automotive and aeronautics; building and construction; electrical and electronics; agro, feed, and food; energy and environment; and industrial applications. Solvay SA was founded in 1863 and is based in Brussels, Belgium.

29,400 Employees
Last Reported Date: 05/6/14
Founded in 1863

solvay sa (SOLB) Top Compensated Officers

Chief Executive Officer, Director, Member of ...
Total Annual Compensation: €2.1M
Compensation as of Fiscal Year 2013.

solvay sa (SOLB) Key Developments

Solvay and Shanghai 3F New Material Announces Joint Commercial Operations 3F Solvay

Solvay and Shanghai 3F New Material expect commercial operations at their new joint fluoromonomer polymers production plant in Jiangsu province within the third quarter. Construction of the plant, which will produce high performance polymers, has been completed. The capacity of the plant and details on investments were not disclosed. The two companies signed an agreement on July 10, to form their joint venture firm called 3F Solvay (Changshu) High Performance Polymers, which will operate the plant. Solvay will a hold a 10% stake in the joint venture.

Solvay SA Presents at Barclays Care Chemicals Conference, Jul-08-2014

Solvay SA Presents at Barclays Care Chemicals Conference, Jul-08-2014 . Speakers: Emmanuel Butstraen, President, Novecare.

INEOS ChlorVinyls and Solvay Sign Definitive Joint Venture Agreement to Create Leading PVC Producer INOVYN

INEOS ChlorVinyls and Solvay have announced the signing of a definitive Joint Venture agreement covering their European chlorvinyls activities. The Joint Venture - to be known as INOVYN TM. Formation of the Joint Venture is subject to implementation of an agreed remedy package consisting of the divestment of INEOS-owned assets in Tessenderlo (Belgium), Mazingarbe (France), Beek (The Netherlands), Wilhelmshaven (Germany) and Runcorn (UK). Solvay will now receive an up-front payment of €175 million at closing and in addition to transferring their chlorvinyls assets into the Joint Venture, will also transfer €250 million of liabilities principally in respect of pensions and environmental liabilities. Solvay will exit INOVYN TM after three years, leaving INEOS in sole control, when Solvay will receive additional cash proceeds targeted at €250 million (with a minimum payment of €75 million). This amount will be adjusted depending on the financial performance of INOVYN TM during the three year Joint Venture period.


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