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Solvay S.A.
Solvay is a Belgian-French multinational chemical company established in 1863, with its headquarters located in Neder-Over-Heembeek, Brussels, Belgium. Since the end of 2023, following its demerger with the creation of the new Syensqo entity, Solvay has specialized in essential chemistry and employs over 9,000 people in 40 countries.
In 2023, Solvay reached €4,880 million in revenues and €1,246 million of underlying EBITDA.
Solvay is listed on Euronext Brussels.
Founded in 1863, by Ernest Solvay and his brother Alfred Solvay to produce sodium carbonate by the Solvay process, the company has diversified into two main sectors of activity: chemicals and plastics. Before World War I, Solvay was the largest multinational company in the world.[needs independent confirmation] It was formerly also active in pharmaceuticals, but agreed to sell that entire division to Abbott Labs for €4.5 billion in September 2009, a deal was completed in February 2010.
In April 2011, the firm agreed to the €3.4 billion acquisition of French-based chemicals company Rhodia which was completed in September 2011.
Since January 2012, the new Solvay has been listed on the NYSE Euronext in Paris and joined the CAC 40 index in September 2012. Solvay is historically listed on the NYSE Euronext in Brussels and part of BEL20 index.
The company is a supporter of the Solvay Conferences that were started by Ernest Solvay in 1911.
On December 3, 2015, Solvay launched a share issue sent to existing shareholders, completing funding for the $5.5 billion purchase of Cytec Industries Inc.
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Solvay S.A.
Solvay is a Belgian-French multinational chemical company established in 1863, with its headquarters located in Neder-Over-Heembeek, Brussels, Belgium. Since the end of 2023, following its demerger with the creation of the new Syensqo entity, Solvay has specialized in essential chemistry and employs over 9,000 people in 40 countries.
In 2023, Solvay reached €4,880 million in revenues and €1,246 million of underlying EBITDA.
Solvay is listed on Euronext Brussels.
Founded in 1863, by Ernest Solvay and his brother Alfred Solvay to produce sodium carbonate by the Solvay process, the company has diversified into two main sectors of activity: chemicals and plastics. Before World War I, Solvay was the largest multinational company in the world.[needs independent confirmation] It was formerly also active in pharmaceuticals, but agreed to sell that entire division to Abbott Labs for €4.5 billion in September 2009, a deal was completed in February 2010.
In April 2011, the firm agreed to the €3.4 billion acquisition of French-based chemicals company Rhodia which was completed in September 2011.
Since January 2012, the new Solvay has been listed on the NYSE Euronext in Paris and joined the CAC 40 index in September 2012. Solvay is historically listed on the NYSE Euronext in Brussels and part of BEL20 index.
The company is a supporter of the Solvay Conferences that were started by Ernest Solvay in 1911.
On December 3, 2015, Solvay launched a share issue sent to existing shareholders, completing funding for the $5.5 billion purchase of Cytec Industries Inc.