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Solvay SA: Overview

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Solvay SA (Solvay) is a chemical manufacturing company. It manufactures of specialty polymers, essential chemicals and silica among others. It serves customers operating in aeronautics & automotive, resources & environment, electrical & electronics, agro, food, consumer goods, building & construction, healthcare, industrial applications and other sectors. Its lightweight materials promote cleaner mobility, its formulations optimize the use of resources and its performance chemicals improve air and water quality. It innovates and partners with customers worldwide in many diverse end markets. The company has research & innovation centers and industrial sites in Europe, North America, Latin America and Asia. Solvay is headquartered in Brussels, Belgium.

Headquarters Belgium

Address Rue De Ransbeek 310, Bruxelles, 1120


No of Employees 23,000

Industry Chemicals

Ticker Symbol & Exchange SOLB (EBR)
Revenue (2020) $11.1B -11.9% (2020 vs 2019)

EPS XXX

Net Income (2020) XXX -923.1% (2020 vs 2019)

Market Cap* $13.1B

Net Profit Margin (2020) XXX -1,034.0% (2020 vs 2019)

* As of and is in US$

Products and Services

Products Brands
Antioxidants and Stabilizers ACCO-PHOS
Amines ABEX
Barium and Strontium Derivatives ACORGA
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2021 New Products/Services In September, the company launches new Ajedium, sheets porfolio for for additive manufacturing.
2021 Contracts/Agreements In July, the company entered into a joint operation agreement with Veolia to set up demo plant for recycling battery metals.
2021 Acquisitions/Mergers/Takeovers In July, the company completed the acquisition of coatings business from Bayer, a pharmaceutics company.
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Competitor Comparison

Key Parameters Solvay SA Mitsubishi Chemical Holdings Corp Sumitomo Chemical Co Ltd Evonik Industries AG Akzo Nobel NV
Headquarters Belgium Japan Japan Germany Netherlands
City Bruxelles Chiyoda-Ku Chuo-Ku Essen Amsterdam
State/Province - Tokyo Tokyo - -
No. of Employees 23,000 69,607 34,743 32,661 32,800
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Nicolas Boel Chairman Executive Board 2012 59
Ilham Kadri Chairwoman; Director; Chief Executive Officer Executive Board 2019 52
Karim Hajjar Chief Financial Officer Senior Management 2013 58
Herve Tiberghien Chief People Officer Senior Management 2019 57
Augusto Di Donfrancesco Member - Executive Board Senior Management 2018 62
Non Dignissim Eros Proin vel Convallis 2021 XX
Non Dignissim Eros Proin vel Convallis 2021 XX
Non Dignissim Eros Proin vel Convallis 2021 XX
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