Solvay SA - Company Profile
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Business Description
Solvay SA (Solvay) is a chemical manufacturing company. It specializes in production of specialty polymers, specialty chemicals, silica, functional polymers and chlorovinyls among others. The company operates through three reportable business segments, Materials, Chemicals, and Solutions. Its Corporate & Business Services segment includes research & innovation and energy services.
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R&D Overview
Solvay’s research and development (R&D) efforts focus on in clean mobility and resource efficiency to create options for future growth. The company has 12 R&D centers across the world including five in Europe, three in North America, three in Asia and Rest of the world, and one in Latin America. In addition to its facilities, the company also operates joint laboratories with multiple establishments, including the French National Center for Scientific Research (CNRS), University of Bordeaux, ENS Lyon, ECNU Shanghai, University of Fudan and University of Lille. Solvay also has multiple ventures based on its innovation-backed products, which include climate research with athletes, elimination of fluorosurfactants, biosurfactants for beauty and healthcare products and novel plastic solutions. As of FY2022, the company spent EUR96 million in R&D, which as a percentage of sales, stood at 0.59% and declined 4% YoY.
Business Segments
Overview
Includes soda ash & derivatives, peroxides, coatis, and silica business units. It serves building and construction, consumer goods and food industries. Soda ash & derivatives manufactures and markets soda ash and sodium bicarbonate to flat and container glass industries as well as for detergents, feed and food industries. Peroxides offers hydrogen peroxide (H2O2) primarily to the paper industry to bleach pulp. It also serves to chemicals, food and textile applications. Coatis manufactures glycerin-based sustainable solvents and specialty phenols mainly for the Latin American market. Its products are used in the production of synthetic resins for foundries, construction and abrasives. Silica provides highly dispersible silica primarily used for fuel-efficient and performance tire.
Performance
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Overview
Offers high-performance materials and sustainable mobility solutions for reducing weight and improving CO2 and energy efficiency. It serves primarily for automotive, aerospace, electronics and health markets. Includes specialty polymers, and composite materials business units. Specialty polymers provide over 1,500 products with widest range of high performance polymers. It has expertise in aromatic polymers, high barrier polymers and fluoropolymers, Products are used in in the electronics, automotive, aircraft, and healthcare industries. Composite materials offer optimal material solutions to reduce weight and improve aerodynamics of customers’ requirement in civil and military aircraft manufacturers.
Performance
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Overview
Includes Novecare, Technology Solutions, Aroma, Oil and Gas and Special Chem business unit. Novecare develops and produces formulations that changes the properties of liquids. It offers solutions to agro, home and personal care, industrial markets and coatings industries. Technology Solutions offers specialty mining reagents, phosphine-based chemistry, and offers solutions for stabilization of polymers. Aroma Performance produces vanillin for the flavors & fragrances industries and also produces synthetic intermediates which are used in pharmaceuticals, agrochemicals, and electronics. Special Chem offers fluorine and rare-earth formulations for automotive, semi-conductor, electronics, agrochemical and construction markets. Oil and Gas segment offers diverse solutions for upstream oilfield sector, metal plating and other applications.
Performance
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Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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