Solvay SA - Company Profile
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Solvay SA (Solvay) is a chemical manufacturing company. It manufactures and distributes specialty polymers, essential chemicals, and chemical materials among others. It serves customers operating in aeronautics & automotive, natural resources & environment, electrical & electronics, agro-chemical, food, consumer goods, building & construction, healthcare, industrial applications, and other sectors. the company uses special chemicals made with eco-friendly materials to enhance product quality and performance. 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.
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Products and Services
Products | Brands |
---|---|
Antioxidants and Stabilizers | ACCO-PHOS |
Organic and Synthetic Amines | ABEX |
Barium and Strontium Derivatives | ACORGA |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In November, the company and Orbia’s Fluorinated Solutions business signed their joint venture agreement to create the largest polyvinylidene fluoride production facility for battery materials in North America. |
2023 | Contracts/Agreements | In July, the company signed a letter of intent with Azelis to distribute Solvay’s sustainable blowing agent Alve-One in the EMEA region. |
2023 | Corporate Changes/Expansions | In May, the company opened another application development lab in Shanghai, China. |
Competitor Comparison
Key Parameters | Solvay SA | Mitsubishi Chemical Group Corp | Sumitomo Chemical Co Ltd | Evonik Industries AG | EIDP Inc |
---|---|---|---|---|---|
Headquarters | Belgium | Japan | Japan | Germany | United States of America |
City | Bruxelles | Chiyoda-Ku | Chuo-Ku | Essen | Wilmington |
State/Province | Bruxelles-Capitale | Tokyo | Tokyo | Baden-Wurttemberg | Delaware |
No. of Employees | 22,000 | 68,639 | 33,572 | 33,409 | 21,000 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Pierre Gurdjian | Chairman | Executive Board | 2023 | 62 |
Philippe Kehren | Director; Chief Executive Officer | Executive Board | 2023 | - |
Alexandre Blum | Chief Financial Officer | Senior Management | 2023 | - |
Marc Chollet | Chief Strategy Officer | Senior Management | - | 59 |
Augusto Di Donfrancesco | Chief Operating Officer; Chief Transformation Officer; Member - Executive Board | Senior Management | 2018 | 64 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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