Solvay Group

Solvay announced it is reviewing plans to separate the company into two independent publicly traded companies: EssentialCo would comprise leading mono-technology businesses including soda ash, peroxides, silica and coatis, which are reported as the company’s chemicals segment, as well as the special chem business; these...

Solvay announced today that Carmelo Lo Faro, previously president of Solvay's composite materials business unit, is promoted to a new role as president of Solvay's materials segment, effective immediately. The materials segment includes both the specialty polymers and composite materials businesses and has been identified as the primary...

Solvay announced that it will devote a portion of the cash generated this year  - up to 16 million euros - to provide a special reward to all non-executive employees worldwide in recognition for their efforts throughout the Covid-19 pandemic. This special bonus comes on top of the group’s yearly bonuses and will be paid out before the year ends...