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Solvay SA (SOLB.BR)

SOLB.BR on Brussels Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Solvay To Raise Hydroquinone Capacity In Europe By 20 Pct
Tuesday, 26 Mar 2019 

March 26 (Reuters) - SOLVAY ::SOLVAY TO RAISE HYDROQUINONE CAPACITY IN EUROPE BY 20%.THE PROJECT SHOULD BE FULLY OPERATIONAL IN Q2-2019.THIS CAPACITY EXPANSION IS AT ITS PLANT IN SAINT-FONS, FRANCE.  Full Article

Solvay Q4 Underlying Ebitda Of 506 Million Euros, Up 2.5 Pct
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - SOLVAY ::DIVIDEND RECOMMENDED EUR 3.75.FY UNDERLYING EBITDA EUR 2,230 MILLION +0% ; +5.3% ORGANICALLY.FY EBITDA MARGIN SUSTAINED AT 22%.EXPECTS 2019 EBITDA TO GROW MODESTLY AND TO BE BACK-ENDED, WITH ORGANIC GROWTH IN Q1 BROADLY FLAT, RELATIVE TO STRONG 2018 PERFORMANCE.WILL CONTINUE TO FOCUS ON COST DISCIPLINE AND ON DELEVERAGING BALANCE SHEET WITH CONTINUED SOLID OPERATIONAL FREE CASH FLOW DELIVERY.Q4 UNDERLYING EBITDA EUR 506 MILLION +2.5% ; +3.6% ORGANICALLY.Q4 SALES GREW ORGANICALLY BY +4.3% DRIVEN MAINLY BY PRICING.FY FREE CASH FLOW FROM CONTINUING OPERATIONS EUR 830 MILLION VERSUS EUR 782 MILLION IN 2017.  Full Article

Solvay To Lift PVDF Capacity In Europe By 35%
Monday, 24 Sep 2018 

Sept 24 (Reuters) - SOLVAY ::SOLVAY TO LIFT PVDF CAPACITY IN EUROPE BY 35% ADDRESSING BOOMING DEMAND GROWTH FOR ELECTRIC VEHICLE BATTERIES.THE NEW CAPACITY, FROM INVESTING IN NEW ASSETS, SHOULD BE OPERATIONAL BY END OF 2019.  Full Article

Solvay And Bell Sign Supply Agreement For Rotorcraft Programs
Monday, 10 Sep 2018 

Sept 10 (Reuters) - SOLVAY ::SOLVAY AND BELL SIGN SUPPLY AGREEMENT FOR ROTORCRAFT PROGRAMS.SAYS SOLVAY WILL SUPPLY BELL WITH A PORTFOLIO OF STRUCTURAL COMPOSITES AND ADHESIVES INCLUDING CYCOM® 5320-1, CYCOM® 5250-4, CYCOM® 5276-1, AND FM® 300.SIGNS 10-YEAR SUPPLY AGREEMENT.  Full Article

Solvay And RUAG Sign New Supply Agreement
Thursday, 31 May 2018 

May 31 (Reuters) - SOLVAY ::SOLVAY AND RUAG SIGN NEW SUPPLY AGREEMENT FOR NEXT-GENERATION LAUNCHER PROGRAMS.WILL SUPPLY MTM 46 COMPOSITE PRODUCTS FOR RUAG.  Full Article

Solvay Specialty Polymers To Sell Its Porto Marghera Plant In Italy
Thursday, 15 Mar 2018 

March 15 (Reuters) - SOLVAY ::SOLVAY SPECIALTY POLYMERS TO SELL ITS PORTO MARGHERA PLANT IN ITALY.SALE EXPECTED TO CLOSE IN H1 2018 AND IT IS SUBJECT TO CUSTOMARY CLOSING CONDITIONS.  Full Article

Nexeo Solutions Plans To Expand Business Relationship With Solvay
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Nexeo Solutions Inc ::NEXEO SOLUTIONS - WILL EXPAND BUSINESS RELATIONSHIP WITH SOLVAY TO DISTRIBUTE HOME CARE SURFACTANT & POLYMER PRODUCTS INTO NORTH AMERICAN MARKET.  Full Article

Solvac FY Net Income Up At 328 Million Euros
Thursday, 1 Mar 2018 

March 1 (Reuters) - SOLVAC SA ::FY NET INCOME EUR 328 MILLION VERSUS EUR 190.0 MILLION YEAR AGO‍​.FY OPERATING LOSS EUR 1.2 MILLION VERSUS EUR 1.5 MILLION YEAR AGO‍​.2017 GROSS DIVIDEND PER SHARE EUR 5.02 VERSUS EUR 4.80 YEAR AGO‍​.‍TO PAY ON MAY 23, 2018 BALANCE DUE ON DIVIDEND FOR 2017, WHICH COMES TO EUR 2.22 GROSS PER SHARE​.  Full Article

Solvay Q4 Underlying EBITDA Up 2.8% To €494 Million
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Solvay ::Q4 UNDERLYING EBITDA GREW 2.8% TO €494 MILLION..FULL YEAR DIVIDEND RECOMMENDATION OF €3.60 PER SHARE, 4.3% UP.Q4 NET SALES TOTALED €2.5 BILLION, UP 2% VERSUS THE FOURTH QUARTER OF 2016.FREE CASH FLOW FOR THE FULL YEAR WAS €871 MILLION.EXPECTS FULL YEAR 2018 UNDERLYING EBITDA TO GROW 5% TO 7% ORGANICALLY..2018 FREE CASH FLOW FROM CONTINUING OPERATIONS IS EXPECTED TO EXCEED THE 2017 LEVEL OF €782 MILLION..2018, UNDERLYING EBITDA TO BE IMPACTED BY FOREX CONVERSION IMPACTS OF LOSS AROUND EUR 125 MILLION.2018, UNDERLYING EBITDA TO BE IMPACTED BY SCOPE EFFECTS OF SMALL REALIZED DIVESTMENTS OF SOME €(30) MILLION.  Full Article

Solvay Accelerates Succession Plan For Its CEO Jean-Pierre Clamadieu
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - Solvay ::REG-SOLVAY ACCELERATES SUCCESSION PLAN FOR ITS CEO JEAN-PIERRE CLAMADIEU.‍INFORMED OF ENGIE'S DECISION TO PROPOSE JEAN-PIERRE CLAMADIEU AS ITS CHAIRMAN​.‍JEAN-PIERRE CLAMADIEU WILL REMAIN CHIEF EXECUTIVE OFFICER OF SOLVAY​.BOTH INTERNAL AND EXTERNAL CANDIDATES TO BE CONSIDERED DURING SUCCESSION PROCESS WITH OBJECTIVE TO CONCLUDE TRANSITION BY END OF YEAR.  Full Article

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BASF wins EU's conditional approval for purchase of Solvay's nylon business

BRUSSELS/FRANKFURT The European Commission said on Friday it had approved the acquisition by German chemical company BASF of the nylon business of Belgian rival Solvay subject to conditions.