Germany / Belgium – Solvay is expanding its composite materials capacities with a state-of-the-art resin facility and an upgraded site in Germany, to meet growing demand from aircraft customers for lightweighting materials and to provide first-rate products and services for parts like engine fan blades.Read More →
Solvay and Boeing Extend Advanced Light Weighting Materials Supply Contract for Large Passenger Aircraft.
Brussels, Belgium – Solvay and The Boeing Company announce that they have extended their contract through 2020 for the supply of high – performance,Read More →
Solvay Finalizes Financing of Cytec Acquisition With 100% Subscription of Its Rights Issue Further to Completion of Scrips Placement.
Brussels, Belgium – Solvay announced it has finalized the financing of its acquisition of U.S.-based Cytec. This acquisition will significantly boost Solvay’s portfolio of advanced materials with lightweighting solutions for the aerospace and automotive industries, and will furthermore strengthen its formulationsRead More →
Brussels, Belgium – Solvay has successfully completed the acquisition of Cytec and will immediately begin the integration of Cytec’s businesses to deliver cost synergies and capture significant business opportunities in advanced lightweighting materials for the aerospace and automotive industries and in specialty chemicals for mining. “Cytec represents a decisive milestone in Solvay’s transformationRead More →
Switzerland / Belgium – Solvay subsidiary Advanced Biochemical Thailand Co., Ltd. (ABT) has received certification from the Roundtable on Sustainable Biomaterials (RSB) for the production of Epicerol®, a bio-based building block for renewable chemicals and resins. The certificate covers the manufacture of bio-based epichlorohydrin (ECH), using Solvay’s innovative technology, from vegetable glycerol derivedRead More →
Brussels, Belgium – Solvay announced the launch of a rights issue of € 1.5 billion to complete the financing of the intended acquisition of U.S.-based Cytec, which is expected to close on December 9, 2015. The acquisition will significantly boost Solvay’s portfolio of advanced materials with lightweighting solutions for the aerospace and automotive industries,Read More →
Solvay Successfully Launches Euro-Denominated Senior and Hybrid Bond Issues of € 2.25 Billion and € 1.0 Billion Respectively.
Brussels, Belgium – Solvay announced that it has successfully launched a euro-denominated senior bond issue worth € 2.25 bn and a euro-denominated hybrid bond issue worth € 1.0 bn,Read More →
Brussels, Belgium – The shareholders of Cytec Industries Inc. voted on a resolution to approve the proposed acquisition by Solvay. The resolution received the support of 99.3% of the votes cast. Solvay announced the proposed acquisition of Cytec for US$ 75.25 per share in cash on July 29. Solvay shareholders voted at an Extraordinary Meeting on NovemberRead More →
Solvay Commits to Reducing the CO2 Intensity of Its Activities by 40% through to 2025 & Sets an Internal Carbon Price.
Brussels, Belgium – Solvay reinforces its commitment to sustainable chemistry, bringing solutions to the planet’s challenges, with new ambitions that anchor the variety of its sustainable development aspects in its growth strategy. “At Solvay we are driven by trust in progress, promoting science and the on-going concern for responsibility.Read More →
Solvay’s Virantage® PESU Tougheners Help Hankuk Carbon Company Expand Use of Composites in Automotive Applications.
Texas, United States – Solvay Specialty Polymers, a leading global supplier of high-performance polymers, announced at the 2015 Composites and Advanced Materials Expo (CAMX) that Hankuk Carbon Co., a pioneering composites manufacturer based in South Korea,Read More →