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Industry Center - Synthetics
Industry Center > Synthetics > Solvay SA Company Profile
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Solvay SA Company Profile
Through subsidiaries and affiliated companies in about 50 countries, the Belgium-based Solvay operates, for the time being, in three sectors: plastics, chemicals, and pharmaceuticals. Its plastics compounds include vinyl and polyethylene products; it also processes plastics into pipe, waterproofing foils, and fuel and air intake systems for automobiles. The chemicals sector makes hydrogen peroxide and soda ash (used to make glass). And Solvay's pharmaceuticals include cardiological drugs, gastrointestinal enzymes, and antidepressants. However, it agreed to sell that last unit to Abbott Labs in 2009 for about E5.2 billion ($7.6 billion US). Belgian holding company Solvac owns more than 30% of Solvay.
Headlines for Solvay SA
Abbott Buys Unit of Solvay for $7 Billion Cash
at SmartMoney.com - Mon Sep 28
Fluorspar: The Cool Mineral
at Seeking Alpha - Wed Sep 9
[external] Akzo Nobel In The Red
at Forbes.com - Thu Apr 23
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Contact Information
Address: Rue du Prince Albert, 33
B-1050 Brussels, Belgium
Phone:+32-2-509-61-11
Fax:+32-2-509-66-17
Financial Highlights
Fiscal Year End:December
Revenue (2008):13376.20 M
Revenue Growth (1 yr):(-5.10%)
Employees (2007):28,340
Employee Growth (1 yr):(-3.10%)
Key People
Chairman: Aloïs Michielsen
CEO and Director: Christian Jourquin
CFO and Director: Bernard de Laguiche
Industry Information
Sector: Basic Materials
Industry: Synthetics
Top Competitors
Arkema
Novartis AG (nvs)
PolyOne Corporation (pol)
 


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