Solvay completes the sale of its polyolefin cross-linkable compounds business
June 08 2017 - 11:35AM
Brussels, June 8, 2017 --- Solvay
has finalized the divestment of its polyolefin cross-linkable
compounds business in Italy to family-owned group Finproject
SpA.
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Solvay is a multi-specialty
chemical company, committed to developing chemistry that addresses
key societal challenges. Solvay innovates and partners with
customers in diverse global end markets. Its products and solutions
are used in planes, cars, smart and medical devices, batteries, in
mineral and oil extraction, among many other applications promoting
sustainability. Its lightweighting materials enhance cleaner
mobility, its formulations optimize the use of resources and its
performance chemicals improve air and water quality. Solvay is
headquartered in Brussels with around 27,000 employees in 58
countries. Net sales were € 10.9 billion in 2016, with
90% from activities where Solvay ranks among the world's top 3
leaders. Solvay SA (SOLB.BE) is listed on Euronext Brussels
and Paris (Bloomberg: SOLB.BB - Reuters: SOLB.BR)
and in the United States its shares (SOLVY) are traded through a
level-1 ADR program. |
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Source: Solvay S.A. via Globenewswire
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