Net-zero chemicals industry initiative relaunches as the Global Impact Coalition

The CEO-led chemical industry initiative, incubated by the World Economic Forum, has been relaunched

05-Dec-2023 - To drive the global chemical industry on a path to net-zero emissions by 2050, the Low-Carbon Emitting Technologies (LCET) initiative, incubated and hosted by the World Economic Forum for more than three years, has now officially launched as the independent Global Impact Coalition. With a suite ...

Solvay Partners with French Start-Up Ostium in Single-Use Surgical Instruments Material Recycling

10-Nov-2022 - Solvay has teamed up with French start-up Ostium in a joint project designed to enable the mechanical recycling of end-of-life single-use surgical instruments molded in glass-fiber reinforced Ixef® polyarylamide (PARA) from Solvay’s portfolio of specialty polymers. The initiative is the first for ...

DOMO Chemicals signs agreement to acquire Solvay’s Performance Polyamides Business in Europe

16-Aug-2019 - DOMO Chemicals and Solvay have signed an agreement for DOMO to acquire Solvay’s Performance Polyamides Business in Europe. This includes Engineering Plastics operations in France and Poland; High Performance Fibers in France; Polymer and Intermediates operations in France, Spain & Poland. The ...

Solvay to raise hydroquinone capacity in Europe by 20%

28-Mar-2019 - Solvay is raising its European capacity of hydroquinone by 20%, enhancing the security of supply on three continents and to meet increasing demand for diphenol inhibitors used as additives by the monomer industry. This capacity expansion at its plant in Saint-Fons, France is accomplished by ...

BASF moves forward in acquisition of Solvay's polyamide business

BASF offered commitments to meet concerns of the EU Commission

17-Oct-2018 - In September 2017, BASF and Solvay agreed that BASF would acquire Solvay’s polyamide business subject to approval of the relevant merger control authorities. The approval process of the EU Commission is ongoing. To meet the concerns of the EU Commission, BASF has offered to refrain from acquiring ...

BASF to acquire Solvay’s global polyamide business

19-Sep-2017 - BASF and Solvay have signed an agreement related to the sale of Solvay’s integrated polyamide business to BASF. The purchase price on a cash and debt-free basis would be €1.6 billion. According to applicable laws, the intended transaction is subject to consultations with the relevant social ...

ALTANA acquires formulated resins business from Solvay

Will be incorporated into the ELANTAS Electrical Insulation division

04-Jan-2017 - The specialty chemicals group ALTANA has acquired the Formulated Resins business of Belgian chemical group Solvay. This business generated sales of approximately 20 million USD in 2015. With the acquisition, ALTANA takes over a research and production facility from Solvay with 53 employees in ...

Solvay projects 35 percent capacity increase of sulfone polymer production over the next five years

19-Oct-2016 - Solvay announced that it expects to increase global production capacity for its high-performance sulfone polymers by more than 35 percent over the next five years through significant investments and process optimizations at facilities in the U.S. and Asia. The company has already added more than ...

Solvay Successfully Concludes LIFE+ GLEE Project

Sustainable Alternative Technology for the Manufacturing of Li-ion Battery Materials

29-Jul-2016 - Solvay has announced the successful conclusion of the LIFE+ GLEE project, a highly focused sustainability program the aim of which was to replace organic solvents with water in the rechargeable lithium ion (Li-ion) battery manufacturing process. Because cathode materials are usually ...

Solvay starts up new fluoroelastomers plant in Changshu, China

29-Jul-2015 - Solvay has begun production at its new fluoroelastomers (FKM) plant in Changshu, China, as part of its ongoing strategic site expansion, to meet booming demand for its specialty polymers from Asia’s fast-growing automotive industry and multiple other high-end markets.As Solvay Specialty Polymers’ ...