Solvay restates financial information following discontinuation of polyamide and updates 2017 guidance

Solvay publishes today restated consolidated financial information for 2015, 2016 and the first half of 2017, reflecting the reclassification in discontinued operations of the polyamide activities to be sold to BASF. The planned divestment, with an enterprise value of €1.6 billion, is aimed to close in the third quarter of 2018, after completion of consultation with the relevant social bodies, and subject to certain conditions including customary regulatory approvals.


According to the Belgian transparency legislation in force (Law of May 2, 2007), SOLVAC SA, located at Rue des Champs Elysées 43 – 1050 Brussels – Belgium, has notified Solvay SA that On august 29, SSOM crossed upwards the statutory declaration threshold of 3% of the existing voting rights emitted by Solvay SA, whereby the combined holding by Solvac and SSOM reached 33.72% of the existing voting rights.


Solvay partners with the World Alliance for Efficient Solutions

Solvay is joining the World Alliance for Efficient Solutions, created by Solar Impulse founder Bertrand Piccard, to promote efficient technologies, processes and systems that help improve the quality of life on earth. The Alliance members consist of start-ups, companies, institutions and organizations.