Solvay is increasing its manufacturing capacity for European natural vanillin by 60 metric tons thereby furthering its commitment to meet long term growth expectations associated with natural food and beverage ingredients.
Solvay and Camino Real Capital Partners, joined existing investors Phoenix Venture Partners and Burwell Investments, in a $3 million financing round for Automatic Materials Inc. (AMI), the world leader in self-healing technology for high-performance coatings, adhesives and sealants.
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 November 15, 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 33.71% of the existing voting rights.
According to the Belgian transparency legislation in force (Law of May 2, 2007), BlackRock Inc. (55 East 52nd Street, New York, NY, 10055, U.S.A.) has notified Solvay SA that on November 8, 2017, the number of direct voting rights held by BlackRock Inc. crossed the 3% statutory threshold upward, totalling 3.35%.
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Solvay has expanded its Sustainable Guar Initiative with Henkel joining as a new partner to help more than double the number of Indian farmers involved in this project to 6,500 by 2020.
Solvay has agreed to sell its U.S. facility in Charleston, South Carolina, and the phosphorus derivatives-based products made at the plant to German specialty chemicals company Lanxess. Employees at the site will also be transferred.
Solvay Performance Polyamides, a world leader in polyamide-based performance materials, announces a price increase across Asia of US$300 per metric ton for the entire Technyl® range of products, effective immediately.
Solvay, an international materials and chemicals company, and Strata, an advanced composite aerostructures manufacturing facility, have formalized their Joint Venture (JV) to supply Boeing with advanced composite materials from a high-tech facility to be built in Al Ain. Following the signature of the JV agreement, the parties will seek anti-trust approvals.
Solvay, a leading global supplier of specialty polymers, announced that medical device-maker DiFusion Technologies chose Zeniva® ZA-500 polyetheretherketone (PEEK) as the base polymer for its ZFUZE osteoconductive PEEK composite for spinal implants.