Solvay has launched a cash tender offer to repurchase bonds on the following issuances
On September 12, SSOM crossed downwards the statutory declaration threshold of 3% of the existing voting rights emitted by Solvay SA, whereby the combined holding by Solvac and SSOM reached 33.70% of the existing voting rights.
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.
Solvay has entered into a binding agreement with German chemical company BASF for the sale of its Polyamides business, a crucial step in Solvay’s transformation towards a multi-specialty chemicals company.
Solvay has completed the divestment of its stake in Brazilian PVC compound processor Dacarto Benvic to its former joint venture partner.
1st sentence of your press release
Solvay will begin producing high-performance polyetherketoneketone (PEKK) polymers in the United States early next year, to support its composite materials business in meeting growing aerospace demand.
Solvay has rejoined the World Dow Jones Sustainability Index (DJSI World), underlining the Group’s commitment to improve its performance in sustainable development as part of its business strategy
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 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.