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Solvay and Aqua Pharma strengthen their collaboration in a Joint-Venture to serve aquaculture customers

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Brussels, September 30th, 2019 - Solvay and Aquatiq have concluded a joint-venture agreement regarding Aqua Pharma company, reinforcing their long-term collaboration to serve aquaculture customers. With this alliance, Solvay and Aqua Pharma aim to become a key aquaculture player by offering a wide range of sustainable and efficient solutions for sea lice control and Amoebic Gill Disease (AGD) to the salmon industry. Solvay and Aqua Pharma will put a strong focus on research & development, new products and new treatment methodology, and will further develop treatments for other fish species. 

“This JV agreement consolidates Solvay’s position in the aquaculture market” says Georges Crauser, Solvay Peroxides Global Business Unit President”. “Together, we believe that our combined expertise will bring value to the growing aquaculture industry in facing both challenges of fish health and environment protection with sustainable solutions.” 

Solvay will bring its deep expertise in hydrogen peroxide technology, while Aqua Pharma offers a state of the art dosing equipment for Solvay’s product Paramove® to safeguard animal welfare and the environment with maximum efficacy.  

Aqua Pharma has the largest hydrolicer treatment unit which is a complementary sustainable solution offered to the customers to fight sea lice in Norway.  “This partnership with a company like Solvay, established in more than 60 countries, will allow us to accelerate our development to better serve customer needs around the globe,'' says Elvin Bugge, Aqua Pharma CEO. Aqua Pharma is investing in new treatment solutions and will provide to the market a new technology for PARAMOVE® treatment as from October 2019. 

The main benefits and differences of PARAMOVE® compared to other medical treatments, is that there is zero toxicity and no persistence in the environment. Hydrogen peroxide is recognized as one of the cleanest solution treatment for sea lice as it decomposes into water and oxygen. 

Solvay is an advanced materials and specialty chemicals company, committed to developing chemistry that addresses key societal challenges. Solvay innovates and partners with customers worldwide in many diverse end-markets. Its products are used in planes, cars, batteries, smart and medical devices, as well as in mineral and oil and gas extraction, enhancing efficiency and sustainability. Its lightweighting materials promote 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 24,500 employees in 61 countries. Net sales were €10.3 billion in 2018, with 90% from activities where Solvay ranks among the world’s top 3 leaders, resulting in an EBITDA margin of 22%. 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. (Figures take into account the planned divestment of Polyamides).


SOLVAY PEROXIDES Global Business Unit is a worldwide market and technology leader in Hydrogen Peroxide. Providing  functional qualities such as bleaching, oxidation or disinfection, it delivers innovative products and tailored services to the pulp, chemicals, aquaculture, food, mining, wastewater treatment, home care and textile industries. SOLVAY PEROXIDES operates 19 plants in North and South America, Europe & Middle East, Asia and Australia. It runs the world’s biggest Hydrogen Peroxide plant in Map Ta Phut (Thailand). With its JV partner Peróxidos do Brasil, Solvay Peroxides is developing a new plant concept, myH2O2®, especially designed for installation at customer sites in remote locations. Innovation capacity and agility are two of GBU Peroxides’ strengths.

AQUA PHARMA is headquartered in Lillehammer, Norway and has been a leader in developing new treatment concepts with PARAMOVE® (H2O2). Aqua Pharma is part of the Aquatiq Group. The company, with around 45 employees, has a deep experience in parasite treatment solutions in particular for the salmon industry. Aqua Pharma’s approach combines expertise in fish health with veterinarians and biologists, plus safety and efficiency in treatment implementation.

Press contact

Elvin Bugge

Aqua Pharma Press Contact