Edition:
United States

Solvay SA (SOLB.BR)

SOLB.BR on Brussels Stock Exchange

87.92EUR
4:35am EDT
Change (% chg)

€0.09 (+0.10%)
Prev Close
€87.83
Open
€87.91
Day's High
€88.40
Day's Low
€87.45
Volume
43,468
Avg. Vol
346,719
52-wk High
€120.82
52-wk Low
€70.52

Latest Key Developments (Source: Significant Developments)

Solvay and Mubadela awarded supply contract by Boeing
Monday, 11 Jul 2016 09:10am EDT 

Solvay SA : Solvay and Mubadala awarded supply contract by Boeing for primary composite structures of its 777X aircraft . Solvay and MUBADALA create joint venture in UAE to expand 777X supply .New company will be located in united Arab Emirates (UAE) and is expected to be operational by 2021.  Full Article

Solvay completes exit of INOVYN joint venture
Thursday, 7 Jul 2016 08:59am EDT 

Solvay : Completes exit of INOVYN joint venture .Received exit cash proceeds amounting to 335 million euros ($371.4 million).  Full Article

Solvay and Suzano Papel e Celulose to build integrated hydrogen peroxide unit in Brazil
Wednesday, 6 Jul 2016 01:30am EDT 

Solvay SA :Solvay and Suzano Papel e Celulose agree to build first integrated hydrogen peroxide unit at pulp mill site in Brazil.  Full Article

Solvay takes full ownership of JV stake in U.S. plant
Thursday, 2 Jun 2016 01:35am EDT 

Solvay SA :Takes full ownership of joint venture stake in U.S. cellulose acetate flake plant from Eastman Chemical Company.  Full Article

Solvay acquires Eastman's 50 percent stake in U.S.-based plant, becomes its sole owner
Thursday, 19 May 2016 01:37am EDT 

Solvay : Solvay agrees to take full ownership of U.S. cellulose acetate flake plant from joint venture partner Eastman Chemical Company . Solvay and Eastman Chemical Company have signed a definitive agreement to end their cellulose acetate production joint venture primester .Solvay acquiring Eastman's 50 percent stake in U.S.-based plant and becoming its sole owner.  Full Article

Eastman to sell interest in Primester cellulose acetate joint venture to Solvay
Thursday, 19 May 2016 01:31am EDT 

Eastman Chemical Co : Terms of sale were not disclosed . Eastman and solvay are currently equal partners in joint venture . Transaction allows eastman to eliminate costs associated with excess cellulose acetate flake capacity of joint venture .Eastman to sell interest in primester cellulose acetate joint venture to solvay.  Full Article

Solvay confirms FY 2016 guidance
Tuesday, 3 May 2016 01:00am EDT 

Solvay SA:Solvay reaffirms its guidance of high-single digit underlying EBITDA growth in 2016, compared to the pro forma 2,336 million euros in 2015.2016 free cash flow is expected to exceed 650 million euros, more than 30 pct higher than the prior year pro forma level.  Full Article

Solvay to sell entire stake in Solvay Indupa
Monday, 2 May 2016 07:30pm EDT 

Solvay SA:To sell its 70.59 pct stake in Solvay Indupa to Brazil's Unipar Carbocloro.Transaction is based on a total enterprise value of $202.2 million.  Full Article

Solvay and INEOS sign binding agreement on Solvay's exit from INOVYN JV
Wednesday, 30 Mar 2016 08:00pm EDT 

Solvay SA:Solvay and INEOS sign binding agreement on Solvay's exit from INOVYN joint venture.Upon completion of transaction, Solvay will receive a final payment of 335 million euro.Upon completion of transaction INEOS will become INOVYN's sole shareholder.Closing of INOVYN deal should occur in second half of 2016, subject to customary regulatory approval.  Full Article

Solvay to exit INOVYN joint venture early
Wednesday, 16 Mar 2016 02:30am EDT 

Solvay SA:Solvay and INEOS intend to advance Solvay's exit from INOVYN joint venture.Solvay and INEOS announce their intention to end their 50/50 chlorovinyls INOVYN joint venture earlier than originally foreseen.INEOS to become sole shareholder.Upon exit, Solvay would receive a final exit price payment of 335 million euros.Closing of transaction is likely to occur in second half of 2016.  Full Article

BRIEF-Solvay and Mubadela awarded supply contract by Boeing

* Solvay and Mubadala awarded supply contract by Boeing for primary composite structures of its 777X aircraft