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Solvay SA (SOLB.BR)

SOLB.BR on Brussels Stock Exchange

120.15EUR
21 Jun 2017
Change (% chg)

€-0.85 (-0.70%)
Prev Close
€121.00
Open
€120.80
Day's High
€120.90
Day's Low
€119.75
Volume
196,640
Avg. Vol
265,249
52-wk High
€124.75
52-wk Low
€79.10

Latest Key Developments (Source: Significant Developments)

Solvay completes sale of its polyolefin cross-linkable compounds business
Thursday, 8 Jun 2017 11:35am EDT 

June 8 (Reuters) - SOLVAY SA ::REG-SOLVAY COMPLETES THE SALE OF ITS POLYOLEFIN CROSS-LINKABLE COMPOUNDS BUSINESS.  Full Article

Solvay Q1 underlying EBITDA beats Reuters poll
Wednesday, 3 May 2017 01:00am EDT 

May 3 (Reuters) - Solvay SA ::Q1 net sales totaled EUR 2.97 billion ($3.25 billion), up 9.7 pct, with a 7.5 pct increase in volume & mix supported by positive currency effects.Q1 underlying net sales EUR 2.97 billion versus EUR 2.86 billion in Reuters poll.Q1 underlying EBITDA EUR 616 million versus EUR 578 million in Reuters poll.Q1 profit attributable to Solvay share on IFRS basis was EUR 235 million. On underlying basis it was EUR 256 million, 33 pct up versus EUR 192 million in 2016.In 2017 expects to meet or exceed its previously given guidance of mid-single digit underlying EBITDA growth and more than EUR 800 million of free cash flow from continuing operations.  Full Article

Solvay and Suez form partnership on Chinese waste water treatment
Tuesday, 11 Apr 2017 01:42am EDT 

Suez /Solvay : Solvay’s Peroxides Global Business Unit (GBU) and SUEZ China have decided to combine their expertise and technologies in the industrial wastewater treatment market in order to provide a broad 'one-stop' solution to customers in Greater China, companies say in joint statement . Companies say the partnership could be extended within Asia and beyond as the need for sustainable solutions to the effective treatment of wastewater effluent is growing strongly around the world Further company coverage: [SEVI.PA] [SOLB.BR] ((sudip.kargupta@thomsonreuters.com;)).  Full Article

Solvay subsidiary, Cytec Industries, prevails in patent infringement lawsuit in China
Monday, 3 Apr 2017 11:34am EDT 

Solvay :Subsidiary Cytec Industries Inc., prevails in its patent infringement lawsuit in china against Sunshow Specialty Chemical Co. Ltd.  Full Article

Solvay to sell its polyolefin cross-linkable compounds business
Thursday, 30 Mar 2017 01:31am EDT 

Solvay SA : Solvay to sell its polyolefin cross-linkable compounds business . Signed a definitive agreement to sell its polyolefin cross-linkable compounds business in italy to family-owned group finproject SpA .Transaction is expected to close in Q2 of 2017.  Full Article

Solvay to sell its shares in National Peroxide Ltd to Wadia Group
Tuesday, 28 Mar 2017 08:31am EDT 

Solvay : Solvay to sell its shares in National Peroxide Ltd to Wadia Group . Signed a definitive agreement to sell its 25.1 pct shares in National Peroxide Limited to the Wadia Group .Transaction is expected to close by the end of March.  Full Article

Solvac FY cash revenue up at 107.3 mln euros
Friday, 24 Feb 2017 12:00pm EST 

Solvac SA : FY net income is 190.0 million euros ($201.1 million) versus 120.6 million euros a year ago .FY cash revenue is 107.3 million euros versus 87.0 million euros a year ago.  Full Article

Solvay Q4 net sales rises to 2.8 bln euros
Friday, 24 Feb 2017 01:00am EST 

Solvay SA : Q4 net sales 2.8 billion euros ($2.96 billion) versus 2.54 billion euros year ago . FY IFRS net income Solvay share 245 million euros versus 112 million euros year ago . Remains well on track to achieve its mid-term objectives . For 2017 expects underlying EBITDA to grow by mid-single digit .For 2017 expects to generate more than 800 million euros of free cash flow from continuing operations.  Full Article

Solvay completes sale of Vinythai stake to AGC Asahi Glass
Thursday, 23 Feb 2017 01:01am EST 

Solvay SA : Reg-Solvay completes the sale of its Vinythai stake to Agc Asahi Glass .Transaction was based on a total enterprise value of 16.5 billion Thai baht ($471.4 million).  Full Article

Solvay and Aquatic Concept Group signs global collaboration for aquaculture operations
Wednesday, 8 Feb 2017 05:19am EST 

Solvay : Solvay and Aquatic Concept Group as signed a joint global collaboration . Agreement for aquaculture operations . With its JV partner Peróxidos do Brasil, Solvay Peroxides is developing a new plant concept, myH2O2®, designed for installation at customer sites in remote locations .The agreement takes effect from today.  Full Article

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