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Solvay SA (SOLB.BR)

SOLB.BR on Brussels Stock Exchange

121.05EUR
17 Nov 2017
Change (% chg)

€0.05 (+0.04%)
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€121.00
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€121.35
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€121.40
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€120.40
Volume
233,822
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238,452
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€132.00
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€99.48

Latest Key Developments (Source: Significant Developments)

Solvay and Suez join forces in water treatment for industry in China​
Thursday, 16 Nov 2017 06:57am EST 

Nov 16 (Reuters) - SOLVAY ::‍SOLVAY AND SUEZ JOIN FORCES IN WATER TREATMENT FOR INDUSTRY IN CHINA​.  Full Article

Solvay to sell Charleston plant in the US and associated phosphorus business
Wednesday, 15 Nov 2017 01:00am EST 

Nov 15 (Reuters) - SOLVAY ::REG-SOLVAY TO SELL ITS CHARLESTON PLANT IN THE U.S. AND ASSOCIATED PHOSPHORUS BUSINESS.‍BUSINESS REPRESENTS SALES OF APPROXIMATELY EUR 65 MILLION​.‍COMPLETION OF TRANSACTION IS EXPECTED IN FIRST HALF OF 2018​.SOLVAY - ‍AGREED TO SELL PLANT TO GERMAN SPECIALTY CHEMICALS COMPANY LANXESS​.  Full Article

Solvay signs final agreement with Strata for JV to supply Boeing 777x
Monday, 13 Nov 2017 03:02am EST 

Nov 13 (Reuters) - SOLVAY SA ::ANNOUNCED ON SUNDAY, SIGNING OF FINAL AGREEMENT WITH STRATA FOR UNITED ARAB EMIRATES’ FIRST AEROSPACE MATERIALS JOINT VENTURE TO SUPPLY BOEING 777X.FACILITY TO BE COMMISSIONED IN 2020 AND TO ANCHOR A GROWING ADVANCED MANUFACTURING SECTOR.PARTNERSHIP EXPANDS UAE’S INDUSTRIAL CAPABILITIES WITH HIGH-TECH CARBON FIBER PREPREG MANUFACTURING FACILITY IN AL AIN.  Full Article

Solvay underlying EBITDA down at 553 million euros
Wednesday, 8 Nov 2017 01:00am EST 

Nov 8 (Reuters) - SOLVAY ::ON TRACK TO ACHIEVE FULL YEAR 2017 EBITDA AND FREE CASH FLOW OUTLOOK‍​.Q3 UNDERLYING EBITDA EUR ‍​553 MILLION VERSUS EUR 559 MILLION IN REUTERS POLL.INTERIM GROSS DIVIDEND AT €1.38 PER SHARE, PAYABLE ON JANUARY 18, 2018..Q3 NET SALES EUR 2.5‍​ BILLION VERSUS EUR 2.49 BILLION IN REUTERS POLL.Q3 FREE CASH FLOW FROM CONTINUING OPERATIONS OF EUR 195 MILLION ‍​.  Full Article

Solvay acquires large-tow carbon fiber precursor manufacturer‍​
Tuesday, 7 Nov 2017 11:43am EST 

Nov 7 (Reuters) - SOLVAY ::ACQUIRES LARGE-TOW CARBON FIBER PRECURSOR MANUFACTURER‍​.ACQUISITION OF EUROPEAN CARBON FIBER GMBH (“ECF”),.  Full Article

Solvay's AgRho NH4 Protect granted authorization for sale in France
Monday, 9 Oct 2017 02:27pm EDT 

Oct 9 (Reuters) - SOLVAY ::AGRHO NH4 PROTECT, A NITRIFICATION INHIBITOR SOLUTION, HAS BEEN GRANTED AUTHORIZATION FOR SALE IN FRANCE BY ANSES.  Full Article

Solvay and Orygeen announce partnership
Tuesday, 26 Sep 2017 04:16am EDT 

Sept 26 (Reuters) - SOLVAY :AND ORYGEEN PARTNER TO DEVELOP LONG-TERM PURCHASING CONTRACTS OF RENEWABLE ENERGIES (PPA) FOR COMPANIES IN FRANCE‍​.  Full Article

Solvay to buy-back senior bonds of $400 million and $250 million
Thursday, 21 Sep 2017 04:15am EDT 

Sept 21 (Reuters) - SOLVAY SA ::SOLVAY LAUNCHES TENDER OFFER TO BUY-BACK SENIOR USD 400 AND USD 250 MILLION BONDS.  Full Article

Solvay restates financial information and updates guidance after polyamide discontinuation
Tuesday, 19 Sep 2017 01:10am EDT 

Sept 19 (Reuters) - SOLVAY ::SOLVAY RESTATES FINANCIAL INFORMATION FOLLOWING DISCONTINUATION OF POLYAMIDE AND UPDATES 2017 GUIDANCE.POLYAMIDE BUSINESS PERFORMED PARTICULARLY STRONGLY THIS YEAR AND ITS DISCONTINUATION REDUCES GROUP'S 2017 EBITDA GROWTH.WEAKENING OF MOST FOREIGN CURRENCIES VERSUS EURO ALSO REDUCES PROFIT REPORTED IN EUROS.BASED ON CURRENT EXCHANGE RATES, SOLVAY ESTIMATES 6% TO 8% UNDERLYING EBITDA GROWTH FOR FULL YEAR 2017.REMAINS ON TRACK TO ACHIEVE PREVIOUS GUIDANCE OF MORE THAN EUR 800 MILLION OF FREE CASH FLOW.RESTATES FINANCIAL INFORMATION FOLLOWING DISCONTINUATION OF POLYAMIDE AND UPDATES 2017 GUIDANCE.H1 RESTATED NET SALES EUR 5.18 BILLION VERSUS EUR 5.99 BILLION PREVIOUSLY ANNOUNCED.H1 RESTATED EBITDA EUR 1.18 BILLION VERSUS EUR 1.32 BILLION PREVIOUSLY ANNOUNCED.  Full Article

Solvay to sell its polyamides business to BASF for 1.6 bilillion euros
Tuesday, 19 Sep 2017 01:00am EDT 

Sept 19 (Reuters) - SOLVAY ::SOLVAY ENTERS INTO A BINDING AGREEMENT TO SELL ITS POLYAMIDES BUSINESS TO BASF, A LANDMARK IN SOLVAY'S TRANSFORMATION.‍BASF AGREES TO ACQUIRE POLYAMIDES FOR EUR 1.6 BILLION​.SOLVAY AND BASF AIM TO CLOSE TRANSACTION IN Q3 OF 2018.‍EXPECTED NET CASH PROCEEDS ARE ESTIMATED TO BE AROUND EUR 1.1 BILLION​.‍NET FINANCIAL POSITION OF GROUP WILL IMPROVE BY ABOUT EUR 1.3BN​.  Full Article

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UAE, Solvay to produce carbon fibers for Boeing's 777X

DUBAI Strata, the manufacturing arm of Abu Dhabi's state-owned Mubadala Aerospace, and Belgian chemicals group Solvay said on Sunday they had entered into a joint venture to supply Boeing with advanced composite materials.