UK markets closed

Solvay SA (0NZR.IL)

IOB - IOB Delayed price. Currency in EUR
Add to watchlist
30.63+0.56 (+1.86%)
At close: 06:11PM BST

Solvay SA

Rue de Ransbeek, 310
Brussels 1120
Belgium
32 2 264 21 11
https://www.solvay.com

Sector(s)Basic Materials
IndustryChemicals
Full-time employees22,000

Key executives

NameTitlePayExercisedYear born
Dr. Ilham KadriChairman of the Exec. Committee, CEO & Non Independent Director5.59MN/A1969
Mr. Karim HajjarCFO & Member of the Exec. Committee2.63MN/A1963
Mr. Augusto Di DonfrancescoChief Transformation & Operations Officer and Member of the Exec. Committee1.84MN/A1959
Mr. Marc CholletChief Strategy Officer & Member of Exec. Committee1.25MN/A1964
Mr. Herve TiberghienChief People Officer & Member of Exec. Committee1.4MN/A1964
Mr. Dominikus GolsongGroup Gen. Counsel, Corp. Sec. & Member of Exec. Committee1.05MN/A1955
Ms. Jodi AllenHead of Investor RelationsN/AN/AN/A
Nathalie van YperseleHead of Communications, GM of Communication and Chief Diversity, Equity & Inclusion OfficerN/AN/AN/A
Ms. An NuyttensPres of Aroma Performance & Silica Bus.esN/AN/AN/A
Mr. Vincent KamelPres of Performance PolyamidesN/AN/A1964
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Solvay SA provides advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aerospace, and healthcare industries; and composite materials for aerospace engineered materials market. The Chemicals segment produces and sells soda ash and sodium bicarbonate primarily to the flat and container glass industries, as well as for use in detergents, pharmaceutical, and feed and food industries; hydrogen peroxide for use primarily in the paper industry to bleach pulp, as well as chemicals, electronics, food, mining, and environment; and dispersible silica for tire manufacturers; and solvent solutions, phenols and derivatives, polyamide derivatives and smart, functional, and sustainable yarns and polymers. The Solutions segment offers specialty chemicals for agro, home and personal care, coatings, and industrial markets; technology solutions in specialty mining reagents, phosphine-based chemistry, and solutions for the stabilization of polymers; fluorine and rare-earth formulations for automotive, electronics, agrochemical, and construction applications; and vanillin for the food, flavors, and fragrances industries, as well as value-added intermediates used in monomers and polymers, pharmaceuticals, agrochemicals, and electronics. This segment also provides various products for upstream oilfield chemicals sector, as well as sodium hypophosphite for metal plating and other applications; and PROBAN, a technological process that offers durable flame retardant properties to cotton-based textiles. The Corporate & Business Services segment provides energy and other business services. The company was founded in 1863 and is headquartered in Brussels, Belgium.

Corporate governance

Solvay SA’s ISS governance QualityScore as of 1 October 2023 is 3. The pillar scores are Audit: 1; Board: 5; Shareholder rights: 1; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.