|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||135.51 - 135.51|
|52-week range||82.19 - 135.51|
|Beta (5Y monthly)||1.53|
|PE ratio (TTM)||18.10|
|Forward dividend & yield||4.56 (3.36%)|
|Ex-dividend date||17 May 2021|
|1y target est||N/A|
LONDON (Reuters) -Activist Bluebell Capital Partners has urged Belgian chemicals company Solvay to replace Chief Executive Ilham Kadri, saying she had failed to stop the discharge into the sea of waste from a soda ash production plant in Italy. The move is part of Bluebell's campaign aimed at creating change at companies it says are falling short on environmental, social and governance (ESG) issues and reflects a growing trend among activists to target companies over ESG shortcomings. Bluebell began engaging with Solvay in September 2020 over the damage it says is being caused by the dumping into the sea of soda ash waste from Solvay's Rosignano factory.
Univar (UNVR) is named as Solvay's distribution partner for the Brazilian agrochemical market. The deal is expected to enable it to provide more sustainable agriculture practices and technologies.
Univar (UNVR) extends its agreement with Solvay Novecare to distribute the latter's coating and industrial products.