Solvay SA (SVYSF)
Solvay SA
Rue de Ransbeek, 310
Brussels 1120
Belgium
32 2 264 21 11
https://www.solvay.com
Sector(s): Basic Materials
Industry: Chemicals
Full-time employees: 22,000
Key executives
| Name | Title | Pay | Exercised | Year born |
|---|---|---|---|---|
| Dr. Ilham Kadri | Chairman of the Executive Committee, CEO & Non Independent Director | 6.09M | N/A | 1969 |
| Mr. Karim Hajjar | CFO & Member of the Executive Committee | 2.87M | N/A | 1963 |
| Mr. Augusto Di Donfrancesco | Chief Transformation & Operations Officer and Member of the Executive Committee | 2M | N/A | 1959 |
| Mr. Marc Chollet | Chief Strategy Officer & Member of Executive Committee | 1.36M | N/A | 1964 |
| Mr. Herve Tiberghien | Chief People Officer & Member of Executive Committee | 1.52M | N/A | 1964 |
| Mr. Dominikus Golsong | Group General Counsel, Corporate Secretary & Member of Executive Committee | 1.14M | N/A | 1955 |
| Mr. Michael Finelli | Chief Technology Officer | N/A | N/A | N/A |
| Ms. Jodi Allen | Head of Investor Relations | N/A | N/A | N/A |
| Nathalie van Ypersele | Head of Communications, GM of Communication and Chief Diversity, Equity & Inclusion Officer | N/A | N/A | N/A |
| Ms. An Nuyttens | President of Aroma Performance & Silica Businesses | N/A | N/A | N/A |
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 28 November 2023 is 3. The pillar scores are Audit: 1; Board: 5; Shareholder rights: 1; Compensation: 3.
