SVYSF - Solvay SA

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 Exec. Committee, CEO & Non Independent Director	4.39M	N/A	1969
Mr. Karim Hajjar	CFO & Member of the Exec. Committee	2.49M	N/A	1963
Mr. Augusto Di Donfrancesco	Pres of Specialty Polymers & Member of the Exec. Committee	1.81M	N/A	1959
Mr. Marc Chollet	Chief Strategy Officer & Member of Exec. Committee	959.14k	N/A	1964
Mr. Herve Tiberghien	Chief People Officer & Member of Exec. Committee	1.24M	N/A	1964
Mr. Dominikus Golsong	Group Gen. Counsel & Member of Exec. Committee	814.21k	N/A	1955
Ms. Jodi Allen	Head of Investor Relations	N/A	N/A	N/A
Nathalie van Ypersele	Head of Communications & GM of Communication	N/A	N/A	N/A
Ms. An Nuyttens	Pres of Aroma Performance & Silica Bus.es	N/A	N/A	N/A
Mr. Vincent Kamel	Pres of Performance Polyamides	N/A	N/A	1964

Amounts are as of 31 December 2021, 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 USD.

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, aircraft, 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, specialty phenols, 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 flavors and fragrances industries, as well as synthetic intermediates used in pharmaceuticals, agrochemicals, and electronics. This segment also provides friction reducers, gelling agents, emulsion breakers, surfactants, inhibitors, cementing additives, and biocides for upstream oilfield chemicals sector, as well as sodium hypophosphite for metal plating and other applications. 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 June 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.