Solvay is a multi-specialty chemical company, committed to developing chemistry that addresses key societal challenges. Solvay innovates and partners with customers in diverse global end markets. Its products and solutions are used in planes, cars, smart and medical devices, batteries, in mineral and oil extraction, among many other applications promoting sustainability. Its lightweighting materials enhance cleaner mobility, its formulations optimize the use of resources and its performance chemicals improve air and water quality. Solvay is headquartered in Brussels with around 27,000 employees in 58 countries. Net sales were € 10.9 billion in 2016, with 90% from activities where Solvay ranks among the world’s top 3 leaders. Solvay SA (SOLB.BE) is listed on Euronext Brussels and Paris (Bloomberg: SOLB.BB - Reuters: SOLB.BR) and in the United States its shares (SOLVY) are traded through a level-1 ADR program.
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- Industry Type:
- Chemical & Pharmaceuticals
- Market Focus:
- Globally (various continents)
This company also provides solutions for other industrial applications.
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As an international chemical and advanced materials company, we assist our customers in innovating, developing, and delivering high-value, sustainable products and solutions that consume less energy and reduce CO2 emissions, optimize the use of resources and improve the quality of life. We generate 90% of our net sales in activities where we are among the world‘s top three players. We serve diversified global end markets including automotive and aerospace, consumer goods and healthcare, energy and environment, electricity and electronics, building and construction, as well as industrial applications.
With 145 sites in the world, we are present across the globe. Our worldwide presence ensures mobility opportunities and multicultural exchanges throughout your career within the Group. Innovation is one of the key pillars of our strategy. With 21 major R&I centers and 2,350 researchers around the world, we are able to innovate and to be fully aligned with the mega trends that are driving growth in the chemical industry, such as the fight against climate change, increasing consumption in fast growing regions and growing expectations regarding health and well-being.
Asking more from chemistry for 150 years
Created in 1863, Solvay is a global company driven by proud and committed chemists. With our historical anchorage in Europe, our products serve diversified markets worldwide, from consumer goods to energy, with one main aim – to improve quality of life and customer performance.
The drive to achieve our aim has resulted in 90 percent of our revenue being generated from businesses that are among the top three global leaders in their field.
The story of the Solvay group began in 1861, when Ernest Solvay discovered the key to the «industrial manufacture of soda ash using sea salt, ammoniac and carbonic acid».
In 1863, Ernest Solvay patented a revolutionary ammonia-soda process for producing sodium carbonate which is still widely used today for glass, washing powder and flue gas cleaning.
The first soda factory started operating in Couillet, Belgium in 1865.
From 1870 to 1880, Solvay promoted the global expansion of the company. Factories were set up in Belgium, France, England, Germany, Russia and the United States.
Today, Solvay is an international industrial Group active in chemistry, with three sectors of activity: Chemicals and Plastics and Rhodia. The latter was acquired in September 2011.
Ernest Solvay was born in 1838, in Rebecq-Rognon in Belgium. He believed deeply in the positive role of science and industry played in society, establishing a first-of-its-kind pension for Solvay workers in 1878, an 8-hour workday in 1897, and paid vacations in 1913, long before it became accepted practice in the rest of western societies.
He founded several scientific, philanthropic, and charitable foundations, including the Institutes of Physics (1895) and of Sociology (1901), as well as the prestigious School of Business (1903) in Brussels which still bears his name.
His overriding passion for science was personified in 1911 when he established the Council of Physics attracting the most of the prominent physicists and chemists of the time.
Participants included Marie Skłodowska-Curie, Albert Einstein, Max Planck, Ernest Rutherford, Hendrik Lorentz, Henri Poincaré, Martin Knudsen, Heike Kamerlingh Onnes and the Duke Louis de Broglie.
Our strategy for progress
We want to find answers and respond to the challenges of 3 major megatrends: evolving demography and consumer behavior, innovation acceleration, resource constraints and demand for sustainability.
Our strategy is to participate in reshaping the global chemical industry and to build a model of chemistry that will address these crucial issues while continuing to drive value creation and profitable growth.
We reach this through:
- a permanent reshaping of our portfolio
- the strengthening of our growth engines
- the acceleration of our organic growth, innovation, and acquisitions