Edition:
United Kingdom

Solvay SA (SOLB.BR)

SOLB.BR on Brussels Stock Exchange

90.00EUR
21 Aug 2019
Change (% chg)

-- (--)
Prev Close
€90.00
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
271,152
52-wk High
€118.90
52-wk Low
€82.26

Latest Key Developments (Source: Significant Developments)

BASF To Acquire Solvay's PA6.6 Global, Non-European Business
Friday, 16 Aug 2019 

Aug 16 (Reuters) - BASF SE ::BASF, SOLVAY AND DOMO CHEMICALS REACH AGREEMENT ON ACQUISITION OF SOLVAY’S POLYAMIDE BUSINESS.BASF, SOLVAY AND DOMO CHEMICALS AGREED THAT DOMO WILL ACQUIRE THE EUROPEAN PA6.6 BUSINESS FROM SOLVAY.TRANSACTION IS TARGETED TO CLOSE BY THE END OF 2019.BASF WILL ACQUIRE THE GLOBAL, NON-EUROPEAN PA6.6 BUSINESS FROM SOLVAY INCLUDING ITS 50% SHARE IN BUTACHIMIE’S ADIPODINITRILE (ADN) PRODUCTION ACCORDING TO THE AGREEMENT SIGNED IN SEPTEMBER 2017.PURCHASE PRICE TO BE PAID BY BASF ON A CASH AND DEBT-FREE BASIS WOULD AMOUNT TO €1.3 BILLION.AT CLOSING, APPROXIMATELY 700 SOLVAY EMPLOYEES WILL MOVE TO BASF.IN FRANCE, BASF AND DOMO WILL ALSO ENTER INTO A JOINT VENTURE TO PRODUCE ADIPIC ACID.BASF IS PLANNING TO INTEGRATE THE BUSINESSES INTO ITS MONOMERS AND PERFORMANCE MATERIALS DIVISIONS.  Full Article

Solvay Q2 Underlying EBITDA Down At 624 Million Euros
Wednesday, 31 Jul 2019 

July 31 (Reuters) - SOLVAY ::Q2 UNDERLYING NET SALES EUR 2.65 BILLION VERSUS EUR 2.60 BILLION YEAR AGO.2019 FULL YEAR OUTLOOK CONFIRMED.Q2 UNDERLYING EBITDA EUR 624 MILLION VERSUS EUR 643 MILLION YEAR AGO.FREE CASH FLOW TO SOLVAY SHAREHOLDERS TURNED POSITIVE TO EUR 33 MILLION IN H1.Q2 UNDERLYING PROFIT ATTRIBUTABLE TO SOLVAY SHAREHOLDERS EUR 318 MILLION VERSUS EUR 337 MILLION YEAR AGO.FREE CASH FLOW TO SOLVAY SHAREHOLDERS TURNED POSITIVE TO €33 MILLION IN H1.  Full Article

Solvay To Increase Capacity Of Hydrogen Peroxide Plants In Europe
Tuesday, 9 Jul 2019 

July 9 (Reuters) - SOLVAY ::TO INCREASE CAPACITY OF HYDROGEN PEROXIDE PLANTS IN EUROPE TO MEET MARKET DEMAND.FURTHER EXPANSIONS OF CAPACITY ARE PLANNED IN BERNBURG (GERMANY) AND VOIKKAA (FINLAND).DEBOTTLENECKING AT ITS HYDROGEN PEROXIDE PLANT IN JEMEPPE-SUR-SAMBRE (BELGIUM) ALLOWING AN INCREASE OF H2O2 PRODUCTION.  Full Article

Solvay Exercises First Call Option On EUR 700 Million Hybrid Bond
Wednesday, 3 Apr 2019 

April 3 (Reuters) - SOLVAY ::SOLVAY EXERCISES FIRST CALL OPTION ON A EUR 700 MILLION HYBRID BOND.REPAYMENT IS DUE ON MAY 12, 2019 AT END OF FIRST 5.5 YEARS.  Full Article

Solvac FY Net Profits Increase 4.6 Pct YoY In 2018
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - SOLVAC SA ::REG-SOLVAC: INCREASE IN NET PROFITS OF 4.6% COMPARED TO 2017.GROSS DIVIDEND OF SOLVAY REACHES EUR 3.75 FOR FISCAL YEAR 2018, UP TO 4.2 %..FY OPERATING LOSS EUR 1.4 MILLION VERSUS LOSS OF EUR 1.2 MILLION YEAR AGO.FY CASH INCOME EUR 111.8 MILLION VERSUS EUR 106.7 MILLION YEAR AGO.FY NET INCOME EUR 265.1 MILLION VERSUS EUR 328.4 MILLION YEAR AGO.  Full Article

Covivio Signs Rental Agreement With Solvay
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - COVIVIO ::ANNOUNCES THE SIGNING OF A RENTAL AGREEMENT WITH SOLVAY.  Full Article

Solvay: Long Term Partnership With National Institute For AIST In Japan
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - SOLVAY ::LAUNCH OF LONG TERM PARTNERSHIP WITH NATIONAL INSTITUTE FOR ADVANCED INDUSTRIAL SCIENCE AND TECHNOLOGY IN JAPAN.JOINT RESEARCH AGREEMENT IS AIMED AT EXPLORING NEW WAYS OF SYNTHESIS OF SPECIALTY CHEMICALS.  Full Article

PMC Group International Says Acquisition Of Product Line From Solvay, SA
Wednesday, 16 Jan 2019 

Jan 15 (Reuters) - Solvac SA ::PMC GROUP INTERNATIONAL ANNOUNCES ACQUISITION OF PRODUCT LINE FROM SOLVAY, SA.  Full Article

Solvac Decides To Pay Second Interim Dividend
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - SOLVAC SA ::2018 TOTAL DIVIDEND INCREASE OF 4.0%.INTERIM DIVIDEND WILL REPRESENT THE BALANCE OF THE TOTAL DIVIDEND PAYMENT FOR THE ACCOUNTING YEAR 2018.SECOND INTERIM DIVIDEND, PAYABLE ON DECEMBER 28, 2018, AMOUNTS TO €2.22 GROSS PER SHARE.SHARES WILL BE TRADED “EX DIVIDEND” ON THE STOCK EXCHANGE AS FROM DECEMBER 14, 2018.TOTAL DIVIDEND 2018 IS €5.22 GROSS PER SHARE, AN INCREASE OF 4.0 % COMPARED WITH 2017.  Full Article

Solvay And Composites One Announce North-America Distribution Agreement For Process Materials And Tooling Product Lines
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - SOLVAY ::SOLVAY HAS APPOINTED COMPOSITES ONE AS A NEW NORTH AMERICA DISTRIBUTOR FOR ITS PROCESS MATERIALS AND TOOLING PRODUCT LINES.THIS NEW APPOINTMENT PROVIDES SOLVAY WITH WIDER ACCESS TO A LARGE GEOGRAPHY AND MULTIPLE MARKET SEGMENTS, THUS IMPROVING ITS ABILITY TO SERVICE CUSTOMERS.SOLVAY AND COMPOSITES ONE ANNOUNCE NORTH-AMERICA DISTRIBUTION AGREEMENT FOR THE PROCESS MATERIALS AND TOOLING PRODUCT LINES.  Full Article

German stocks - Factors to watch on August 16

BERLIN/FRANKFURT, Aug 16 Here are some of the factors that may move German stocks on Friday: