Solvay CEO Ilham Kadri wants to reposition the chemical group. (Source:Solvay/ E.Crooÿ)
Corporate Separation

Solvay to Separate into Two Companies

Chemical company Solvay plans to split into two independent, listed companies in the second half of 2023: Specialty Co is to operate as a pure specialty chemicals company with accelerated growth potential; Essential Co is to focus primarily on sustainable solutions as a supplier of basic chemicals.

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