Latest news for Solvay (OTC:SVYSF) Stock

Solvay SA is a Belgium-based producer of chemicals, plastics, and composites. Their five major businesses include soda ash, peroxides, silica, rare earths, and fluorine. The company has a top-three market position for nearly all of its products. Key business segments include Basic Chemicals, Performance Chemicals, and Corporate. High-value products include aerospace composites and specialty polymers while traditional chemical products include soda ash and hydrogen peroxide. Geographical exposure is relatively balanced, with Europe, North America, and Asia each contributing a third of sales.

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SVYSF

 Solvay Acquires Chemlogics for $1.35B

Solvay SA

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Solvay

As part of its ongoing transformation, Solvay announces today that it has signed an agreement to acquire privately-held Chemlogics for a total cash consideration of $1.345 billion. Adding the U.S.-based company to Solvay's Novecare business
    
    <a href="http://www.benzinga.com/">See full press release</a>

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