Solvay SA (SVYSF)

40.35 0.00 (0.00%) At close: 04:00PM EDT

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: 9,000

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Philippe Kehren	CEO, Chairman of Executive Committee & Director	1.38M	N/A	1971
Mr. Alexandre Blum	Chief Financial and Strategy Officer & Member of Executive Committee	813.6k	N/A	1973
Mr. Lanny Duvall	COO & Member of Executive Committee	471.68k	N/A	1968
Dr. Mark Van Bijsterveld	Chief People Officer & Member of Executive Committee	496.63k	N/A	1969
Ms. Lisa Jane Brown	General Counsel, Corporate Secretary & Member of Executive Committee	515.63k	N/A	1978
Mr. Michael Finelli	Chief Technology Officer	N/A	N/A	N/A
Ms. An Nuyttens	President of Aroma Performance & Silica Businesses	N/A	N/A	N/A
Mr. Vincent Kamel	President of Performance Polyamides	N/A	N/A	1963
Mr. J. Michael Radossich	President of Novecare Business	N/A	N/A	1970
Mr. Carlos Silveira	President of Peroxides GBU	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is 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, aerospace, 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, phenols and derivatives, 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 food, flavors, and fragrances industries, as well as value-added intermediates used in monomers and polymers, pharmaceuticals, agrochemicals, and electronics. This segment also provides various products for upstream oilfield chemicals sector, as well as sodium hypophosphite for metal plating and other applications; and PROBAN, a technological process that offers durable flame retardant properties to cotton-based textiles. 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 October 1, 2024 is 1. The pillar scores are Audit: 1; Board: 2; 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 a 10 indicates higher governance risk.