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EssentialCo to be an essential chemicals leader including additives with resilient cash generation.
March 17, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
Solvay announced it is reviewing plans to separate the company into two independent publicly traded companies: • EssentialCo would comprise leading mono-technology businesses including Soda Ash, Perox-ides, Silica and Coatis, which are reported as the company’s chemicals segment, as well as the Special Chem business. These businesses generated approximately €4.1 billion in net sales in 2021. • SpecialtyCo would comprise the company’s currently reported Materials segment, including its high...
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