Brief: Solvay Name Maintained For EssentialCo, SpecialtyCo To Be Named Syensqo

Solvac SA

16/06/2023 08:33

June 16 (Reuters) - Solvay SA  SOLB.BR :
    * REG-SOLVAY AND SYENSQO REVEALED AS NEW COMPANY NAMES
    * SOLVAY NAME WILL BE MAINTAINED FOR ESSENTIALCO, WHILE
SYENSQO
WILL BECOME NEW NAME OF SPECIALTYCO
    * BUSINESSES WITHIN SYENSQO GENERATED APPROXIMATELY EUR 7.9
BN IN
NET SALES IN 2022
    * SOLVAY WILL COMPRISE LEADING MONO-TECHNOLOGY BUSINESSES
INCLUDING SODA ASH, PEROXIDES, SILICA, COATIS AND SPECIAL CHEM,
WHICH GENERATED APPROXIMATELY EUR 5.6 BN IN NET SALES IN 2022

Source text for Eikon:  ID:nGNE5s8f5m 
Further company coverage:  SOLB.BR 

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