Wikipedia - Solvay (company)

This article deals with the company named Solvay. For other meanings see Solvay.
Solvay S.A.
Type Société anonyme (Euronext: SOLB)
Industry Chemicals
Founded 1863
Founder(s) Ernest Solvay
Headquarters Brussels, Belgium
Key people Aloïs Michielsen (Chairman), Christian Jourquin (CEO)
Products Chemicals and plastics
Revenue €8.485 billion (2009)[1]
Operating income €800 million (2009)[1]
Profit €516 million (2009)[1]
Employees 19,000 (2009)[1]
Website www.solvay.com

Solvay S.A. is a Belgian chemical company. It was founded in 1863 by Ernest Solvay to produce sodium carbonate by the solvay process. Since then the company has diversified to two major sectors of activity: chemicals and plastics. It was formerly also active in pharmaceuticals, but agreed to sell that entire division to Abbott Labs for €4.5 billion in September 2009,[2] a deal completed in February 2010.

In 2009, the group’s consolidated sales amounted to €8.485 billion generated by its activity sectors (including the now-divested pharmaceuticals). Solvay employs about 19,000 people worldwide and is listed on the NYSE Euronext in Brussels.

Solvay is main partner of Solar Impulse and has contributed to the airplane in particular, with important R&D resources, which is scheduled to make maiden test flights in 2010.[3]

Fuel cell technology:
SolviCore, a joint venture by Umicore and Solvay in the field of fuel cells is already pre-marketing membrane-electrode assemblies for different types of batteries for portable or mobile use.[4]

New generation lithium batteries for hybrid vehicles components make use of Solvay fluorinated polymers. Compared to conventional vehicles the hybrids reduce CO2 emissions by 30%.[5]
Soil remediation
Novosol®: sodium bicarbonate-based process for treating and recovering mineral residues contaminated with heavy metals. [6]

Renewable feedstock
Development and industrialization of proprietary Epicerol™ process for manufacturing epichlorhydrin from natural glycerin.[7]

Pope John Paul II worked for Solvay during World War II to avoid deportation to Germany.[8] Solvay was the main shareholder in Sucreries Raffineries Bulgares (1897–1916), once the largest industrial enterprise in the Principality of Bulgaria.[9]

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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Solvay (company)".

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