Solvay SA

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Solvay SA (SOLB) Price Performance

Solvay SA (SOLB) trades on BR in EUR. The company is classified in the Basic Materials sector under the Chemicals industry. The stock currently trades at EUR25.18, up 2.78% from the previous close.

Over the past year, SOLB has traded between a low of EUR24.50 and a high of EUR31.76. The stock has lost 20.7% over this period. It is currently 20.7% below its 52-week high.

Solvay SA has a market capitalization of $2.76B, with a price-to-earnings ratio of 93.71 and a dividend yield of 9.16%.

About Solvay SA

Solvay SA provides basic and performance chemicals worldwide. The company engages in the production of sodium carbonate or soda ash that is used in glass for building, solar panels, glass containers, packaging, lithium-ion batteries for electric vehicles, and for detergents and chemicals; and sodium bicarbonate that serves food and animal feed, flue gas treatment, and healthcare. It also offers hydrogen peroxide that is used for bleaching, decontamination, disinfection, and antiseptic purposes in industries, including pulp and paper, textile, water, and food, as well as well as in semiconductors, photovoltaic, urban mining, and battery sectors; and serves as an intermediate to produce chemicals, such as propylene oxide and caprolactam. In addition, the company provides precipitated silica, an essential component in applications in the tire, home and personal care, feed, and food industries; and solvents and polyamide chain products used in paintings, hygiene, and home care applications, as well as to produce phenol and derivatives which is used as intermediates to produce synthetic resins employed in foundries, construction, and abrasives. Further, it offers fluorine and rare-earth formulations for automotive, electronics, and various niche chemical and industrial applications. The company was founded in 1863 and is headquartered in Brussels, Belgium.