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 EUR27.36, down 1.72% from the previous close.

Over the past year, SOLB has traded between a low of EUR24.50 and a high of EUR31.41. The stock has lost 7.3% over this period. It is currently 12.9% below its 52-week high.

Solvay SA has a market capitalization of $2.91B, with a price-to-earnings ratio of 99.43 and a dividend yield of 8.86%.

About Solvay SA

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