BRUSSELS, Dec. 7, 2016 (Globe Newswire) -Solvay has reached an agreement to sell its cellulose acetate tow business, Acetow, to private equity funds managed by Blackstone.
"The divestment of Acetow is another significant step in Solvay's transformation towards a multi-specialty chemical group with a higher growth profile," said Jean-Pierre Clamadieu, CEO of Solvay.Read more
LONGVIEW, WA, April 25, 2016 (Longview Daily News) -It’s been 28 years since Mike Banigan first started working at the Longview Solvay Chemicals as an engineering and maintenance manager, back before construction of the hydrogen peroxide plant was complete. He’s overseen many expansions, and now he’s going to retire when the latest one is complete.Read more
BRUSSELS, April 1, 2016 (Press Release) -Solvay has optimized production technology at its hydrogen peroxide plant in Voikkaa (Finland) and is now ready to raise capacity to meet increasing demand for the product in the Nordic Nordic Region and the Commonwealth of Independent States.Read more
BRUSSELS, July 22, 2015 (Press Release) -Solvay has signed an agreement with Siberwood LLC to examine the construction of new hydrogen peroxide capacity in Russia, using Solvay's innovative myH2O2® technology which is particularly suitable for large customers requiring secure on-site production in remote areas.
Solvay and Siberwood are assessing whether Solvay is to build a Satellite Peroxide production unit, known as myH2O2®, on Siberwood's green-field project of producing 900,000 tons of market pulp per year, in the Krasnoyarsk region, Siberia, Russia.Read more
Solvay expects to increase its North American production capacity by about 20 percent, supported by a multi-million dollar investment in Longview. This investment will help to ensure that Solvay can continue to supply key markets that rely on Solvay to support their own growth projections.Read more