Solvay held a webinar for the investment community on its Performance Chemicals
business
Brussels, June 25, 2024, 5.45 pm CEST
Solvay's management today held a webinar
(https://www.solvay.com/en/investors/financial-calendar-events-
presentations/webcasts-podcasts-presentations) on its Performance Chemicals
segment, which includes the Silica, Special Chem and Coatis business units.
These activities produce additives and ingredients that are essential to the
daily lives of the people.
Management set out how Solvay's Performance Chemicals segment (40% of Solvay
2023 net sales) shares common value creation drivers with Solvay's other
business units from a Commercial, Innovation, Quality of Assets or Supply Chain
perspective.
Furthermore, the webinar demonstrated the proven track record and resilience of
cash generation of the Performance Chemicals business, delivering EBITDA growth
of more than 4% and an average cash conversion ratio above 70% over the past 5
years. This was driven by:
* Exposure to end-markets with strong megatrends
* Leveraging a group of business lines with either global or regional
leadership
* Maintaining leadership in process innovation and applying strict cost
discipline
* Operating a group of less Capex intensive business lines when compared to
Solvay's Basic Chemicals segment
A replay of this webinar is available on Solvay's Investor Relations website
(https://www.solvay.com/en/investors/financial-calendar-events-
presentations/webcasts-podcasts-presentations). In the same section, you will
also find the replay of the previous webinar on the Peroxides
(https://sdk.companywebcast.com/sdk/p2pplayer/?id=solvayir_20221004_1&customBtnC
olor=154A69,154A69) and Soda ash & Derivatives
(https://sdk.companywebcast.com/sdk/p2pplayer/?id=solvayir_20230227_1&customBtnC
olor=154A69,154A69) webinars, respectively held in October 2022 and February
2023.
Contacts
Media relations Investor relations
Peter Boelaert Boris Cambon-Lalanne
+32 479 30 91 59 +32 471 55 37 49
Laetitia Van Minnenbruggen Geoffroy d'Oultremont
+32 484 65 30 47 +32 478 88 32 96
Kimberly King Vincent Toussaint
+ 1 470 464 4336 +33 6 74 87 85 65
media.relations@solvay.com investor.relations@solvay.com
(mailto:media.relations@solvay.com) (mailto:investor.relations@solvay.com)
Safe harbor
This press release may contain forward-looking information. Forward-looking
statements describe expectations, plans, strategies, goals, future events or
intentions. The achievement of forward-looking statements contained in this
press release is subject to risks and uncertainties relating to a number of
factors, including general economic factors, interest rate and foreign currency
exchange rate fluctuations, changing market conditions, product competition, the
nature of product development, impact of acquisitions and divestitures,
restructurings, products withdrawals, regulatory approval processes, all-in
scenario of R&I projects and other unusual items. Consequently, actual results
or future events may differ materially from those expressed or implied by such
forward-looking statements. Should known or unknown risks or uncertainties
materialize, or should our assumptions prove inaccurate, actual results could
vary materially from those anticipated. The Company undertakes no obligation to
publicly update or revise any forward-looking statements.
About Solvay
Solvay, a pioneering chemical company with a legacy rooted in founder Ernest
Solvay's pivotal innovations in the soda ash process, is dedicated to delivering
essential solutions globally through its workforce of over 9,000 employees.
Since 1863, Solvay harnesses the power of chemistry to create innovative,
sustainable solutions that answer the world's most essential needs such as
purifying the air we breathe and the water we drink, preserving our food
supplies, protecting our health and well-being, creating eco-friendly clothing,
making the tires of our cars more sustainable and cleaning and protecting our
homes. Solvay's unwavering commitment drives the transition to a carbon-neutral
future by 2050, underscoring its dedication to sustainability and a fair and
just transition. As a world-leading company with EUR4.9 billion in net sales in
2023, Solvay is listed on Euronext Brussels and Paris (SOLB). For more
information about Solvay, please visit solvay.com (http://www.solvay.com) or
follow Solvay (https://www.linkedin.com/company/solvay/) on Linkedin.
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