Solvay to split into two independent publicly traded companies
BRUSSELS, BELGIUM: Solvay,a Belgian multinational chemical company, is reviewing plans to separate the company into two independent publicly traded companies to unlock value. EssentialCo would comprise leading mono-technology businesses including Soda Ash, Peroxides, Silica and Coatis, which are reported as the Company’s Chemicals segment, as well as the Special Chem business. These businesses generated approximately…