Industrial Minerals


Solvay Q2 income on the rise, but volumes still down

27 July 2012

by Kasia Patel

“Sustained high-level performance” in essential chemicals, soda ash business

Keywords: Solvay, fluorchemicals, soda ash, rare earths, Rhodia

International chemical group Solvay posted a 2% increase in net income for Q2 2012, with net sales at €3,331m ($4,088m), although volumes were 6% down compared with last year’s results.

Improvements were seen in the special chemicals division, which encompasses the company’s fluorchemicals business, with REBITA* reported at €20m ($24.5m), compared to €12m in Q1 2012 and €26m in Q2 2011. ...