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Demand from automotive, aerospace drives Solvay’s Q2 growth

By Davide Ghilotti
Published: Tuesday, 01 August 2017

Demand for polymers and composites from automotive and aerospace have led to sales volume growth in Solvay’s key divisions in the quarter.

Belgian-headquartered chemicals group Solvay saw double-digit growth in income and sales in the second quarter of 2017, driven by high demand for composites in a number of end markets.

Total revenues for Q2 rose 38% year-on-year (y-o-y) to €3.02bn ($3.55bn), while underlying net profit surged 38% to €309m....

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