Solvay sales fall 5%; soda ash market improves y-o-y

By Nilima Choudhury
Published: Wednesday, 26 February 2014

Company results impacted by CER programme, prices for guar and Chemlogics acquisition

Belgian chemicals producer, Solvay Group, has reported Q4 REBITDA* at €384m ($527m)**, down 6% year-on-year (y-o-y) as a result of the end of its certified emission reduction (CER) programme, prices for guar and the acquisition of Chemlogics.

However, the company’s Essential Chemicals division, which includes soda ash and bicarbonate...

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