Solvay soda ash business hit by rising energy costs

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Published: Wednesday, 08 November 2017

The world's top soda ash producer reports falling Ebitda despite rising sales.

Solvay, the world’s’ top soda ash producer, reported its third-quarter Ebitda was down 4% year-on-year in its performance chemicals segment despite rising volumes and sales, while the recovery of the energy market hit margins.

The company reported net sales of soda ash and derivatives in the third quarter at...

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