Solvay soda ash business hit by rising energy costs
By
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...