Tight margins can't justify synthetic soda ash capacity investment, Solvay says

By Michael Greenfield, Michael Greenfield
Published: Wednesday, 16 June 2021

Demand is returning after Covid-19 related lockdowns but the environment isn't right to warrant synthetic soda ash production expansions to guarantee supply in the years to come, according to Belgian chemicals group Solvay.

Freight costs are soaring while the impact of the European Union’s carbon tax is becoming greater and pricing has softened. These have all been highlighted as issues by the company.

"Let us say 2021 is still a year of recovery and demand will probably be back on track in...

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