Solvay Group is split and white carbon is included under New Solvay

The Solvay Group in Brussels, Belgium, recently announced a major strategic adjustment, planning to split up to form two new companies. This decision will officially take effect in December this year, marking a new stage of development for Solvay Group.

According to the company announcement, the newly established Syensqo company will be led by current CEO Dr. Ilham Kadri. The company will focus on high-performance polymers, new materials and innovative consumer products, and is committed to promoting cutting-edge applications of technology and materials.

At the same time, another new company will continue to follow the Solvay brand, with Philip Coren as CEO. The new Solvay company's business scope will include silica for tires and basic products related to housing, health, nutrition and mobility. Mr. Kerren has more than 30 years of cross-functional management experience in management positions and will lead the company's business development in multiple fields such as peroxides, silica, coatings and elastomer chemicals, and will be committed to strengthening production processes and reducing production costs to maximize cash flow. The move aims to better adapt to market demand and promote the company's further development in global competition.