Solvay traded at 26.28 this Friday May 8th, decreasing 0.46 or 1.72 percent since the previous trading session. Looking back, over the last four weeks, Solvay lost 4.51 percent. Over the last 12 months, its price fell by 12.28 percent. Looking ahead, we forecast Solvay to be priced at 27.30 by the end of this quarter and at 25.59 in one year, according to Trading Economics global macro models projections and analysts expectations.
Solvay SA is a Belgium-based international chemical and advanced materials company. Through its subsidiaries, it operates four segments: Advanced Materials, Advanced Formulations, Performance Chemicals and Corporate & Business Services. Advanced Materials offers high-performance materials for multiple applications primarily in the automotive, aerospace, electronics, and health markets providing sustainable mobility solutions, reducing weight and improving CO2 and energy efficiency. Advanced Formulations serves primarily the consumer goods, agro and food, and energy markets offering customized specialty formulations that impact surface chemistry and alter liquid behavior while minimizing the environmental impact. Performance Chemicals specializes in chemical intermediates serving mainly the consumer goods and food markets. Corporate & Business Services includes corporate and other business services, such as the research and innovation center, and energy services.