Tag Archives | Solvay

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The sky’s the limit

After eighteen hours and 898km of strong headwinds,turbulence and even some backwards flying, Bertrand Piccard‘s plane landedsuccessfully in Madridwithout the aid of a single drop of fuel. On Friday 6th July, the aptly-named Solar Impulsecompleted the returning leg of its first intercontinental flight, powered only bythe sun and with a 90-strong team of engineers, technicians […]

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EBRD to bail out RusVinyl PVC project

The European Bank for Reconstruction and Development is injecting cash into RusVinyl, the 330,000 tonnes/year world scale PVC plant located at Kstovo, Nizhniy Novgorod region, Russian Federation. Why it’s doing this is an interesting question. Is the project running out of finance? The EBRD has also approved an 11 year E150m loan with a three […]

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Arkema a good fit for Solvay?

Could Belgian chemical group Solvay be interested in a bid for French rival Arkema? There are certainly some excellent potential synergies, especially in the fluorochemicals and chlor-alkali chain.Solvay recently agreed to sell its pharma division for E4.5bn to Abbott, giving Solvay net liquidity of E2.5bn according to some estimates. Analysts told ICIS news recently that […]

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