Solvay S.A.

Profile

Summary

Solvay is a chemicals and plastics company headquartered in Brussels, Belgium. It was founded in 1863 by Ernest Solvay to make sodium bicarbonate from limestone and salt water. The company’s factories have polluted waterways such as the groundwater wells in Spinetta Marengo, Italy, and the Delaware River in Paulsboro, New Jersey. In 2005, an Italian lab worker named Pietro Mancini discovered that the company had covered up evidence of cancer-causing hexavalent chromium leaking into the Spinetta Marengo water supply from one of their industrial facilities which manufactured resins for paints and plastics. Similar evidence was found by Delaware Riverkeeper Network in New Jersey in 2013 that Solvay’s plants had been leaking PFAS ‘forever chemicals’ into the local drinking water system.

 

Products

Chemicals and advanced materials.

Violations

Top 5 Offense Groups (Groups Defined)Penalty TotalNumber of Records
environment-related offenses$73,962,54072
competition-related offenses$40,800,0001
safety-related offenses$699,38044
employment-related offenses$110,0002

(September 30, 2022)

Number of Records
119
Total Penalties
$115,571,920 (September 30, 2022)
Individual Records & Summaries
Click here for violation data on Solvay
Information in this section is drawn from the Violation Tracker database produced by the Corporate Research Project of Good Jobs First in Washington DC. It is the most comprehensive source of data on business violations of laws and regulations in the United States. For specific examples of misconduct, please click on the links.

Stories

Article Archive

A tale of PFAS, pollution, and patent claims

Published by
Chemical & Engineering News
|
By
Cheryl Hogue , Craig Bettenhausen
|

Analytical reference standards are not known for attracting intrigue and drama. Standards—compounds of known purity and concentration—are pivotal to investigating pollution because they allow researchers to determine the levels of contaminants in water, soil, or tissue samples.

Read more
Videos & Podcasts
The Toxic White Beaches of Rosignano Solvay – Around The World
Is Your Water Safe to Drink? PFAS Toxic Water Contamination in Gloucester County, New Jersey

 

Other Key Sources
  • Business and Human Rights Resource Centre's profile on Solvay - UK-based Business and Human Rights Resource Centre is an NGO that employs researchers on five continents who work with activists, companies and governments alike to advance human rights in business by eradicating abuse.
  • Mirador's profile on Solvay - Mirador is a project of the France-based NGO Research Group for an Alternative Economic Strategy (GRESEA), which monitors abuse carried out by the largest multinational corporations in France and the world.

Activism

Recent & Ongoing Campaigns
USW Members Persevere, Ratify Contract at Solvay Chicago Heights Plant

United SteelWorkers | November 10, 2021

Local 7-765-01 members at Solvay’s Chicago Heights, Ill., plant ratified a four-year agreement on Aug.13, 2021, nearly 22 months past the original contract expiration date.

New Jersey Is Making Companies Pay for Toxic Contamination — Shining a New Light on a Little-Known Offender

Sharon Lerner | The Intercept | March 27, 2019

In the absence of federal regulations, New Jersey is the first state to set safety levels for PFAS contamination and make companies pay for clean up.

Major Investigations
& Lawsuits
Delaware settles with Solvay Specialty Polymers over PFAS contamination claims in Prices Corner

Julia Rentsch | Delmarva Now | February 16, 2021

The July 2020 discovery of hazardous chemicals in soil and groundwater near a New Castle County chemical plant resulted Tuesday in the company reaching a settlement with the Delaware Department of Natural Resources and Environmental Control. 

Investigation of Closed Solvay Polymer Facility

State of Delaware | February 16, 2021

The Department of Natural Resources and Environmental Control today announced a settlement with Solvay Specialty Polymers USA, LLC to address perfluoroalkyl and polyfluoroalkyl substances (PFAS) allegedly released from the company’s facility in the Marshallton area of New Castle County.

Solvay Impedes Research Into Unknown PFAS by Threatening Testing Lab With Legal Action

Ryan Felton | Consumer Reports | February 10, 2021

Independent scientists must now go through the company itself in order to obtain necessary tests for unknown PFAS

Attorney General, DEP Commissioner Announce Two New Natural Resource Damage Lawsuits over Contamination of Riverfront Sites

State of New Jersey | November 10, 2020

Suit Against Solvay Demands Accountability for Company’s PFAS Chemicals Found in Public and Private Water Sources.

New Jersey Sues Solvay Over Alleged Water Contamination From New PFAS Compound

Ryan Felton | Consumer Reports | November 10, 2020

The manufacturer's own research suggests the compound can cause liver damage, according to emails obtained by CR


 
Environmental Impact
Rosignano Solvay: White Beaches, Chemistry, Politics And Pollution

January 22, 2021

Italy is doing worst amongst the EU Member States for environmental progress. The white beaches of Rosignano Solvay are a perfect example.

Minority and low-income communities may face greatest threat from cancer-causing gas

Joce Sterman, Alex Brauer, & Andrea Nejman |  News Channel 9 abc | January 11, 2021

An invisible gas posing a potential cancer risk in towns all over America may be disproportionately affecting minority and low-income communities. Spotlight on America first investigated the colorless, odorless gas known as ethylene oxide last September. Now, new details are emerging about the toll Ethylene oxide, or EtO, takes on marginalized groups, as some communities are rising up to fight against it.

New PFAS Compound in N.J. Water May Be More Toxic Than Older One, Regulators Say

Ryan Felton | Consumer Report | November 10, 2020

Government scientists analyzed research by Solvay, which uses the chemical, and found link to liver damage, emails show

Attorney General, DEP Commissioner Announce Two New Natural Resource Damage Lawsuits over Contamination of Riverfront Sites

Gurbir S. Grewal | New Jersey Department of Law & Public Safety | November 10, 2020

As part of the State of New Jersey’s continuing commitment to protect public health and restore natural resources degraded by those who refuse accountability, Attorney General Gurbir S. Grewal and Department of Environmental Protection (DEP) Commissioner Catherine R. McCabe today announced ....

New PFAS Chemical Contamination Discovered in New Jersey

Sharon Lerner | The Intercept | June 4, 2020

Eight variations of a newly identified group of PFAS compounds were found near a Solvay plant in West Deptford, New Jersey.

The Cleanup Of Solvay Coke Site

Jeramy Jannene | Urban Milwaukee | July 24, 2019

Komatsu Mining’s 60-acre, $285-million South Harbor Campus proposal for the east end of E. Greenfield Ave. is approved for development, but before that can start the site needs to be environmentally remediated.

PERI Pollution Indexes

Based on United States Environmental Protection Agency data ranking the top 100 worst polluters.


Employment Practices
& Relations
California Members Strike for Workplace Safety, Justice and Respect

International Association of Machinists and Aerospace Workers | October 24, 2017

More than 80 IAM production workers at Henkel Aerospace Bay Point in Pittsburgh, CA and more than 40 workers at Solvay Industries in Santa Fe Springs, CA have taken to the strike lines as the two employers refuse to address worker safety and shop floor concerns.


Financials

Corporate Headquarters
Rue de Ransbeek 310, 1120 Bruxelles, Belgium
Most Recent Gross Revenue
$10.003 billion (2020) | source
Most Recent Net Revenue
$0.695 billion (2020) | source
Stock Exchange Tickers
Euronext: SOLB
Subsidiaries

Note: Most recent list is not always the most complete list.

Croctail Subsidiary Tool using the CorpWatch API - This API extracts the subsidiary relationship information from Exhibit 21 of companies' 10-K filings with the US SEC.


Major Shareholders

Click here for the latest data.

 


 
Political Influence

Open Secrets - Tracks corporate lobbying of US politicians.

Image

Open Secrets Logo

OpenSecrets.org Profile of Solvay SA


 
Import & Export Data

ImportYeti - Shipping Tracking Tool - Bill of ladings are public information that are too cost prohibitive, challenging to obtain and difficult to use for the average joe. ImportYeti's goal is to solve that problem.


Subsidy Tracker
Subsidy Tracker
Subsidy Tracker is a project of Good Jobs First in Washington DC. It is the most comprehensive source of data on state and federal subsidies in the United States. For more details, click on the links.
Click here for details on subsidies received by Solvay
Tax Havens
& Evasion
As a poisoned town sought justice, top chemical giant executive moved millions to tax havens

Scilla Alecci | ICIJ | October 5, 2021

Leaked records show Bernard de Laguiche stashed Solvay shares in offshore accounts as the company faced water contamination claims in Italy and the US.

Solvay families hide in tax havens

The time | Newswep | October 4 , 2021

Several Solvay families have set up a tangle of mailboxes in the most notorious tax havens, such as Panama and the British Virgin Islands. There they have parked their shares in the listed chemical group Solvay, one of the largest companies in our country.


Major Projects
Solvay to Buy Cytec Industries for $5.5 Billion

Gabriele Steinhauser | Wall Street Journal | July 29, 2015

Belgium-based chemicals company Solvay SA SLVYY 5.68% on Wednesday said it is buying U.S. counterpart Cytec Industries Inc. CYT -6.85% for $5.5 billion in a bid to become a major player in the production of light-weight materials for airplanes and high-end cars.


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