Syensqo

Syensqo

Syensqo

Belgian advanced materials company


Syensqo is a Belgian multinational materials company, established in 2023 through the spin-off from Solvay. The current CEO is Ilham Kadri, who previously was the CEO of Solvay. Syensqo is publicly listed and joined the BEL 20 stock index soon after listing.[1] Syensqo researches and produces advanced materials for use in industry and consumer applications.

Quick Facts Company type, Traded as ...

History

In 2022, Solvay announced the intention to separate into two independent stock listed companies. Solvay would retain its historic soda ash, Peroxides, Silica, and Coatis production, as well as the Specialty Chemicals division. The Materials, Composites, and Solutions divisions were split off into Syensqo.[2] The goal of separating the two companies was to give independence and flexibility in pursuing different strategies.

The split became effective on December 11th, 2023, with shares listed on Euronext Brussels and Euronext Paris.[3]

See also


References

  1. "Syensqo to join the BEL 20 on December 18". MarketScreener.com. 12 December 2023. Retrieved 27 March 2024.
  2. "Syensqo successfully launched on Euronext". Yahoo News. 11 December 2023. Retrieved 27 March 2024.

Share this article:

This article uses material from the Wikipedia article Syensqo, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.