SOLVAY SA in Automotive Plastic Additives

The company has seven business segments automotive and aerospace, consumer goods and healthcare, industrial applications, resources and environment, building & construction, agro, feed & food, and electrical & electronics. The company offers automotive related products in performance chemicals, advanced materials, and functional polymers. In 2016, automotive and aerospace contributed 28% of the total revenue, followed by consumer goods and healthcare with 18%, industrial applications with 18%, resources and environment with 11%, building and construction with 10%, agro, feed & food, with 10%, and electrical and electronics with 5% of the total revenue. For the past three years, the average investment towards R&D is approximately 2.5% per year. In the plastic additives segment, it offers light stabilizers, impact stabilizers, and thermal stabilizers. The company has a strong commitment towards developing innovative products. In 2017 Solvay SA launched SolvaLite 730 resin specifically for high volume automotive applications. This resin enables efficient manufacturing of various durable auto components. The company has a strong product offering for the O.E. market, as well as for aftermarket.