Solvay
Also known as: Solvay S.A
LeaveRussia detail: Continue Operations
Solvay is a Belgian multinational chemical company established in 1863, with its headquarters located in Neder-Over-Heembeek, Brussels, Belgium.
Decision trail
Decision date 09/03/2023 · Reference ↗
Suspended operations and new investment in Russia, suspended dividend payments from Rusvinyl (an independent 50:50 joint venture in Russia). A year after Russia’s invasion of Ukraine, Solvay has inked a deal to sell its 50% interest in the RusVinyl polyvinyl chloride joint venture to its partner for $450 million. Revenue increased in 2024 vs 2023 by more than +30%.
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — operating · Imported from KSE LeaveRussia
Exposure profile
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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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