Solvay : Demand not foreseen to be falling off a cliff: 4Q22 preview
>Materials and soda ash continue to perform well in 4Q22 - Solvay is set to report its FY22 results on 23 February. In line with 3Q22, we anticipate Chemicals (except for soda ash) and Solutions volumes to be modestly down (pricing overall still positive) with continued strong Materials operations (mainly specialty polymers driven by batteries, healthcare and electronics). On the weaker side, we expect Coatis, RusVinyl, Silica, Aroma Performance and Novecare to be und...Solvay is engaged in chemical and plastic businesses worldwide. Co. offers chemical products such as advanced materials, barium strontium, calcium chloride, caustic soda, chlorinated products, fluor, peroxygen products, polyglycerols, precipitated calcium carbonate, soda ash, and sodium bicarbonate. It also provides specialty polymers, such as Spire ultra polymers, Solviva biomaterials, and sulfone polymers. Co. structures its activities around five operating segments: Advanced Formulations, Advanced Materials, Performance Chemicals, Functional Polymers and Corporate & Business Services, each with its own specific business model and each comprised of Global Business Units (GBUs).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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