Performance Chemicals

  Business-PerformanceChemicals Click to enlarge

The success of this business Segment, which operates in mature and robust markets, is based on economies of scale, competitiveness, and quality of service. Strong cash generators, the Performance Chemicals businesses are engaged in programs of excellence to create additional sustainable value.

2018 net sales: €2,808 million
EBITDA: €729 million

Soda Ash & Derivatives

Soda Ash & Derivatives is the world’s largest producer of soda ash and sodium bicarbonate, sold primarily to the glass industries and also used in detergents, agro, food and feed industries. It provides resilient profitability thanks to good pricing, dynamics growing at mid-single digit rate, underpinned by high-quality assets.

Key figures 2018:

  • World number-1 producer of soda ash and sodium bicarbonate
  • Net sales: €1,562 million


Solvay is the global leader in hydrogen peroxide, both in market share and technology. Hydrogen peroxide is mainly used by the paper industry to bleach pulp. Its properties are also of interest to many applications such as chemicals, food, textiles and the environment.

Key figures 2018:  

  • World number-1 supplier of hydrogen peroxide
  • Net sales: €654 million


Coatis manufactures glycerin-based sustainable solvents solutions sold globally and specialty phenols mainly sold in Latin America. It enjoys undisputed market leadership position in Brazil for Phenol & Derivatives, which are used in the production of synthetic resins for foundries, construction and abrasives.

Key figures 2018:

  • Market leader in Latin America for oxygenated solvents and phenol derivatives
  • Net sales: €509 million
Functional Polymers

Functional Polymers includes Fibras, the largest polyamide-based yarn producer in Latin America, and also houses Solvay’s 50% stake in RusVinyl, a large state-of-the-art PVC producer in Russia.

Key figures 2018:

  • Net sales: €82 million

As from Q3 2017, Performance Chemicals also encompasses the remaining business activities previously included in the Functional Polymers segment: following the signing of the binding agreement with German chemical company BASF for the sale of its Polyamides business in September, 2017, those polyamide activities, which constituted the major part of Functional Polymers, were reclassified to discontinued operations.  

Financial figures take into account the announced divestment of Polyamides.