Solvay plans to reduce soda ash production capacity from site in Torrelavega, Spain, by 300,000-600,000 tons/year, effective January 2024; site will focus on energy transition plan while serving needs of regional customers

Solvay is a science company whose technologies bring benefits to many aspects of daily life. With more than 22,000 employees in 61 countries, Solvay bonds people, ideas and elements to reinvent progress. The Group seeks to create sustainable shared value for all, notably through its Solvay One Planet roadmap crafted around three pillars: protecting the climate, preserving resources and fostering a better life. The Group’s innovative solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices, health care applications, water and air purification systems. Founded in 1863, Solvay today ranks among the world’s top three companies for the vast majority of its activities and delivered net sales of €13.4 billion in 2022. Solvay is listed on Euronext Brussels and Paris (SOLB). Learn more at www.solvay.com.

Solvay Soda Ash & Derivatives is a global business division of Solvay. As a world leading player in its markets, it provides a global, secured and sustainable supply of soda ash to its customers manufacturing glass for building, automotive, solar panels and packaging applications; as well as detergents and chemicals. It also develops solutions used to produce lithium carbonate for EV batteries and other solutions based on sodium bicarbonate for the health care, food, animal feed and flue gas cleaning markets. Solvay Soda Ash & Derivatives has nine major soda ash and bicarbonate plants. Among these, six are located in Europe, two are based in the United States of America, and one in Asia. It counts more than 3,200 employees and serves 120 countries.