Solvay applies for second listing of its shares on NYSE Euronext Paris

Solvay, an international chemical Group headquartered in Brussels, has filed an application for a listing of its shares on NYSE Euronext Paris, which is expected following a direct listing procedure without issuing any new shares.

Solvay, listed on NYSE Euronext Brussels, announced on 11 January that it has filed an application for a listing of its shares on NYSE Euronext Paris. This second listing is consistent with the company’s historical record and its significant presence on the French markets. Active in France since 1872, the Solvay Group generated combined sales of EUR 1.3 billion in 2010.
Since the recent acquisition of Rhodia, a multinational company with French roots, France is, from an industrial point of view, the most important country for the new Solvay Group, with 15 production sites, five research and development centres and about 7,000 employees.
Listing of the Solvay shares on NYSE Euronext Paris is expected on 23 January 2012 following a direct listing procedure without issuing any new shares.
Solvay is an international chemical Group headquartered in Brussels, employing about 30,000 people in 55 countries.