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Solvay forecasts weaker second half of 2000

As a result of a less favourable economic environment, negatively influenced by increased energy costs, Belgian chemicals group Solvay is forecasting weaker performance in the second half of 2000, wit…

As a result of a less favourable economic environment, negatively influenced by increased energy costs, Belgian chemicals group Solvay is forecasting weaker performance in the second half of 2000, with year-end profits in line with those of 1999, when the company reported net annual profits of _ 423 million. Solvay reported a 40% increase in net current earnings for the first half of the year.

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