Solvay


Solvay Logo

Solvay is a science company and a global leader in the production of specialty polymers. Its mission is to transform its resource cycles, to address the global issue of resource scarcity, and design innovative solutions that help customers achieve their sustainability goals.

Founded in 1863 and headquartered in Belgium, Solvay employs more than 23,000 people in 64 countries. Its net sales in 2020 were €9 billion. It supplies high-performance plastics, polymers, fluids and eslatomers to a range of industries.

Solvay partnered with the Foundation in 2018, with a pledge to develop new manufacturing processes, use renewable energy, and produce materials that align with the principles of the circular economy. The chemical industry supplies many other industries, and chemical science can be used as a powerful building block to enable material transformation.

In 2020 Solvay launched its Solvay One Planet sustainability programme, which has three principles — protecting the climate, preserving resources, and fostering better life. The company’s aims include decoupling the use of finite resources from business growth and rethinking the way it makes and uses materials and products — to ensure safer, cleaner, and more sustainable products are used in homes, food and consumer goods, planes and cars, batteries and smart devices, and water and air purification systems.

Solvay has moved towards adopting circular practices in several areas — developing products that are circular by design, doubling the sales of products made from renewable or recycled resources, and transforming waste into added-value raw materials.

The circular economy in action at Solvay — electric vehicle battery recycling

Solvay has joined forces with another of the Foundation’s Strategic Partners, Groupe Renault, to create a circular economy for electric vehicle (EV) batteries.

They have created a consortium with Foundation Partner Veolia to collaborate across the battery value chain — collecting end-of-life batteries, then recovering and purifying the metals to be reused in new batteries.

The number of electric vehicles worldwide is expected to grow from 10 million in 2020 to more than 100 million by 2030, but the materials currently used in lithium ion EV batteries are not always recovered at their maximum value. The consortium aims to scale its circular economy solution to tackle this problem.

For further information, visit the Solvay website

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