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SLVYY Solvay SA (PK)

3.64
0.06 (1.68%)
13 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Solvay SA (PK) USOTC:SLVYY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.06 1.68% 3.64 3.62 3.65 3.65 3.58 3.61 79,657 21:02:25

Solvay, Veolia Launch Emissions-Saving Project at France Site

16/02/2022 7:46am

Dow Jones News


Solvay (PK) (USOTC:SLVYY)
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From May 2021 to May 2024

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   By Ed Frankl 
 

Solvay SA and Veolia Environnement SA on Wednesday said they launched a project to cut carbon-dioxide emissions at Solvay's soda-ash plant at Dombasle in eastern France.

The two companies said the project aims to replace coal with refuse-derived fuel for the production of clean energy.

The new facility, to be built by Solvay and operated by Veolia, will require an investment of 225 million euros ($255.6 million) and is scheduled to come on stream in 2024

The project will ensure the plant's competitiveness and reduce CO2 emissions by 50%, the companies said.

 

Write to Ed Frankl at edward.frankl@dowjones.com

 

(END) Dow Jones Newswires

February 16, 2022 02:31 ET (07:31 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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