(Page 1) Solvay S.A. (Brussels, Belgium) has signed a 10-year Corporate Power Purchase Agreement (PPA) with Falck Renewables S.p.A for the development of a solar
P +39 02 24331 - W www.falckrenewables.com Cap. Soc. € 291.413.891,00 int.vers. Direzione e coordinamento da parte di Falck S.p.A. Sede legale: Corso Venezia, 16, 20121. | May 27, 2021
Article by Adam Duckett
SOLVAY says its soda ash plant in Rheinberg, Germany will become the first in the world to use 100% renewable power after it switches from burning coal to biomass.
Its first biomass boiler will go into operation this month, and it now says the second remaining boiler will also switch from thermal coal by 2025. Both biomass boilers will use scrap waste wood chips – a mixture of used wood, from industrial residues and demolition – as fuel to produce steam and electricity.
The move is part of Solvay’s wider plans to eliminate the use of coal wherever renewable alternatives exist. Solvay says switching the boilers will reduce CO
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MOTHERWELL, Scotland, May 6, 2021 /PRNewswire/ Invizius Limited ( Invizius ), a biotechnology company developing treatments to suppress unwanted innate immune responses, today announces that it has closed Series A financing of £5.3 million. The financing was led by existing investors Mercia, Downing Ventures, Old College Capital, Scottish Enterprise, Solvay Ventures and new investors Calculus Capital and experienced life science entrepreneur and investor, Dr Jonathan Milner. Although already over-subscribed, the company s Series A remains open to other investors until June 2021.
Invizius will use the financing to complete a First-in-Man safety study in 2022 of its H-Guard
® Priming Solution to reduce the life-threatening inflammatory effects of haemodialysis.
Solvay S.A.: Solvay first quarter 2021 results: Strong start to the year with double-digit growth in Cash and EBITDA and record EBITDA margins
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Solvay first quarter 2021 results
Strong start to the year with double-digit growth in Cash and EBITDA and record EBITDA margins
May 5, 2021 at 7 a.m. CEST
Highlights
Net Sales in the first quarter of 2021 were up 1.9% organically driven by strong demand in automotive, with organic sales in Specialty Polymers up 10% year-on-year, exceptional performance in Coatis up 55%, and recovery in the mining industry driving Technology Solutions sales up 15%, whereas sales in Composites were 37% lower.
Net Sales grew 8.6% organically year on year excluding Composites and Oil & Gas, which still face challenges yet have shown sequential improvement versus the fourth quarter.