Solvay spun off its specialty chemicals business into Syensqo, a faster-growing company aligned with ESG trends. Solvay now focuses on the Chemicals segment, while Syensqo specializes in sustainable materials. Syensqo's shares are trading at a discount, providing an opportunity for investors. Solvay now has a more focused portfolio and frees up cash flow for dividends, yielding around 10% at current trading prices.
Fundamental, Research
European Materials: Growth and Sustainability in Syensqo
08 February 2024