Solvay
OEM : Chemical
Solvay is a science company whose technologies bring benefits to many aspects of daily life. Our purpose—we bond people, ideas and elements to reinvent progress—is a call to go beyond, to reinvent future forms of progress and create sustainable shared value for all through the power of science. In a world facing an ever-growing population and quest for resources, we aim to be the driving force triggering the next breakthroughs to enable humanity to advance while protecting the planet we all share. We bond with customers and partners to address today and tomorrow’s megatrends. As a global leader in Materials, Chemicals and Solutions, Solvay brings advancements in planes, cars, batteries, smart and medical devices, water and air treatment, to solve critical industrial, social and environmental challenges. You can count on our innovative solutions to contribute to safer, cleaner and more sustainable future.
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Solvay Wins 2023 Re|Focus Sustainability Innovation Award
| Solvay has been awarded the Plastics Industry Association’s (PLASTICS) 2023 People’s Choice Award contest for its Amodel Bios PPA, which competed with the final nominees from all 2023 PIA Re | Focus Sustainability Innovation Award categories. AmodelBios PPA is a partially biobased long-chain PPA made with non-food competing biomass and is produced at Solvay’s Augusta, Georgia manufacturing site, which uses 100% renewable energy to reduce its Scope 1 and 2 emissions. Thanks to this sustainable combination, the polymer has the lowest global warming potential (GWP) of all PPA resins, worldwide. |
Solvay Launches First ISCC Plus Certified Sulfone Polymers
Solvay has successfully earned independent third-party mass balance (MB) chain of custody accreditation under the widely recognized International Sustainability and Carbon Certification (ISCC-Plus) scheme for its Marietta, Ohio (USA) site, producing Udel PSU (polysulfone) and Radel PPSU (polyphenylsulfone), said to be the first ISCC-Plus mass balance compliant sulfone materials in the market and now commercially available, worldwide.
Zeda, Inc. (Formerly PrinterPrezz / Vertex Manufacturing) Closes $52 Million Series B Financing Round
Zeda, Inc. (previously PrinterPrezz / Vertex Manufacturing), a global leader in advanced 3D manufacturing and nanotech solutions for the medical, space, aerospace, and defense industries, closed a $52 million equity and debt financing for a total capital raise of $68 million to date. The Series B round included participation by multiple new institutional and strategic investors, including Michelin, Taiyo Nippon Sanso Corporation (a Mitsubishi Chemical Group company), and Fives Group. It was jointly led by existing investors: Boutique Venture Partners, Berkeley Catalyst Fund, DOV Management, and Solvay Ventures. The company will primarily use the proceeds to fund its new advanced manufacturing digital foundry in Cincinnati, Ohio, as well as expand our facilities globally to address the growth in demand for metal 3D printing in the medical, aerospace, defense, space, and energy applications as well as expansion into the Asian market for its medical implant applications.
Tau concludes €9m series-B round to scale up production for e-mobility
Technology company Tau has concluded a series-B round raising €9 million with Solvay Ventures as a lead investor. Solvay Ventures is joined by existing shareholders including Finindus, a Belgium-based joint venture of ArcelorMittal and the Flemish Region, as well as management and private individuals.
Recently, Tau reached an important commercial milestone when its wire products completed diligent validation processes of several automotive OEM and Tier 1 suppliers in Europe, Asia and North America. The company is currently ramping up capacity, providing early adopters with immediate competitive advantages, and is preparing industrial scale carbon-neutral winding wire production in Italy with the goal to start worldwide deliveries by 2024.
Plyable secures $3.2M investment to deliver their lightweight custom composite marketplace on a global scale
Plyable, award-winning, market-leading composite mold producer has now received a total of $4.25M investment to fund the growth of its time and significant cost-saving composite tooling solution.
The demand for composites is growing exponentially, with the incredible, rapid innovation seen in aerospace, electric vehicle and marine industries. Award winning, market-leading disruptor in composite tooling, Plyable’s impressive customer base spans all these sectors. This latest injection of investment will fund the growth of its time and cost-saving composite tooling solution, benefiting innovators, engineers and industry disruptors across the board.