Local officials joined the site and project management team for the ceremony.
“Greenville, Texas, is a strategic site for Solvay where in recent years we have invested several million dollars in capacity and modernization resulting in a double-digit employment growth. This new expansion will enable us to further meet growing customer demand for Solvay’s market-leading Out-of-Autoclave technologies” said Tracy Price, Executive Vice-President Global Operations, Solvay Composite Materials.
“I am proud to have contributed to this investment decision, along with the Greenville Board of Economic Development, the City of Greenville and Hunt County. This expansion will have a positive impact on the local community through the creation of additional jobs at the site and the surrounding Hunt County area” said Judge John Horn.
Solvay’s Greenville, Texas, site currently has over 300 full-time employees and recruiting efforts are ongoing.
Solvay is an advanced materials and specialty chemicals company, committed to developing chemistry that addresses key societal challenges. Solvay innovates and partners with customers worldwide in many diverse end markets. Its products are used in planes, cars, batteries, smart and medical devices, as well as in mineral and oil and gas extraction, enhancing efficiency and sustainability. Its lightweighting materials promote cleaner mobility, its formulations optimize the use of resources and its performance chemicals improve air and water quality. Solvay is headquartered in Brussels with around 26,800 employees in 61 countries. Net sales were €10.1 billion in 2017, with 90% from activities where Solvay ranks among the world’s top 3 leaders, resulting in an EBITDA margin of 22%. Solvay SA (SOLB.BE) is listed on Euronext Brussels and Paris (Bloomberg: SOLB.BB – Reuters: SOLB.BR) and in the United States its shares (SOLVY)