Saudi Hydrogen Peroxide, a new company created by Brussels-based chemicals company Solvay and Sadara Chemical, has started constructing one of the world's largest hydrogen peroxide plants in Jubail on the Gulf coast.
Solvay Group, an international chemical and pharmaceutical group, has announced the successful acquisition of Alexandria Sodium Carbonate Company (ASCC), an Egyptian chemical firm for 760 million Egyptian Pounds.
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Solvay SA, the Belgian drugs, chemicals and plastics maker, said it has bought Egypt's state-controlled Alexandria Sodium Carbonate Company.
Solvay SA was the preferred bidder for the firm after agreeing to pay 100 million euros ($135