Fri Oct 04 06:30:00 UTC 2024: ## BNP Paribas Asset Management Acquires Over 3% Stake in Solvay

**Brussels, Belgium – October 4, 2024** – Solvay, the leading chemical company renowned for its commitment to sustainability, announced today that BNP Paribas Asset Management Holding has crossed the 3% ownership threshold in the company.

According to a transparency notification sent by BNP Paribas Asset Management, their holding in Solvay surpassed the 3% mark on October 2nd, 2024. This notification is in accordance with Belgian transparency legislation.

Solvay, with a global workforce of over 9,000 employees, has been a leader in chemical innovation since 1863. Their mission is to deliver essential solutions across the world, tackling crucial challenges like air and water purification, food preservation, and sustainable transportation.

Solvay is dedicated to achieving carbon neutrality by 2050, demonstrating their commitment to a fair and just transition to a more sustainable future. With €4.9 billion in net sales in 2023, Solvay is listed on the Euronext Brussels and Paris stock exchanges under the symbol SOLB.

This acquisition by BNP Paribas Asset Management signals a strong vote of confidence in Solvay’s commitment to sustainability and its position as a leading player in the global chemical industry.

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