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Syensqo lists on Euronext Brussels

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  • Syensqo successfully list on Euronext Brussels following the planned separation of Solvay
  • Market capitalisation of €9.5 billion
  • 58th listing on Euronext in 2023 YTD 

    

Brussels – 11 December 2023 – Today, Euronext congratulates Syensqo, the new industry leader in science, on its listing on Euronext Brussels and Paris (ticker code: SYENS).

Syensqo is a science-based company of explorers who seek unexplored perspectives, enable breakthrough innovations and enhance the future of science. It has a strong connection to Solvay’s history of science at the service of mankind, like the Solvay Conferences for Physics and Chemistry that started in 1911. The newly listed company plays a key role in the future of clean mobility, by making the next generation of EV batteries possible and by advancing green hydrogen and thermoplastic composites. It brings about breakthroughs in healthcare applications like hemodialysis and also bio-based solutions, natural ingredients, circular solutions, and more. The businesses within Syensqo generated approximately €7.9 billion in net sales in 2022.

The listing of Syensqo on Euronext Brussels and Paris follows the separation from the industry leader Solvay, which has been listed on Euronext Brussels and Paris since 1967.

The opening price of Syensqo was set at €90.00 per share, resulting in a market capitalisation of €9.5 billion on the day of listing. It is the third largest listing on Euronext Brussels ever.

 

Syensqo - Bell ceremony

Ilham Kadri, CEO of Syensqo, said: “Syensqo is now officially launched to start its independent journey as one of the largest speciality chemicals companies in the world, born from a vision of innovation and growth, dedicated to having a meaningful impact in our industry and to creating breakthroughs that advance humanity.”

 

MEDIA – mediateam@euronext.com 

 

Brussels

Marianne Aalders

+32 26 20 15 01

+31 6 511 460 34

brusselspressoffice@euronext.com

 

 

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