Brussels -- Solvay has reported a “subdued refrigerant market” in its Q3, 2014 results.
The Belgian company’s chemical blowing agents for polyurethanes moved to a global business unit called special chemicals within its Advanced Materials segment last year, as previously reported at utech-polyurethane.com.
The unit reported overall sales of EUR140m ($174m) during Q3 2014 – a 2.8% drop on sales in Q3, 2013.
The report said: “Special chemicals is refocusing its portfolio towards higher added-value specialties” and added that it benefited from “good business trends for its core products in most of its end markets.”
XE Currency conversion: 14 November, 2014