NOTE F44 List of companies included in the consolidation scope
- Index
- 36 NOTE F36 Commitments to acquire property, plant, and equipment, and intangible assets
- 37 NOTE F37 Contingent liabilities
- 38 NOTE F38 Dividends proposed for distribution
- 39 NOTE F39 Associates and joint ventures
- 40 NOTE F40 Joint operations
- 41 NOTE F41 Non-controlling interests (continuing operations)
- 42 NOTE F42 Related parties
- 43 NOTE F43 Events after the reporting period
- 44 NOTE F44 List of companies included in the consolidation scope
The Group consists of Solvay SA and a total of 363 investees.
Of these 363 investees, 199 are fully consolidated, 8 are proportionately consolidated, and 18 are accounted for under the equity method, whilst the other 138 do not meet the criteria of significance.
List of companies entering or leaving the Group
Companies entering the Group
Country |
Company |
Comments |
||
BRAZIL |
Fiopart Participacoes Servicos e Comercio de Fios Texteis e Industries pte |
New company |
||
FRANCE |
Rhodia Acetow France S.A.S. |
Meets the consolidation criteria |
||
GERMANY |
European Carbon Fiber GmbH |
New company |
||
ITALY |
Cogeneration Rosignano S.r.l. |
New company |
||
MEXICO |
Solvay Industrial S.de R.L. de C.V |
Meets the consolidation criteria |
||
SINGAPORE |
Solvay Acetows Asia Pacific Pte. Ltd |
Meets the consolidation criteria |
Companies leaving the Group
Country |
Company |
Comments |
||
BELGIUM |
Advanced Biochemical Europe |
Sold to AGC Asahi Glass |
||
|
Solvay Coordination Internationale des Crédits Commerciaux S.A. |
Liquidated |
||
BRAZIL |
Cytec Comercio de Materiais Compostos E Produtos Quimicos do Brasil Ltda |
Merged into Rhodia Poliamida e Especialidades Ltda |
||
|
Dacarto Benvic SA |
Sold to the joint venture partners |
||
|
Fiopart Participacoes Servicos e Comercio de Fios Texteis e Industries pte |
Sold to Blackstone |
||
BULGARIA |
Deven AD |
Merged into Solvay Sodi AD |
||
CAYMAN ISLANDS |
Blair International Insurance (Cayman) Ltd |
Liquidated |
||
CHINA |
Solvay Biochemical (Taixing) Co. Ltd |
Sold to AGC Asahi Glass |
||
FRANCE |
Solvay Tavaux S.A.S. |
Sold to Inovyn |
||
|
Gie Osiris |
Sold to Blackstone |
||
|
Rhodia Acetow France S.A.S. |
Sold to Blackstone |
||
GERMANY |
Solvay Acetow GmbH |
Sold to Blackstone |
||
|
Warmeverbundkraftwerk Freiburg GmbH, Freiburg |
Sold to Blackstone |
||
JAPAN |
Cytec Industries Japan LLC |
Merged into Solvay Japan K.K. |
||
LUXEMBOURG |
C.I.I. Luxembourg Sarl |
Merged into Cytec Luxembourg International Holdings Sarl |
||
NETHERLANDS |
Cytec Netherlands Holdings B.V. |
Merged into Solvay Solutions Nederland B.V. |
||
RUSSIA |
Sertow OOO |
Sold to Blackstone |
||
UNITED KINGDOM |
Solvay Chemicals Ltd |
Liquidated |
||
|
Holmes Chapel Trading Ltd |
No longer meets the consolidation criteria |
||
SINGAPORE |
Cytec Industries PTE Ltd |
Merged into Solvay Specialty Chemicals Asia Pacific Pte |
||
|
Solvay Acetow Asia Pacific Pte. Ltd |
Sold to Blackstone |
||
|
Vinythai Holding Pte Ltd. |
Sold to AGC Asahi Glass |
||
THAILAND |
Advanced Biochemical (Thailand) Company Ltd |
Sold to AGC Asahi Glass |
||
|
Vinythai Public Company Ltd. |
Sold to AGC Asahi Glass |
||
SPAIN |
Solvay Energy Services Iberica, S.L. |
Liquidated |
||
UNITED STATES |
Cytec Olean Inc. |
Sold to Elantas |
||
|
Primester |
Sold to Blackstone |
||
VENEZUELA |
Rhodia Silices de Venezuela C.A. |
No longer meets the consolidation criteria |
||
VIETNAM |
Rhodia Nuoc Trong Biogas LLC |
Sold to Nuoc Trong Tapioca Joint Stock Company |
List of subsidiaries
Indicating the percentage holding
The percentage of voting rights is very close to the percentage holding.
ARGENTINA |
||
Solvay Argentina SA, Buenos Aires |
100 |
|
Solvay Quimica SA, Buenos Aires |
100 |
|
AUSTRALIA |
||
Cytec Asia Pacific Holdings Pty Ltd, Baulkham Hills |
100 |
|
Cytec Australia Holdings Pty Ltd, Baulkham Hills |
100 |
|
Solvay Interox Pty Ltd, Banksmeadow |
100 |
|
AUSTRIA |
||
Solvay Österreich GmbH, Wien |
100 |
|
BELGIUM |
||
Carrières les Petons S.P.R.L., Walcourt |
100 |
|
Cytec Belgium bvba, Brussels |
100 |
|
Solvay Chemicals International S.A., Brussels |
100 |
|
Solvay Chimie S.A., Brussels |
100 |
|
Solvay Energy S.A., Brussels |
100 |
|
Solvay Participations Belgique S.A., Brussels |
100 |
|
Solvay Pharmaceuticals S.A. - Management Services, Brussels |
100 |
|
Solvay Specialty Polymers Belgium SA / NV, Brussels |
100 |
|
Solvay Stock Option Management S.P.R.L., Brussels |
100 |
|
BRAZIL |
||
Cogeracao de Energia Electricica Paraiso SA, Brotas |
100 |
|
Rhodia Brazil Ltda, Sao Paolo |
100 |
|
Rhodia Poliamida Brasil Ltda , Sao Paolo |
100 |
|
Rhodia Poliamida e Especialidades Ltda, Sao Paolo |
100 |
|
Rhopart-Participacoes Servidos e Comercio Ltda, Sao Paolo |
100 |
|
BULGARIA |
||
Solvay Bulgaria EAD, Devnya |
100 |
|
CANADA |
||
Cytec Canada Inc, Niagara Falls Welland |
100 |
|
Solvay Canada Inc, Toronto |
100 |
|
CHINA |
||
Baotou Solvay Rare Earths Company Ltd, Baotou |
55 |
|
Beijing Rhodia Eastern Chemical Co., Ltd, Beijing |
60 |
|
Cytec Industries Co. Ltd, Shanghai |
100 |
|
Cytec Engineered Materials Co. Ltd, Shanghai |
100 |
|
Liyang Solvay Rare Earth New Material Co., Ltd, Liyang City |
96.3 |
|
Rhodia Hong Kong Ltd, Hong Kong |
100 |
|
Solvay (Beijing) Energy Technology Co., Ltd, Beijing |
100 |
|
Solvay (Shanghai) Engineering Plastics Co., Ltd, Shanghai |
100 |
|
Solvay (Shanghai) International Trading Co., Ltd, Shanghai |
100 |
|
Solvay (Shanghai) Ltd, Shanghai |
100 |
|
Solvay (Zhangjiagang) Specialty Chemicals Co. Ltd, Suzhou |
100 |
|
Solvay (Zhenjiang) Chemicals Co., Ltd, Zhenjiang New area |
100 |
|
Solvay Chemicals (Shanghai) Co. Ltd, Shanghai |
100 |
|
Solvay China Co., Ltd, Shanghai |
100 |
|
Solvay Fine Chemical Additives (Qingdao) Co., Ltd, Qingdao |
100 |
|
Solvay Hengchang (Zhangjiagang) Specialty Chemical Co., Ltd, Zhangjiagang City |
70 |
|
Solvay Lantian (Quzhou) Chemicals Co., Ltd, Zhejiang |
55 |
|
Solvay Silica Qingdao Co., Ltd, Qingdao |
100 |
|
Solvay Speciality Polymers (Changshu) Co. Ltd, Changshu |
100 |
|
Suzhou Interox Sem Co. Ltd, Suzhou |
100 |
|
Zhuhai Solvay Specialty Chemicals Co Ltd, Zhuhai City |
100 |
|
CHILE |
||
Cytec Chile Ltda, Santiago |
100 |
|
EGYPT |
||
Solvay Alexandria Sodium Carbonate Co, Alexandria |
100 |
|
Solvay Alexandria Trading LLC., Alexandria |
100 |
|
FINLAND |
||
Solvay Chemicals Finland Oy, Voikkaa |
100 |
|
FRANCE |
||
Cogénération Chalampe S.A.S., Puteaux |
100 |
|
Cogénération Tavaux SAS, Paris |
33.3 |
|
Cytec Process Materials Sarl, Toulouse |
100 |
|
RHOD V S.N.C., Courbevoie |
100 |
|
RHOD W S.N.C., Courbevoie |
100 |
|
Rhodia Chimie S.A.S., Aubervilliers |
100 |
|
Rhodia Energy GHG S.A.S., Puteaux |
100 |
|
Rhodia Laboratoire du Futur S.A.S., Pessac |
100 |
|
Rhodia Operations S.A.S., Aubervilliers |
100 |
|
Rhodia Participations S.N.C., Courbevoie |
100 |
|
Rhodianyl S.A.S., Saint-Fons |
100 |
|
Solvay - Opérations - France S.A.S., Paris |
100 |
|
Solvay - Fluorés - France S.A.S., Paris |
100 |
|
Solvay Energie France S.A.S., Paris |
100 |
|
Solvay Energy Services S.A.S., Puteaux |
100 |
|
Solvay Finance France S.A., Paris |
100 |
|
Solvay Finance S.A., Paris |
100 |
|
Solvay France S.A., Courbevoie |
100 |
|
Solvay Participations France S.A., Paris |
100 |
|
Solvay Speciality Polymers France S.A.S., Paris |
100 |
|
Solvin France S.A., Paris |
100 |
|
GERMANY |
||
Cavity GmbH, Hannover |
100 |
|
Cytec Engineered Materials GmbH, Oestringen |
100 |
|
European Carbon Fiber GmbH, Kelheim |
100 |
|
Horizon Immobilien AG, Hannover |
100 |
|
Salzgewinnungsgesellschaft Westfalen GmbH & Co KG, Hannover |
65 |
|
German limited partnership, which makes use of the exemptions offered by Section 264(b) of the German Commercial Code, not to publish their annual financial statements |
||
Solvay Chemicals GmbH, Hannover |
100 |
|
Solvay Fluor GmbH, Hannover |
100 |
|
Solvay Flux GmbH, Hannover |
100 |
|
Solvay GmbH, Hannover |
100 |
|
Solvay Infra Bad Hoenningen GmbH, Hannover |
100 |
|
Solvay P&S GmbH, Freiburg |
100 |
|
Solvay Specialty Polymers Germany GmbH, Hannover |
100 |
|
Solvin GmbH & Co. KG - PVDC, Rheinberg |
100 |
|
Solvin Holding GmbH, Hannover |
100 |
|
INDIA |
||
Cytec India Specialty Chemicals & Materials Private Ltd, Nagpur |
100 |
|
Rhodia Polymers & Specialties India Private Limited, Mumbai |
100 |
|
Rhodia Specialty Chemicals India Private Limited, Mumbai |
100 |
|
Solvay Specialities India Private Limited, Mumbai |
100 |
|
Sunshield Chemicals Limited, Mumbai |
62.4 |
|
INDONESIA |
||
PT. Cytec Indonesia, Jakarta |
100 |
|
IRELAND |
||
Solvay Finance Ireland Unlimited, Dublin |
100 |
|
ITALY |
||
Cytec Process Materials S.r.l., Mondovi |
100 |
|
Solvay Chimica Italia S.p.A., Milano |
100 |
|
Solvay Energy Services Italia S.r.l., Bollate |
100 |
|
Solvay Solutions Italia S.p.A. , Milano |
100 |
|
Solvay Specialty Polymers Italy S.p.A., Milano |
100 |
|
JAPAN |
||
Nippon Solvay KK, Tokyo |
100 |
|
Solvay Japan KK, Tokyo |
100 |
|
Solvay Nicca Ltd, Tokyo |
60 |
|
Solvay Special Chem Japan Ltd, Anan City |
67 |
|
Solvay Specialty Polymers Japan KK, Minato Ku-Tokyo |
100 |
|
LATVIA |
||
Solvay Business Services Latvia SIA, Riga |
100 |
|
LUXEMBOURG |
||
Cytec Luxembourg International Holdings S.a.r.l., Capellen |
100 |
|
Solvay Chlorovinyls Holding S.a.r.l., Capellen |
100 |
|
Solvay Finance (Luxembourg) S.A., Capellen |
100 |
|
Solvay Hortensia S.A., Capellen |
100 |
|
Solvay Luxembourg S.a.r.l., Capellen |
100 |
|
MEXICO |
||
Cytec de Mexico S.A. de C.V., Jalisco |
100 |
|
Solvay Industrial S.de R.L. de C.V., Mexico |
100 |
|
Solvay Fluor Mexico S.A. de C.V., Ciudad Juarez |
100 |
|
Solvay Mexicana S. de R.L. de C.V., Monterrey |
100 |
|
NETHERLANDS |
||
Cytec Industries B.V., Vlaardingen |
100 |
|
Cytec Industries Europe C.V., Vlaardingen |
100 |
|
Onecarbon International B.V., Utrecht |
100 |
|
Rhodia International Holdings B.V., Den Haag |
100 |
|
Solvay Chemicals and Plastics Holding B.V., Linne-Herten |
100 |
|
Solvay Chemie B.V., Linne-Herten |
100 |
|
Solvay Solutions Nederland B.V., Klundert |
100 |
|
Solvin Holding Nederland B.V., Linne-Herten |
100 |
|
NEW ZEALAND |
||
Solvay New Zealand Ltd, Auckland |
100 |
|
PERU |
||
Cytec Peru S.A.C., Lima |
100 |
|
POLAND |
||
Solvay Engineering Plastics Poland Sp z.o.o., Gorzow Wielkopolski |
100 |
|
Solvay Advanced Silicas Poland Sp. z o.o. |
100 |
|
PORTUGAL |
||
Solvay Business Services Portugal Unipessoal Lda, Carnaxide |
100 |
|
Solvay Portugal - Produtos Quimicos S.A., Povoa |
100 |
|
RUSSIA |
||
Solvay Vostok OOO, Moscow |
100 |
|
SINGAPORE |
||
Rhodia Amines Chemicals Pte Ltd , Singapore |
100 |
|
Solvay Fluor Holding (Asia-Pacific) Pte. Ltd., Singapore |
100 |
|
Solvay Specialty Chemicals Asia Pacific Pte. Ltd., Singapore |
100 |
|
SOUTH KOREA |
||
Cytec Korea Inc, Seoul |
100 |
|
Daehan Solvay Special Chemicals Co., Ltd, Seoul |
100 |
|
Solvay Chemicals Korea Co. Ltd, Seoul |
100 |
|
Solvay Energy Services Korea Co. Ltd, Seoul |
100 |
|
Solvay Korea Co. Ltd, Seoul |
100 |
|
Solvay Silica Korea Co. Ltd, Incheon |
100 |
|
Solvay Specialty Polymers Korea Company Ltd, Seoul |
100 |
|
SPAIN |
||
Solvay Quimica S.L., Barcelona |
100 |
|
Solvay Solutions Espana S.L., Madrid |
100 |
|
SWITZERLAND |
||
Solvay (Schweiz) AG, Bad Zurzach |
100 |
|
Solvay Vinyls Holding AG, Bad Zurzach |
100 |
|
THAILAND |
||
Solvay Asia Pacific Company Ltd, Bangkok |
100 |
|
Solvay (Bangpoo) Specialty Chemicals Ltd, Bangkok |
100 |
|
Solvay (Thailand) Ltd, Bangkok |
100 |
|
Solvay Peroxythai Ltd, Bangkok |
100 |
|
UNITED KINGDOM |
||
Advanced Composites Group Holdings Ltd, Heanor |
100 |
|
Advanced Composites Group Investments Ltd, Heanor |
100 |
|
Cytec Engineered Materials Ltd, Wrexham |
100 |
|
Cytec Industrial Materials (Derby) Ltd, Heanor |
100 |
|
Cytec Industrial Materials (Manchester) Ltd, Heanor |
100 |
|
Cytec Industries UK Holdings Ltd, Wrexham |
100 |
|
Cytec Industries UK Ltd, Wrexham |
100 |
|
Cytec Med-Lab Ltd, Heanor |
100 |
|
Cytec Process Materials (Keighley) Ltd, Keighley |
100 |
|
McIntyre Group Ltd, Watford |
100 |
|
Med-Lab International Ltd, Heanor |
100 |
|
Rhodia Holdings Ltd, Watford |
100 |
|
Rhodia International Holdings Ltd, Oldbury |
100 |
|
Rhodia Limited, Watford |
100 |
|
Rhodia Organique Fine Ltd, Watford |
100 |
|
Rhodia Overseas Ltd, Watford |
100 |
|
Rhodia Pharma Solutions Holdings Ltd, Cramlington |
100 |
|
Rhodia Pharma Solutions Ltd, Cramlington |
100 |
|
Rhodia Reorganisation, Watford |
100 |
|
Solvay Interox Ltd, Warrington |
100 |
|
Solvay Solutions UK Ltd, Watford |
100 |
|
Solvay UK Holding Company Ltd, Warrington |
100 |
|
Umeco Composites Ltd, Heanor |
100 |
|
Umeco Ltd, Heanor |
100 |
|
UNITED STATES |
||
Ausimont Industries, Inc., West Deptford, NJ |
100 |
|
CEM Defense Materials LLC, Tempe, AZ |
100 |
|
Cytec Aerospace Materials (ca) Inc., Princeton, NJ |
100 |
|
Cytec Carbon Fibers LLC, Piedmont, SC |
100 |
|
Cytec Engineered Materials Inc., Tempe, AZ |
100 |
|
Cytec Global Holdings Inc., Princeton, NJ |
100 |
|
Cytec Industrial Materials (ok) Inc., Tulsa, OK |
100 |
|
Cytec Industries Inc, Princeton, NJ |
100 |
|
Cytec Korea Inc., Princeton, NJ |
100 |
|
Cytec Overseas Corp., Princeton, NJ |
100 |
|
Cytec Process Materials (ca) Inc., Santa Fe Springs, CA |
100 |
|
Cytec Technology Corp., Princeton, NJ |
100 |
|
Garret Mountain Insurance Co., Burlington, VT |
100 |
|
IMC Mining Chemicals LLC, Princeton, NJ |
100 |
|
Netherlands Cytec GP Inc., Princeton, NJ |
100 |
|
Rocky Mountain Coal Company, LLC, Houston, TX |
100 |
|
Solvay America Holdings, Inc., Houston, TX |
100 |
|
Solvay America Inc., Houston, TX |
100 |
|
Solvay Biomass Energy LLC, Houston, TX |
100 |
|
Solvay Chemicals, Inc., Houston, TX |
100 |
|
Solvay Energy Holding LLC, Princeton, NJ |
100 |
|
Solvay Finance (America) LLC, Houston, TX |
100 |
|
Solvay Financial Services INC., Wilmington, DE |
100 |
|
Solvay Fluorides, LLC., Houston, TX |
100 |
|
Solvay Holding Inc., Princeton, NJ |
100 |
|
Solvay India Holding Inc., Princeton, NJ |
100 |
|
Solvay Soda Ash Expansion JV, Green River, WY |
80 |
|
Solvay Soda Ash Joint Venture, Houston, TX |
80 |
|
Solvay Specialty Polymers USA, LLC, Alpharetta, GA |
100 |
|
Solvay USA Inc., Princeton, NJ |
100 |
|
URUGUAY |
||
Alaver SA, Montevideo |
100 |
|
Zamin Company SA, Montevideo |
100 |
List of joint operations
AUSTRIA |
||
Solvay Sisecam Holding AG, Wien |
75 |
|
BELGIUM |
||
BASF Interox H2O2 Production N.V., Brussels |
50 |
|
BULGARIA |
||
Solvay Sodi AD, Devnya |
73.5 |
|
FRANCE |
||
Butachimie S.N.C. , Courbevoie |
50 |
|
NETHERLANDS |
||
MTP HP JV C.V., Weesp |
50 |
|
MTP HP JV Management bv, Weesp |
50 |
|
SAUDI ARABIA |
||
Saudi Hydrogen Peroxide Co, Jubail |
50 |
|
THAILAND |
||
MTP HP JV (Thailand) Ltd, Bangkok |
50 |
List of companies consolidated by applying the equity method of accounting
Joint ventures
BELGIUM |
||
EECO Holding SA, Brussels |
33.3 |
|
BRAZIL |
||
Peroxidos do Brasil Ltda, Sao Paulo |
69.4 |
|
CHINA |
||
Shandong Huatai Interox Chemical Co. Ltd, Dongying |
50 |
|
FRANCE |
||
Cogénération Belle Etoile SAS, Paris |
33.3 |
|
GERMANY |
||
Solvay & CPC Barium Strontium GmbH & Co KG, Hannover |
75 |
|
Solvay & CPC Barium Strontium International GmbH, Hannover |
75 |
|
INDIA |
||
Hindustan Gum & Chemicals Ltd, New Delhi |
50 |
|
ITALY |
||
Cogeneration Rosignano S.r.l., Rosignano |
25.4 |
|
Cogeneration Spinetta S.p.a. , Bollate |
33.3 |
|
MEXICO |
||
Solvay & CPC Barium Strontium Monterrey S. de R.L. de C.V., Monterrey |
75 |
|
Solvay & CPC Barium Strontium Reynosa S. de R.L. de C.V., Reynosa |
75 |
|
RUSSIA |
||
Rusvinyl OOO, Moscow |
50 |
Associates
CHINA |
||
Qingdao Hiwin Solvay Chemicals Co. Ltd, Qingdao |
30 |
|
FRANCE |
||
GIE Chime Salindres, Salindres |
50 |
|
INDONESIA |
||
Solvay Manyar P.T. , Gresik |
50 |
|
MEXICO |
||
Silicatos y Derivados S.A. DE C.V., Tlalnepantla |
20 |
|
POLAND |
||
Zaklad Energoeloctryczny Energo-Stil Sp. z o.o., Gorzow Wielkopolski |
25 |
|
UNITED KINGDOM |
||
Penso Holdings Ltd, Coventry |
20 |