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Enter Symbol:
Rating: SVYZY

Solvay SA (OTCBB: SVYZY) reiterated to Underweight by JP Morgan

Monday,  Jan 18, 2016  8:25 AM ET by Lynn Gilbert

Solvay SA (OTCBB:
SVYZY) rated Underweight by JP Morgan.

Solvay SA operates in the chemical and plastic businesses worldwide. The company?s Chemicals segment offers barium and strontium products, calcium chloride, caustic soda, allylic products, chlorinated inorganics, chlorinated solvents, fluor, magnesium, peroxygen products, polyglycerols, precipitated calcium carbonate, soda ash, and sodium bicarbonate products, as well as advanced materials for the purposes in electronic; and other high tech applications, such as LCD screens. Its Plastics segment offers ultra polymers, fluorinated fluids, biomaterials, fluoroelastomers, sulfone polymers, fluorinated polymers, fluoropolymer coatings, semi-aromatic polyamides, liquid crystal and high-barrier polymers, PTFE, PVDC, polymers processing aids, and crosslinkable compounds; and vinyls comprising plasticized polyvinyl chloride (PVC) compounds, PVC alloys, rigid PVC compounds, PVC copolymers, emulsion PVC, suspension PVC, and regenerated PVC. Solvay primarily serves chemical, glass, paper, human and animal food processing, construction and architecture, electricity, electronics, automobile, consumer goods, water and environment, and packaging industries, as well as detergents, cleaning, and hygiene product industries. The company was founded in 1863 and is headquartered in Brussels, Belgium.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.

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