Belgian chemicals maker Solvay expects little impact from U.S. tariffs on its soda ash business, but warns of potential retaliatory moves. The company anticipates macroeconomic and geopolitical issues to continue weighing on volume recovery in 2025. Solvay maintains profitability through resilient pricing of other chemicals and cost savings. It raises its target for annual gross savings to 350 million euros in 2028.
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Source Id: 2025-03-651957482
