Tristan Lamar's questions to Solvay SA (SLVYY) leadership • Q1 2024
Question
Tristan Lamar of Deutsche Bank AG asked about Solvay's remaining exposure to PFAS chemicals post-demerger, including any outstanding provisions and the specific businesses involved.
Answer
CEO Philippe Kehren stated that exposure is limited to one product, trifluoroacetic acid (TFA), produced at a single site. He clarified that while TFA is technically a PFAS, it is a small, non-polymeric molecule that does not accumulate in the body. He described the business as very small for Solvay and confirmed the company is compliant and continues to invest in emission reduction.