Solvay Q3 Hit by Middle East Conflict, Secures Rare Earths Supply

Solvay's Q3 results were impacted by a €25M hit from the temporary shutdown of its Jubail peroxide plant in Saudi Arabia, linked to Middle East conflict. Underlying net profit fell to €35M from €90M year-over-year, but the company maintained its revised annual guidance. Separately, Solvay signed a long-term rare earths supply agreement, partially offsetting geopolitical risk with supply security.

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