COVID-19: Solvay announces EUR1.5-billion impairment charge

COVID-19: Solvay announces EUR1.5-billion impairment charge
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24.06.2020

MOSCOW (MRC) -- Solvay provided a trading update for the second quarter noting that the COVID-19 pandemic has had a major impact on demand from customer industries. The company has also announced a noncash impairment charge, said Chemweek.Solvay says that businesses related to oil and gas, automotive, and aerospace were the most significantly impacted, with revenues down about 40%, wherea

Full article at mrcplast.com

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