SYENS on Euronext Brussels

SYENSQO

Logo: Syensqo SA/NV, Public domain, via Wikimedia Commons4

Belgian advanced materials company

Syensqo is a Belgian multinational chemicals and advanced materials company, headquartered in Brussels, Belgium. It was established in December 2023, through the spin-off from Solvay. The current CEO is Mike Radossich, who succeeded Ilham Kadri in January 2026.2 It employed about 13,000 people in 2026.1 Its revenue was €6 billion in 2025.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

Feb 27, 2023Founded1

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  • TickerSYENS on Euronext Brussels1
  • Industrychemical industry, specialty chemicals1
  • HeadquartersBrussels1
  • Websitewww.syensqo.com
  • Legal formPublic limited company (Belgium)1
  • LEI549300060XNJ90PLNS103
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressRUE DE LA FUSÉE 98, 1130 Brussels, Belgium3
  • Registered withFederal Public Service Economy (Ministry of Economy), 0798.896.4533

Syensqo (pronounced “Science Co”) is a Belgian multinational chemicals and advanced materials company, headquartered in Brussels, Belgium. It was established in December 2023, through the spin-off from Solvay. The current CEO is Mike Radossich, who succeeded Ilham Kadri in January 2026.2

Corporate structure

SYENSQO is part of a group headed by Solvay S.A.. 67 entities, 23 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Solvay S.A. Brussels, Belgium
    • Solvay GmbH Deutschland, Germany
    • SOLVAY QUIMICA S.L. Torrelavega, Spain
      • SOLVAY PEROXIDOS PORTUGAL, SOCIEDADE UNIPESSOAL LDA Subsidiary · Lisbon, Portugal
    • SYENSQO Brussels, Belgium
      • SYENSQO FINANCE FRANCE Subsidiary · Lyon, France
        • BASF PERFORMANCE POLYAMIDES INDIA PRIVATE LIMITED Subsidiary · Mumbai, India
        • RHODIA OPERATIONS Subsidiary · Lyon, France
        • SOLVAY ENGINEERING PLASTICS POLAND SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ Subsidiary · Gorzów Wielkopolski, Poland
      • SYENSQO Branch · Brussels, Belgium
    • Rhodia Subsidiary · Courbevoie
    • Société belge de Banque Subsidiary · Brussels
    • Solvay (China) Subsidiary · Shanghai, People's Republic of China
    • Solvay (Italy) Subsidiary · Bollate, Italy
    • Solvay (United States) Subsidiary · Houston, United States
    • Cytec Industries B.V. Subsidiary · 100% · Rotterdam, Netherlands
      • SOLVAY (THAILAND) LIMITED (บริษัท โซลเวย์ (ประเทศไทย) จำกัด) Subsidiary · Rayong, Thailand
    • 솔베이실리카코리아(주) Subsidiary · 100% · Gunsan-si, South Korea
    • 한국솔베이 주식회사 Subsidiary · 100% · Seoul, South Korea
    • CARRIÈRES LES PETONS Subsidiary · Walcourt, Belgium
    • Deutsche Solvay-Werke Subsidiary · Germany
    • Groupe Fournier Subsidiary · France
    • HESTIA Subsidiary · Brussels, Belgium
    • HORIZON IMMOBILIEN GMBH Subsidiary · Deutschland, Germany
    • NIPPON SOLVAY K.K. (日本ソルベイ株式会社) Subsidiary · Tokyo, Japan
    • P.T. CYTEC INDONESIA Subsidiary · Jakarta, Indonesia
    • P.T. SOLVAY CHEMICALS INDONESIA, JAKARTA BARAT Subsidiary · Jakarta, Indonesia
    • RHODIA BRASIL S.A Subsidiary · Sao Paulo, Brazil
    • RHODIA CHIMIE Subsidiary · Lyon, France
      • SOLVAY JAPAN, LTD. (ソルベイジャパン株式会社) Subsidiary · Tokyo, Japan
    • Solvay (Netherlands) Subsidiary
    • Solvay American Investment Subsidiary · United States
    • SOLVAY ASIA PACIFIC CO., LTD. (บริษัท โซลเวย์ เอเชีย แปซิฟิค จำกัด) Subsidiary · Bangkok, Thailand
    • SOLVAY CANADA INC. Subsidiary · Toronto, Ontario, Canada
    • and 24 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

In 2022, Solvay announced the intention to separate into two independent stock listed companies: Solvay and Syensqo.

Solvay would retain its historic soda ash, Peroxides, Silica, and Coatis production, as well as the Specialty Chemicals division. The Materials, Composites, and Solutions divisions were split off into Syensqo. The goal of separating the two companies was to give independence and flexibility in pursuing different strategies.

The name Syensqo is explained as follows: SY represents the first and last letters in Solvay. EN is a nod to Solvay’s founder, Ernest Solvay. SYENS refers to Solvay’s scientific heritage, which goes back to 1911, when Ernest Solvay brought 24 scientists together for the first Solvay Conference. Q refers to quantum physics, which was discussed at the conference. QO is for company.

On Friday, December 8, 2023, shareholders approved the plan to split Solvay into two separate entities. As a result, Ilham Kadri, former CEO of Solvay, became the CEO of Syensqo, whereas Philippe Kehren became the CEO of Solvay.

The split became effective on December 11th, 2023, with shares listed on Euronext Brussels and Euronext Paris. On September 16, 2024 Syensqo announced its intention to delist from Euronext Paris.

From Wikipedia’s article on Syensqo, shared under CC BY-SA 4.0.5

Leadership

Who has led SYENSQO, and when. Pick a name to see everywhere that person has worked.

Products and brands

  • biobased material
  • biopolymer
  • composite material
  • fluoropolymer
  • polyvinylidene fluoride
  • specialty chemicals

Listed on Wikidata.1

Operations

Syensqo researches and produces advanced materials for use in both industrial and consumer applications. Its businesses include specialty polymers, composites, surfactants, aroma, technology solutions, as well as growth platforms in batteries, green hydrogen, thermoplastic composites, renewable materials, and biotechnology.

Business segments

Syensqo’s activities are organized into two primary business segments: Materials and Performance & Care.

Materials

This segment develops high-performance materials for industries such as aerospace, automotive and transportation, electronics and healthcare. It is divided into two sub-segments: Composite materials and Specialty polymers.

Read the full text

The composite materials sub-segment includes thermoset and thermoplastic composites, carbon fiber prepregs, resin systems, and adhesives used in aerospace, automotive and energy applications.

The specialty polymers sub-segment comprises high-performance plastics designed for heat and chemical resistance. It includes fluoropolymers, fluoroelastomers, fluorinated fluids, semi-aromatic polyamides, sulfone polymers, ultra-high performance aromatic polymers, high-barrier polymers, polymer stabilizers and solvents used in automotive, electronics and industrial applications.

Performance & Care

This segment produces specialty chemicals, such as surfactants, natural and synthetic polymers, solvents, and additives. These products are used primarily in the consumer care, agriculture, mining, and coatings markets.

Products

Syensqo produces a range of materials and specialty chemicals used in industrial, consumer, and energy-related applications.

Specialty polymers and fluoropolymers

Syensqo manufactures polymers designed for applications requiring thermal stability, mechanical strength, and chemical resistance. These include polyarylsulfones and other high-purity polymers used in filtration systems, medical technologies, and processing environments.

Its portfolio includes polysulfone-based materials, polyamides, liquid-crystal polymers, and polyaryletherketones such as PEEK and PEKK, as well as barrier polymers (PVDC) used in packaging and industrial applications.

The company also produces fluoropolymers (PVDF, ECTFE, PTFE), as well as fluoroelastomers (FKM) and perfluoroelastomers (FFKM), which are used in industries such as electronics, energy, chemical processing, and semiconductor manufacturing.

It has also introduced fluorinated elastomers manufactured without certain fluorosurfactants associated with PFAS chemistry. Additional materials include fluorinated fluids (PFPE), used in lubrication and heat-transfer applications.

Other products include perfluorosulfonic acid (PFSA) ionomers used as ion-conducting materials in electrochemical technologies such as fuel cells and water electrolysis, as well as electroactive polymers (EAP) used in sensors, actuators, and related devices.

Composite materials

Syensqo produces composite materials, including carbon fiber, resin systems, and adhesives used in aerospace, automotive, and industrial applications.

These include thermoset and thermoplastic composites, including pre-impregnated materials (prepregs), as well as carbon fibers, resin formulations, and bonding materials such as adhesive films and pastes.

The company also supplies materials for surface treatments and lightning strike protection in composite structures used in aircraft and other applications. These materials are used in the manufacture of lightweight structural components in sectors such as aerospace, automotive and transportation, and industry, including airframe structures, propulsion systems, and related components.

Specialty chemicals

Syensqo supplies specialty chemical ingredients used mainly in consumer care, mining, coatings, and agricultural applications.

These include ingredients derived from renewable feedstocks that are used in home and personal care formulations, as well as reagents used in the recovery and separation of metals such as lithium, nickel, and cobalt.

The company also produces additives, monomers, solvents, and emulsifiers used in paints, coatings, and adhesives. In addition, it supplies formulation aids and adjuvants used in agricultural applications, including crop protection, seed treatment, and related formulations.

Bio-based and circular materials

Syensqo develops materials formulated with renewable or recycled feedstocks. These include polymers, composite materials and surfactants incorporating bio-based or recycled content used in applications such as consumer care, electronics, automotive, transportation, and industrial applications.

Locations and manufacturing facilities

Syensqo’s headquarters is located in Brussels, Belgium. As of late 2025, the company operates 54 industrial sites and 12 major research and innovation (R&I) centers across 30 countries.

Americas

Syensqo operates 26 production sites and 9 R&I centers across the Americas, with major facilities located in the United States and Canada. In the United States, sites include Orange and Anaheim (California), Winona (Minnesota), Marietta (Ohio), Mount Pleasant (Tennessee), Alpharetta and Winder (Georgia), as well as a facility in Augusta, Georgia, supporting materials used in electric‑vehicle battery applications. In Canada, operations include facilities in Welland, Niagara Falls, Ontario.

Europe

European operations are primarily concentrated in France, Italy, and Germany.

In France, the company maintains facilities in Tavaux, Clamecy, and Melle, covering advanced polymer activities and the production of ingredients for consumer applications, including personal and home care.

In Italy, operations include sites in Spinetta Marengo and Bollate, associated with specialty polymers and high‑performance fluids, and Ospiate for consumer applications, while facilities in Heanor and Wrexham are used for advanced and composite materials activities in the United Kingdom.

Asia-Pacific

In the Asia-Pacific region, Syensqo operates production sites and R&I centers mainly across China, India, and South Korea.

In China, a major R&I center is based in Shanghai, while major facilities include Changshu, which supports high‑performance fluoropolymer production, and Zhenjiang, which serves consumer applications.

From Wikipedia’s article on Syensqo, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Parent company (GLEIF)

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Employees over time

SYENSQO employees by year113.0K in 2026−1% since 2023
05.0K10.0K15.0K2023: 13.1K13.1K20232024: 13.3K13.3K2024+1%2025: 13.5K13.5K2025+2%2026: 13.0K13.0K2026−4%
  • 202613,0001
  • 202513,5151
  • 202413,2781
  • 202313,1021

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

SYENSQO revenue by year16.0B EUR in 2025−16% since 2023
02.0B EUR4.0B EUR6.0B EUR8.0B EUR2023: 7.1B EUR7.1B EUR20232024: 6.8B EUR6.8B EUR2024−3%2025: 6.0B EUR6.0B EUR2025−13%
  • 20256.0B EUR1
  • 20246.8B EUR1
  • 20237.1B EUR1

Net income

SYENSQO net income by year1-60.0M EUR in 2025
-100.0M EUR0100.0M EUR200.0M EUR2023: 197.0M EUR197.0M EUR20232024: -5.0M EUR-5.0M EUR20242025: -60.0M EUR-60.0M EUR2025+1100%
  • 2025-60.0M EUR1
  • 2024-5.0M EUR1
  • 2023197.0M EUR1

Timeline

  1. Jan 1, 2026New chief executive Mike Radossich becomes CEO1
  2. Dec 11, 2023Went public Listed on Euronext Brussels1
  3. Dec 2023New chief executive Ilham Kadri becomes CEO1
  4. Mar 10, 2023Parent Directly consolidated by Solvay S.A.3
  5. Feb 27, 2023Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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