Founded in 1863 to produce soda ash using a revolutionary process invented by Ernest Solvay, Solvay was a global chemistry industry pioneer. In the 21st century, the firm continues to be a major industry and technology player. Today, it is primarily a specialty chemicals business with significant legacy commodity products. It has also recently embarked on a shift to specialty materials with its 2015 acquisition of Cytec, a significant carbon fiber composite material producer.
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