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« Ethical » rating of Solvay , group and subsidiaries

Jobs -3% /1998 Pollution 1 Fraud 3 Offshore 1 Sales 9 Bn $.€ /year Profit 3 Bn $.€ /1998 Influence 5
[click on the rating for the method or on the number for the data]

Fournier Groupe France100Les Echos
Innogenetics Belgium100Les Echos
» More subsidiaries of Solvay
address & contact : production type
incentive source
Brazil Brazil
Santo Andre : Production,
 Les Echos
Ireland Ireland
Dublin : R&D
Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Les Echos

  • Human impact

year name
photo position; compensation
2000Michielsen, Alois
See the photo of: Michielsen, Alois Chairman of the Board;
Corporate Europe Observatory
2000Solvay, Denis
See the photo of: Solvay, Denis Honorary chairman;
1999De Royère, Edouard
See the photo of: De Royère, Edouard Director;
1999Janssen, Baron Daniel
See the photo of: Janssen, Baron Daniel Chief Executive Officer;
social impact : country
Merger/Acquisition: France
Internal restructuring: France
Les Echos
country : consequences
1999Brazil : Failure to treat dioxin-contaminated waste, knowlingly selling contaminated cattle feed and food products world-wideGreenpeace

  • Subsidy

  • Advertising & marketing

yearfinancial misdemeanorsalesincome source
2006 The European Commission fined Solvay, Arkema, Ausimont, Akzo Nobel, Kemira, Air Liquide, Degussa 388 million euros for cartel on the peroxide market between 1994 and 2000. Peroxydes are used to bleach the paper pulp and textiles. The companies "exchanged information, limited their production, shared markets and customers and fixed and controlled the prices".    
2006   9,40,79   billion Eu€
2005 Formal charges from the European Commission for forming a cartel in the market for hydrogen peroxyde     Financial Times
2004   1,74   billion Eu€Les Echos
2003   1,83   billion Eu€Les Echos
2002   7,920,5   billion Eu€
2002 Market-sharing and price-fixing cartels affecting vitamin products in Europe: 9,10 million euros fine.     Commission Européenne
2001   8,730,4   billion Eu€
2000   8,860,44   billion Eu€
1999   7,870,42   billion Eu€
1998   8,730,44   billion US$
yearfinancial misdemeanorsalesincomeassetsbuybacksource
 11 informations, access to subscribers
purpose : intermediary/lobby : institution
2000Limit the legal liability, no price control, no list of preferred drugs, hampers the approval and marketing of generic drugs, no drug imports, no limit to drug advertising… : Pharmaceutical Research and Manufacturers of America : : US government, congress, senate translateWashington Post
2000Market access (through WTO), cheaper energy (through energy liberalization in Europe); uniform rules to enable the patenting of plants and animals (through TRIPS); prevent advert legislation on chemicals, self-regulation instead; : CEFIC (European Chemical Industry Council) : : European Commission translateCorporate Europe Observatory
2000Lift the ban on bovine growth hormons, the moratorium on GMOs : EFPIA (European Federation of Pharmaceutical Industry Associations) : : European Commission translateEFPIA
1999Access to public services (privatization through GATS) : ERT (European Roundtable of Industrialists) : : European Commission translateCorporate Europe Observatory
purpose : intermediary/lobby : institution
 4 informations, access to subscribers

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