🧬 Interested in pharma, biotech and medical device news? Visit PharmaDeviceNews.com →
Browsing Tag

Saudi Arabia

273 posts
Read More

Solvay cuts 2026 profit outlook as Saudi peroxide shutdown and Middle East conflict pressure cash flow

Solvay has cut the midpoint of its 2026 EBITDA forecast by €80 million after Middle East disruption and the continued closure of a Saudi peroxide facility. The company is exploring potential contractual recovery, but weaker cash flow guidance raises questions about how quickly its industrial transformation can restore earnings resilience.