Syensqo SA/NV was established as an independent, publicly traded specialty science enterprise following the spin-off of Solvay's specialty operations in December 2023. The company operates globally across more than 30 countries with over 50 production facilities and 12 research and innovation centers.
Syensqo structures its business primarily into two main divisions: Materials and Consumer & Resources (subsequently reorganized into Performance & Care and Other Solutions in 2025). In FY 2024, the company generated net sales of €6,563 million. The Materials segment accounted for €3,772 million (approximately 57.5% of net sales), comprising Specialty Polymers (€2,590 million) and Composite Materials (€1,182 million), which supply lightweight carbon-fiber composites and high-temperature specialty polymers (such as PEEK and fluoropolymers) to aerospace, automotive, healthcare, and electronics manufacturers. The Consumer & Resources segment generated €2,791 million (approximately 42.5% of net sales), providing customized surface chemistry solutions, surfactants, mining reagents, and aroma chemicals through global business units including Novecare and Technology Solutions. Syensqo holds leading market positions worldwide in advanced thermoplastic composites and high-performance engineering plastics.
