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Solvay (XBRU:SOLB) Allowance For Loans And Lease Losses


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What is Solvay Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Solvay (XBRU:SOLB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Solvay SA (XBRU:SOLB) » Definitions » Allowance For Loans And Lease Losses
Address
Rue De Ransbeek, 310, Brussels, BEL, B-1120
Solvay is a Belgium-based producer of chemicals, plastics, and composites. The company has a top-three market position for nearly all of its products. Key business segments include materials, chemicals, and solutions. High-value products include aerospace composites and specialty polymers while traditional chemical products include soda ash and hydrogen peroxide. Geographical exposure is relatively balanced, with Europe, North America, and Asia each contributing a third of sales.