Syensqo explores divestment of performance and care chemicals unit

Syensqo is exploring options to divest the unit that makes cleaning and personal care ingredients as well as a suite of industrial chemicals for mining, coatings, and agriculture applications. The operations generated around $380 million in pretax profits on $2.3 billion in sales in 2025, 35% of the firm total. Syensqo aims to focus on specialty materials and technologies for aerospace, defense, electronics, health care, energy, and transportation. Syensqo is the former specialty chemical business of Solvay, which split into two firms in 2023.