Solvay SA (Solvay) is Belgium-based, internationally operating chemical industrial group. Solvay's Chemicals division produces materials for high tech applications such as electronics, barium and strontium compounds, calcium chloride, caustic soda, chlorinated products, fluor products, magnesium products, peroxygen products, polyglycerols, precipitated calcium carbonate, soda ash and sodium bicarbonate. The Plastics division produces specialty polymers for the aerospace, energy, automotive and healthcare industries, among others. The Plastics division further includes vinyls for building & construction, consumer goods, healthcare and wire & cable, and plastic pipes and fittings (Pipelife). The New Business Development division, founded in 2010, focuses on fostering new, strategic technologies through research and development, partnering with other companies, supporting start-ups and investments in venture capital funds. Solvay is active in 40 countries worldwide.