MassMutual Asset Finance LLC

Solvay recently embarked on a $92 million project to invest in purpose-built railcar fleet over the next three years.

Solvay, UP Partner to Reduce Soda Ash Carbon Footprint

Belgium-based chemical company Solvay announced Aug. 26 that, with Union Pacific (UP), it has invested in a purpose-built railcar fleet to reduce the carbon footprint of every railcar of soda ash (or sodium carbonate), “the 10th most consumed inorganic compound in the world and a base ingredient for lass and detergent manufacturers,” shipped from the company’s Green River, Wyo., plant.