Syensqo

Additional Details

Syensqo is a publicly traded Belgian multinational that produces advanced materials such as specialty polymers and composite materials. Syensqo was created in December 2023 through a spin-off from the Solvay Group. Syensqo supplies composite materials for the manufacture of Unmanned Aerial Vehicles (UAVs) used by the Israeli military in the occupied West Bank and Gaza. The company supplies the MTM 46 epoxy prepreg system to Elbit Systems' Hermes 450 and Hermes 650 Spark UAVs, both used by the Israeli military. The MTM46 is a toughened epoxy resin used for the manufacture of aircraft structures, and in particular for UAVs. This model of UAV has been linked to the killing of civilians in Gaza including seven international aid workers. In January 2025, it was reported that cargo documents exposed at least ten export deliveries sent between November 2023 and March 2024 from Syensqo’s facility in Wrexham, UK, to an address in Israel corresponding to Elbit systems fully owned subsidiary, Cyclone Ltd. -- Listed on Euronext (SYENS), Syensqo (formerly Solvay) is backed by leading sovereign wealth funds, most notably NBIM.