04 April 2011 08:25 [Source: ICIS news]
SINGAPORE (ICIS)--Belgian chemical firm Solvay will integrate four businesses to form a specialty polymer global business unit headquartered in ?xml:namespace>
The unit comprises Solvay Advanced Polymers, Solvay Padanaplast, Solvay Solexis and SolVin PVDC that together accounted for about 15% of Solvay’s group sales, Solvay Solexis said in the statement.
The global business unit has more than 2,500 employees across 26 locations throughout North and South America, Asia and
“Through this transformation, we are well positioned to capitalize on growth in the high-performance specialty polymers market while providing more value to our customers, business partners, employees and communities,” said Augusto Di Donfrancesco, general manager of Solvay Specialty Polymers.
The transformation is expected to be completed by the end of the year, Solvay Solexis said.
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