Spolchemie’s general manager, Francois Vleugels, has sent me a Powerpoint presentation detailing his strategy for rescuing the ailing Czech epoxy resin producer. He is presenting this at the World Refining Association’s Global Petrochemicals conference in Vienna this week.
As you’ll see, Vleugels’ plan involves steep cost cuts, process optimisation, and major moves to improve the company’s image amongst disillusioned customers.
Vleugels seems to thrive on the stress of rescuing distressed businesses and is already looking for his next challenge. Rather him than me.