Home / Knowledge / News / Textiles / Solvay to align global soda ash business
Solvay to align global soda ash business
25
Dec '12
Solvay, world leader in Soda Ash, announced its decision to proceed with the optimization of its global industrial footprint. The Group’s strategic intent is to reinforce its positioning by adjusting its production capacities in line with differentiated market dynamics and cost-competitiveness considerations. This will allow Solvay to improve the profitability and the cash generation potential of its Soda Ash business.

Demand for Soda Ash in emerging markets, North America, Eastern Europe and Middle East remains satisfactory while Western and Southern Europe are confronted with challenging conditions of long-lasting poor demand and overcapacity.

“These contrasting macroeconomic patterns call for a regional adjustment. As a leading market player, we are determined to adjust our business and align our supply to the demand in the market, namely in the South of Europe and the Mediterranean area”, explains Pascal Juery, the appointed President of Solvay’s newly created Essential Chemicals Global Business Unit.

Solvay, present in North America (Green River, Wyoming) with the most competitive iron-mining industrial assets, is to expand its existing production capacity by c.12% through manufacturing excellence actions requiring a limited amount of investments. This will allow Solvay to follow the market growth in areas such as South America.

In the European market, Solvay will continue to reinforce the competitiveness of its synthetic-based Soda Ash plants by leveraging operational excellence, energy efficiency and maintenance effectiveness. The Group will put a special focus on its world-class synthetic Soda Ash production sites and the development of its leading position in Sodium Bicarbonate. Solvay’s competitive footprint in the region is ideally located to serve these markets.

More specifically in Southern Europe and the Mediterranean basin, Solvay is to address both structural overcapacity due to reduced demand and increasing competitive pressure from the new trona-based competition in the area. Solvay is currently examining solutions to adapt its manufacturing footprint to the expected market demand and will implement an appropriate action plan by mid-2013.

Soda Ash is a white free-flowing granular product mainly used in glass, detergents and environmental applications. Solvay operates nine Soda Ash production plants in 8 countries (Bulgaria, Egypt, Germany, France, Italy, Portugal, Spain and United States).

SOLVAY is an international chemical Group committed to sustainable development with a clear focus on innovation and operational excellence.

Solvay


Must ReadView All

ITC, ICS tie up to help Moroccan textile value chain

Textiles | On 21st Apr 2018

ITC, ICS tie up to help Moroccan textile value chain

The International Trade Centre (ITC) has partnered with ICS, which...

Bangladesh garment manufacturers call for fair pricing

Apparel/Garments | On 21st Apr 2018

Bangladesh garment manufacturers call for fair pricing

Bangladesh garment manufacturers want a ‘commensurate adjustment’ by...

Pak ministry proposes extension to PM package for 2018-19

Textiles | On 21st Apr 2018

Pak ministry proposes extension to PM package for 2018-19

Pakistani textile ministry has reportedly proposed extending the...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search