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Solvay unveils new transformation plan for customers

06 Apr '18
2 min read
Courtesy: Solvay
Courtesy: Solvay

Solvay has unveiled a new step in its transformation plan to simplify organisation and upgrade innovation capabilities. The company will put its customers at the core of its organisation to enhance its long-term growth as an advanced materials and specialty chemicals firm. Solvay is committed to developing chemistry that addresses key societal challenges.

Solvay will simplify processes and tasks to focus teams on customers, allowing them to faster anticipate and better respond to their demands. Solvay will keep its decentralised model, whereby its global business units are responsible for developing their own strategic plans and implement them with the support of the group.

In France, Solvay plans to upgrade its largest global research site in Lyon to a centre for advanced chemistry mid the region’s dynamic innovation ecosystem. In Belgium, the expansion of R&I in advanced materials science would coincide with plans to revamp the Brussels headquarters, fostering collaboration among employees and with partners.

Solvay also plans to relocate its Aubervilliers and nearly all of its Paris activities to Lyon and to a lesser extent to Brussels, concentrating R&I into these centres.

The group has launched the relevant information/consultation procedures with employee representatives. These procedures will be completed at the end of June 2018. The company is committed to supporting employees throughout this transformation while limiting job losses as much as possible.

Jean-Pierre Clamadieu, CEO of Solvay said, “This new step in Solvay’s transformation centres on better serving our customers. Over the past six years, we built a business portfolio to generate superior and sustainable growth. Now we need to follow through and drastically simplify our organisation and processes as well as align all our resources. This will allow Solvay to provide differentiated experiences for customers and maximise value for the group.” (GK)

Fibre2Fashion News Desk – India

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