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Dossier SolvayInnovationTrophy2006<br />

NAFTA FACTORING<br />

FACTORING MAKES<br />

NORTH AMERICA<br />

ITS FIRST EXPORT MARKET<br />

When a formula works, why not apply it<br />

elsewhere?<br />

This logic is partly what triggered CICC, the<br />

internal bank and centraliser of the Group’s<br />

commercial flows, to set up factoring<br />

management in the USA (NAFTA region)<br />

now that it has proven its value for the Group’s<br />

European subsidiaries.<br />

Factoring consists of centralising all the financial<br />

movements linked to the commercial activity:<br />

follow through of invoices, cashing of<br />

payments, risk management. Up to date, each<br />

American, Canadian or Mexican company of the<br />

Group managed these aspects of the customer<br />

relationships separately. The project sets out to<br />

centralise this activity in Houston (USA) for all<br />

the subsidiaries of the NAFTA region.<br />

At the service of the SBUs, which thus gain a<br />

competitive edge, centralised factoring will<br />

make it possible to get to know the customers<br />

better, to manage the consolidated positions,<br />

to reduce the commercial risk, to optimise the<br />

working capital, while reducing the processing<br />

costs and ensuring a simpler and therefore less<br />

expensive maintenance of the systems. The<br />

amounts in circulation are quite considerable:<br />

two billion dollars of turnover on which we can<br />

reduce the late payments and accelerate<br />

the financial flows: it is a winning solution that<br />

the CICC is soon set to export to Asia as well.<br />

> Jean-François Caillol; Anne-Marie Bruylants;<br />

Edgar Case; Heather Haidik.<br />

> BSC CICC<br />

72<br />

104985<br />

105235<br />

ESSENTIALITY OF CHEMICALS<br />

CHEMICALS AT THE HEART<br />

OF OUR LIFE<br />

The “Essentiality of Chemicals” project<br />

is a new way of promoting the social<br />

and economic value of our “essential products”<br />

portfolio. This is pursuit through the<br />

organisation of « all in one » events: scientific<br />

debates, events underlining the advantages but<br />

also the limits of the progress of technology via<br />

original initiatives around a long-term dialogue<br />

with representatives of the academic, scientific<br />

and public world, NGO, consumer associations<br />

or the press. This new method of dialogue,<br />

which sets out to be authentic and constructive,<br />

has already taken the form of a symposium,<br />

bringing together in Milan (Italy)<br />

representatives of the authorities, the university<br />

and the press, or visits of the innovative<br />

activities developed in our sites, or even<br />

training workshops for non specialists about<br />

the basic notions of toxicology.<br />

Although essential for our quality of life, our<br />

health, our food, as well as for the role it plays<br />

at the heart of a significant socio-economic<br />

activity, chemistry is nevertheless mistrusted, as<br />

it is misunderstood. A considerable challenge<br />

consists on facilitating the access to the<br />

scientific data necessary for the accurate<br />

understanding of the subject. Certain people<br />

and entities we contacted have accepted to<br />

take up the challenge by contributing, together<br />

with Solvay, to the creation of the independent<br />

NGO GreenFacts (www.greenfacts.org).<br />

The latter publishes, in several languages<br />

and, above all, in a layman’s language, the<br />

summaries of the most recognised international<br />

reports in the field of health and environment<br />

which often involve chemistry related issues.<br />

> Giuseppe Malinverno; Jacques de Gerlache;<br />

Fabio Novelli.<br />

> CC COM & PA<br />

101509<br />

EROSION FREE DISTRIBUTION FOR<br />

OXYCHLORINATION REACTORS<br />

A NEW LOOK<br />

AT AN OLD PROBLEM<br />

The oxychlorination reactors used in the<br />

VCM production process are traditionally<br />

equipped with metallic nozzles that operate<br />

in extreme conditions and suffer<br />

considerably from the effects of erosion.<br />

They are given a lifetime of two years,<br />

during which they undergo a degradation<br />

process that leads to a reduction in efficiency.<br />

Rheinberg (Germany) wanted to put a stop<br />

to this situation and launched a creative<br />

project with an external company and the<br />

local University. Together, they designed new<br />

nozzles. In practice, problems arose with the<br />

fixing of these nozzles onto the reactor grid,<br />

which had to be solved. As the results were<br />

excellent (2003), Tavaux/France, then<br />

Jemeppe/Belgium (2005) adopted the new<br />

design, after making a few modifications.<br />

The nozzles perfectly play their role in the<br />

continuous distribution of the reagents<br />

at the heart of the process and have thus<br />

increased the yield of the VCM units. Their<br />

development has continued on the new<br />

oxychlorination lines in Santo Andre (Brazil)<br />

and Zandvliet (Belgium). This innovation,<br />

whose advantages are very tangible in terms<br />

of maintenance and process optimization, is<br />

today considered as a Solvay standard.<br />

> Frank Vanrompuy; Anne-France Berger; Paul Degraeve;<br />

Bernhard Hogenkamp; Patrick Joubert; Daniel Kinet;<br />

Luigi Mestrone; Jean-Bernard Savoye; Norbert Schmitz;<br />

Heinz-Theo Temath; Wolfgang Ziebarth.<br />

> SBU VINYLS

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