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PVC<br />

In a context of high oil prices,<br />

PVC is proving increasingly<br />

competitive and ecoefficient with<br />

its low oil content and excellent<br />

recyclability.<br />

In the “Specialties”<br />

cluster<br />

(Specialty Polymers)<br />

• expanding and enriching our<br />

very-high-performance polymers<br />

range;<br />

• differentiating the product range<br />

through competitiveness (quality/<br />

price), by research efforts and by<br />

intellectual property;<br />

• continuing our globalization<br />

drive with production capacity<br />

expansions and acquisitions.<br />

In the “Specialties”<br />

cluster (Inergy<br />

Automotive Systems)<br />

• securing our technological<br />

leadership through R&D;<br />

• extending product functionalities<br />

(e.g. denoxification of diesel<br />

emissions);<br />

• globalization by following our<br />

car-building customers (China,<br />

Russia, India, etc.);<br />

• ensuring excellence in quality,<br />

cost and services.<br />

Driving<br />

our strategy<br />

In the Vinyls cluster<br />

(vinyl chain)<br />

• securing regional leadership in<br />

Europe (especially in Russia),<br />

South-East Asia and South<br />

America;<br />

• ensuring competitiveness<br />

through manufacturing efficiency,<br />

raw-materials integration<br />

and technological innovation;<br />

• targeted growth and<br />

diversification.<br />

In the Vinyls cluster<br />

(Pipelife)<br />

• securing our leadership in the<br />

Europe 27;<br />

• developing the range of products,<br />

systems and services through<br />

innovation.<br />

The “Specialties”<br />

cluster:<br />

Specialty Polymers<br />

and Inergy Automotive<br />

Systems, a 50/50 joint<br />

venture with Plastic<br />

Omnium in fuel systems<br />

Sales up 1% from 2006.<br />

2007 was a very good year for<br />

Specialty Polymers, with<br />

volumes up on average 8%, and<br />

above 10% in high-performance<br />

polymers. Sales moved ahead<br />

in Asia where we boosted our<br />

activities (13% of our 2007<br />

turnover), though the USD and<br />

JPY exchange rates meant that<br />

sales in dollars advanced less<br />

rapidly than volumes. Profits are<br />

continuing upwards from the very<br />

good level of 2006, despite the<br />

unfavourable exchange rate and<br />

sustained R&D expenditure (5%<br />

of sales). R&D efforts are devoted<br />

to creating new high-performance<br />

polymers and launching a number<br />

of new production units, which will<br />

contribute to tomorrow’s expansion<br />

of these activities.<br />

Structural analysis of plastic nano-composites.<br />

2007 was also a year of important<br />

strategic decisions, aimed at<br />

extending existing capacities,<br />

penetrating the Asian market and<br />

enriching the product portfolio.<br />

Most of these units have reached<br />

world scale and are applying unique<br />

processes and technologies.<br />

At <strong>Solvay</strong> Solexis, perfluoropolyether<br />

(PFPE) production capacity at the<br />

Spinetta Marengo plant (Italy) was<br />

doubled. The new units will become<br />

operational in 2008. The products<br />

in question, marketed under the<br />

Plastics Sector<br />

Murielle Fesler<br />

Electronic microscopy<br />

specialist<br />

<strong>Solvay</strong> Global Annual Report 2007<br />

Plastics<br />

43

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