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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