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Pharmaceuticals Sector - Solvay

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Such a strategy is possible only within a long-term<br />

vision. This strategy has already shown its fruits,<br />

and will therefore be intensifi ed to respond to your<br />

expectations. We will dare to do so because we have<br />

shareholders who trust in us and encourage us on this<br />

path, because we have excellent teams, know-how<br />

and skills, and because we share strong corporate<br />

values. It is these that together allow us to say that we<br />

are proud to be pharmacists and chemists.<br />

... and, as a manufacturing group,<br />

to continue the tradition of progress<br />

and change<br />

This rich foundation, which many envy us, I shall<br />

personally commit myself to developing, beyond any<br />

limits or constraints that might block its reaching<br />

fruition.<br />

Animated by its “Passion for Progress ® ” <strong>Solvay</strong> has<br />

always had the strength and lucidity to perceive and<br />

understand the meaning of History. This has guided<br />

the major strategic choices that have led us constantly<br />

to adapt our product portfolio. We have done this in<br />

order to make optimal use of our skills in what have<br />

seemed to us the most promising sectors, whilst<br />

safeguarding the development of the others by selling<br />

them to the companies that can make best use<br />

of them.<br />

History does not stand still. It calls on us to constantly<br />

review the future of our activities, our strengths and<br />

weaknesses, and the opportunities and threats facing<br />

us in an environment that is looking for growth. We<br />

shall therefore continue undaunted on this path of<br />

change and continuous adaptation in our industrial<br />

role, which we unhesitatingly accept and assume.<br />

... and to secure growth whilst<br />

respecting our Values<br />

In this sense, we can say that <strong>Solvay</strong>’s future lies<br />

in sustainable and profi table growth.<br />

At a time when Europe is suffering from a lack of<br />

growth, we wish to play a part in re-launching activities<br />

on our continent. We shall therefore continue to invest<br />

in high-added-value sectors that can make optimal<br />

use of the knowledge and skills of our researchers<br />

and universities.<br />

Message from Christian Jourquin<br />

We push all our employees to demonstrate their<br />

innovative capacities. This they do well beyond expectations,<br />

demonstrating that confi dence in people is the<br />

key to success. This is one of our values and we are<br />

attached to it.<br />

But we shall also look for this growth where it<br />

is strongest, in Asia and North and South America.<br />

... in a rapidly changing society.<br />

The changes in our environment and our own evolution<br />

require the strong backing of all our stakeholders.<br />

We are therefore relying on your support, confi dent in<br />

the quality of the dialogue we shall continue to have.<br />

I am counting on you to ensure the very best success<br />

for our enterprise ... your enterprise, by further<br />

encouraging us to live up to our Values at all times.<br />

Christian Jourquin<br />

Chairman of the Executive Committee<br />

(effective May 9, 2006)<br />

11<br />

<strong>Solvay</strong> Global Annual Report 2005

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