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Pharmaceuticals Sector - Solvay

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42<br />

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

Energies of the<br />

future: Fuel cells<br />

Membranes<br />

In the course of 2005 decisive<br />

progress was made in the reliability<br />

and performance of the ionexchange<br />

membranes that are key<br />

components of fuel cells.<br />

Patent applications have been fi led,<br />

in particular for membranes for<br />

methanol-fuelled cells. These fuel<br />

cells are particularly suited to portable,<br />

low temperature situations,<br />

like laptops and portable phones,<br />

which will be the fi rst general<br />

applications. These fuel cells are<br />

arousing increasing interest.<br />

Shareholding in Conduit<br />

Ventures Ltd<br />

London-based venture capital fund<br />

Conduit Ventures Ltd, in which<br />

<strong>Solvay</strong> took a shareholding in 2004<br />

and which focuses its activity on<br />

hydrogen-linked technologies,<br />

has invested in seven start-up<br />

companies. These cover a large<br />

portion of the value chain, from<br />

component manufacturing<br />

(membranes, catalysts, etc.) to<br />

complete systems, with applications<br />

ranging from portable<br />

electronics to electricity supply<br />

and telecommunication systems<br />

to industrial vehicles. This direct<br />

link with markets is enabling <strong>Solvay</strong><br />

to speed up and better direct its<br />

own developments.<br />

New Business Development<br />

Locating partners<br />

Elsewhere, opportunities for<br />

partnerships are being explored<br />

in order to gather competences,<br />

increase effi ciency and cut<br />

development times.<br />

Advanced materials<br />

for the information<br />

and communication<br />

industry<br />

Information and communication<br />

technologies use large quantities of<br />

advanced products and materials,<br />

among them high-performance<br />

polymers and high-purity chemicals<br />

that <strong>Solvay</strong> already supplies.<br />

NBD is prospecting new business<br />

opportunities in fl exible display<br />

screens, photovoltaic systems<br />

and printable electronics. These<br />

emerging applications call for<br />

conductive materials, light-emitting<br />

or capturing materials and encapsulation<br />

and support components.<br />

Contacts have been made here<br />

with small high-tech companies<br />

and with major laboratories in<br />

Europe, North America and Asia.<br />

<strong>Solvay</strong>, technological<br />

partner in the Solar<br />

Impulse project<br />

<strong>Solvay</strong> has committed itself to the<br />

Solar Impulse project alongside<br />

Bertrand Piccard, the fi rst aeronaut<br />

to circle the world in a balloon.<br />

The objective is to circumnavigate<br />

the world in several stages in an<br />

aircraft powered solely by solar<br />

energy, with no other energy<br />

source and no polluting emissions.<br />

As technology partner, <strong>Solvay</strong><br />

is bringing to Solar Impulse its<br />

recognized competences in<br />

developing and applying innovative<br />

plastics and simulating their<br />

behaviour in extreme conditions.<br />

In addition to the technological<br />

commitment, this partnership<br />

represents for the Group a positive<br />

and concrete contribution to raising<br />

awareness of Sustainable Development<br />

and to developing renewable<br />

energies. This partnership expresses<br />

the Group’s confi dence in the<br />

commitment of its employees, its<br />

spirit of enterprise and its technological<br />

innovation capacity. It also<br />

has a clear economic dimension for<br />

<strong>Solvay</strong> as an excellent springboard<br />

for promoting and developing<br />

the new products, services and<br />

solutions which the Group will be<br />

able to bring to the project.<br />

The project is right now in the<br />

design stage. In 2006 the major<br />

technology decisions will be taken.<br />

In 2007 the fi rst prototype aircraft<br />

will be built, followed by maiden<br />

fl ights in 2008, and the circumnavigation<br />

of the world in stages<br />

in 2010.<br />

Functional nutritional<br />

ingredients<br />

Chemicals or pharmaceuticals?<br />

The fi eld of food ingredients spans<br />

both disciplines. NBD’s research<br />

programme makes full use of<br />

the skills and know-how that<br />

<strong>Solvay</strong> has acquired in physiology/<br />

pharmacy and its command<br />

of chemistry and chemical<br />

engineering.

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