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People & Business :: Companies
Solvay to adjust its soda ash capacities to demand; output to rise at Green River, WY
6:44 AM MST | December 19, 2012 | Sotirios Frantzanas
Solvay says it has decided to adjust its worldwide soda-ash production capacities in line with differentiated dynamics and cost-competitiveness considerations, to optimize its global soda-ash industrial network and reinforce its market leadership position. The company expects that this will enable it to improve the profitability and cash-generation potential of its soda ash business. The "contrasting macroeconomic patterns call for a regional adjustment," says Pascal Juery, president of Solvay's essential chemicals global business unit. "We...
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