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Regions :: Western Europe :: Belgium
Jourquin Outlines His Vision for the ‘New’ Solvay Following the Takeover of Rhodia
11:14 AM MDT | May 16, 2011 | —NATASHA ALPEROWICZ
Jourquin: 'New' Solvay will be less cyclical. Solvay’s recently agreed €3.4-billion ($4.9 billion) takeover of Rhodia will help Solvay to align itself with global mega trends and “position itself... toward its 175th anniversary,” says Solvay CEO Christian Jourquin. He was addressing the Solvay annual meeting, held in Brusssels last week. Solvay’s 175th anniversary is not due until 2038 but the company needs to start adapting its practices and rethinking its activities today, Jourquin says. The merged company will have pro forma sales...
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