MOSCOW (MRC) -- Solvay has published its 2013 Sustainable Development Report, showing a variety of concrete measures that the Group has put in place to become a model in sustainable chemistry, supporting its long term growth, said the company in its press release.
"Sustainable development is a driving force of Solvay’s strategy. It is part of our vision and integrated into the way we conduct our business, ranging from the day-to-day work on the sites to our investment decisions, to ensure that our solutions will answer to global challenges," said Jacques Kheliff, Group General Manager Sustainable Development.
"Sustainable development is also a lever for growth: a portion of our business is already oriented towards markets driven by the demands and opportunities associated with society’s challenges." Solvay last year developed five priorities for 2020 to answer to social, societal and environmental challenges:
To achieve excellence in safety, health and occupational hygiene for everyone on all our 117 sites in 56 countries.
To increase the share of our sales in markets or with activities meeting the requirements of sustainable development. To relentlessly improve the performance of our technologies, processes and products so as to avoid any harm and to limit their environmental impact throughout the lifecycle of our products.
To lower greenhouse-gas emissions, energy and water consumption, to reduce negative impacts on soil, water, air quality and the use of resources.
As a first important step in its sustainability commitment, Solvay in 2013 signed a global agreement on social and environmental responsibility with the IndustriALL Global Union, which reflects the Group’s aim to develop a rich and balanced dialogue with its employees and their representatives worldwide.
As MRC wrote before, Solvay has signed an agreement to sell its polyvinyl chloride (PVC) compound business Benvic Europe to U.S. investment company OpenGate Capital. The closing of this transaction is expected in the first half of 2014 and is subject to the approval of the anti-trust authorities. The deal was announced in late December of the year.
Solvay S.A. is a Belgian chemical company founded in 1863, with its head office in Neder-Over-Heembeek, Brussels, Belgium. The company has diversified into two major sectors of activity: chemicals and plastics. Solvay supplies over 1500 products across 35 brands of high-performance polymers – fluoropolymers, fluoroelastomers, fluorinated fluids, semi-aromatic polyamides, sulfone polymers, aromatic ultra polymers, high-barrier polymers and cross-linked high-performance compounds.
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