The company is now strongly focussing on high-performance materials, tailored solutions and changing customer base to enhance its long-term growth.
Brussels/Belgium – Solvay has announced plans to simplify its organization that needs to be adapted to its portfolio which is now strongly focused on high-performance materials and tailored solutions, as well as to its changing customer base. The company is taking a new step in its transformation, putting its customers at the core of its organization to enhance its long-term growth as an advanced materials and specialty chemicals company.
The project would result in a more agile organization to support customer needs. The firm will simplify processes and tasks to focus teams on customers, allowing them to faster anticipate and better respond to their demands. Solvay will keep its decentralized model whereby its Global Business Units are responsible for developing their own strategic plans and implement them with the support of the Group.
In France, the company plans to upgrade its largest global research site in Lyon to a center for advanced chemistry mid the region’s dynamic innovation ecosystem. In Belgium, the expansion of R&I in advanced materials science would coincide with plans to revamp the Brussels headquarters, fostering collaboration among employees and with partners.
Solvay also plans to relocate its Aubervilliers and nearly all of its Paris activities to Lyon and to a lesser extent to Brussels, concentrating R&I into these centers. The simplification of the organization should lead to about 600 net redundancies, mainly in functional activities, including 160 in France, 90 in Portugal and 80 in Brazil. The concentration of the R&I and support activities would involve the transfer to Lyon and Brussels, over four years, of about 500 employees who can rely on comprehensive support from the Group to help them relocate.