The Limited Times

Now you can see non-English news...

Green technologies, a lever for Solvay

2020-11-29T01:58:28.755Z


The leader of the chemist, Ilham Kadri, continued to invest, while keeping the costs, despite the coronavirus pandemic.


Solvay is more than ever an observation post for the economy, with chemicals supplying a large number of sectors.

The observation of its CEO, Ilham Kadri?

"The economy needs to be rebuilt."

The one who took the reins of the Belgian chemist almost two years ago said:

“This crisis is unprecedented.

2021 will be a year of transition, with the entry into office of a new US Administration, a rapid rebound - called V - expected to continue in China, but a more complicated context for the oil and gas industries, as well. than in aeronautics, for which the recovery will be slower. "

To read also:

Ilham Kadri: "I am a catalyst"

Solvay, which derives 25% of its turnover from aeronautics and automobiles, saw its sales fall by 14.3% in the first nine months of the year.

Ilham Kadri expects December

"slower",

its

"customers are likely to reduce their stocks at the end of the year".

However, the Belgian chemist, who closed two factories dedicated to aeronautics in Great Britain and the United States,

This article is for subscribers only.

You have 80% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All business articles on 2020-11-29

You may like

Business 2024-03-12T17:52:18.665Z
News/Politics 2024-03-27T05:04:41.860Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.