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Creating new opportunities in markets of the future.
Solvay is active in innovative solutions with the New Business Development activity, which aims to create materials and systems using leading edge technologies.
Printable Organic Electronics aim at development of “inks” that should enable mass, low-cost and energy-efficient production of flat displays, lighting using organic electroluminescent diode (OLED), circuit boards and radio frequency identification systems.
Sustainable Energies concentrate its work on fuel cells and organic photovoltaic cells.
Nanotechnologies are technologies for structuring the extremely small for the development of materials for new generation of liquid crystal displays (LCD's) or improved properties of high performance polymers.
Renewable Based chemistry for an increasing use of renewable based materials and resources in the chemical industry.
In 2010, the New Business Development expenses for the future amounted to EUR 38 million (research and development expenses of about EUR 26 million and investments of about EUR 12 million).
One way of detecting key partners and providing opportunities for Solvay is Corporate Venturing, which consists of investing in dedicated venture capital funds and taking vested holdings in innovative companies that are developing new technologies of strategic interest to the Group.
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