Solvay group’s New Business Development (NBD) teams have been set up to create innovative materials and systems using leading edge technologies which go beyond those applied in Strategic Business Units (SBUs).

As an essential part of the Group’s strategy of sustainable, profitable growth and a cornerstone of its Innovation thrust, NBD supplements current activities or helps create new entities which will later be integrated into the existing Sectors.
The objective is to create in this way new activities that can contribute an additional EUR 500 million of annual sales by 2015.

Technological solutions to meet the challenges of the 21st century

Two initial strategic platforms, Organic Electronics and Sustainable Energies, grouped within a single Future Businesses entity, are continuing their deployment, supported both by internal competences and a network of external partners, using the Open Innovation model.

Another way of detecting key partners and providing opportunities for Solvay’s strategic platforms is Corporate Venturing, which consists of investing in dedicated venture capital funds and taking shareholdings in innovative companies that are developing new technologies of strategic interest to Solvay.

At the same time, to strengthen the Group’s presence in high value added markets, in which innovation is stimulated by major scientific and technological advances, a new Advanced Technologies entity has been created to identify emerging technologies and scientific fields of potential interest to Solvay. It will develop, disseminate and promote the corresponding expertise within the Group. Nanotechnologies are the first expert area to be defined in this way.

Sustainable Energies   Organic Electronics   Corporate Venturing   Opportunities   Milestones   Nanotechnologies