Solvay Sa · EURONEXT:SOLB

Solvay Sa — Investor Presentation (November 2003)

29 slides from Solvay Sa's investor presentation, November 2003

  1. Slide 1: Solvay Group presentation: Plastics sector

    Solvay Group G presentation Plastics sector November 2003

  2. Slide 2: Plastics sector

    Plastics sector © 2003, SOLVAY S.A November 2003

  3. Slide 3: Leadership position

    PLASTICS SECTOR Leadership position 01/01/2003 Europe World Specialties Specialty polymers among the world leaders Essentials PVC 2 4 PPPT 0000 3 © 2003, SOLVAY S.A November 2003

  4. Slide 4: Major markets in 2002

    PLASTICS SECTOR Major markets in 2002 % of Plastics sales Construction and civil engineering 28 % Automotive industry 18 % Chemical Industry 12 % Electric and electronic industry 12 % Packaging 11 % Consumer goods 9% Human health 3% Other industries 7% TOTAL 100 % PPPT 0000 4 © 2003, SOLVAY S.A Nove

  5. Slide 5: Major markets

    PLASTICS SECTOR Major markets Vinyls Construction and civil engineering (pipes, profiles for window frames and doors), automotive industry, cable insulation and sheathing, medical applications, consumer goods, packaging, … Specialty polymers and Performance Compounds Chemicals and oil industry, elec

  6. Slide 6: Major change in Solvay Plastics Portfolio

    PLASTICS SECTOR Major change in Solvay Plastics Portfolio HIGHER PROPORTION OF SPECIALTIES (in % of sales) 12% X 4.5 56% Specialties (Specialty polymers/ Performance Compounds) Essentials (Vinyls) 1998 2002 PPPT 0000 6 © 2003, SOLVAY S.A November 2003

  7. Slide 7: Strategy: boost growth and reduce cyclicality

    PLASTICS SECTOR PLASTICS : Strategy Target: boost growth and reduce cyclicality 1.Increasing presence in SPECIALTIES (100% owned) with the acquisition of high performance engineering polymers (from BP, …) and the fluorinated products of Solvay Solexis èabout 65% of Plastics EBIT on average 2.The Pla

  8. Slide 8: Plastics portfolio

    PLASTICS SECTOR Plastics portfolio ULTRA-HIGH PERFORMANCE PFPE PAI POLYMERS Fluoro PAEK SPECIALTY FLUOROMATERIALS fluids HIGH POLYMERS PPSU LCP PERFORMANCE PES PPS PSO PPA POLYMERS and PAMXD6 PERFORMANCE Elastomers PVDF FKM/FFKM ECTFE PTFE COMPOUNDS MFA, PFA 65% of 2002 BARRIER RESINS PVDC EBIT Daca

  9. Slide 9: Essential and specialty polymers in % of EBIT

    PLASTICS SECTOR Essential and specialty polymers in % of EBIT 85% 90% 80% 65% 70% 60% 50% 35% 40% 30% 15% 20% 10% 0% Essentials Specialty Essentials Specialty 1998 2002 PPPT 0000 9 © 2003, SOLVAY S.A November 2003

  10. Slide 10: 2002 EBIT: +234%

    PLASTICS SECTOR 2002 EBIT : +234% ü Integration of M EUR Solvay Solexis fluorinated 250 234 specialties (polymers, elastomers and fluids) 200 ü Good performances in PVC and increase in 123 performance 150 compounds 100 70 2nd half 19 111 1st half 50 51 0 2001* 2002 (*) High-density polyethylene EBIT

  11. Slide 11: 9 months 2003 Plastics REBIT: -42%

    PLASTICS SECTOR 9 months 2003 Plastics REBIT (EUR 117 M) : -42% VINYLS and PERFORMANCE COMPOUNDS significant decline in Q3/03 compared to a very good Q3/02 SPECIALTY POLYMERS = major contributor to the Group’s results 4 unable to reproduce in Q3/03 the excellent performance of Q3/02 influenced by :

  12. Slide 12: A major player on a global PVC market

    PLASTICS SECTOR SOLVAY a major player on a global PVC market (capacities on 01/01/2003) Capacities in M t/year 3.5 3.0 Nafta 2.5 2.6 2.2 Western 2.0 1.9 Europe 1.5 1.4 Asia- 1.2 Pacific 1.0 1.0 0.8 0.7 0.6 Rest of the 0.5 world 0.0 Shin-Etsu Formosa Oxyvinyls Solvay Ineos Georgia Atofina LG Group Ad

  13. Slide 13: VINYLOOP

    PLASTICS SECTOR VINYLOOP® A process to regenerate PVC compounds from composite residues Key-dates : w Nov. 97 : research start-up w Mar. 98 : 1st patent w Dec. 98 : Technological pilot plant (Brussels - Reactor of 250 l) w Jul. 00 : 1st industrial unit in Ferrara under construction w Jan. 01 : Indus

  14. Slide 14: Most important locations in Specialty Polymers

    PLASTICS SECTOR Most important locations in Specialty Polymers Thorofare/Belle Mead Japan (New Jersey)* Marshalton (Delaware) Greenville (South Carolina) Rheinberg (D) Alpharetta (Georgia) Oudenaarde (B) Orange (Texas)* Brussels (B) Tavaux (F) Spinetta (I)* Bollate (I)* Bussi (I)* Atlanta (Georgia)

  15. Slide 15: Specialty Polymers portfolio

    PLASTICS SECTOR Specialty Polymers portfolio SOLVAY SOLEXIS SOLVIN SOLVAY ADVANCED POLYMERS FLUORO MATERIALS BARRIER ULTRA-HIGH POLYMER and HIGH-PERFORMANCE POLYMERS ELASTOMERS FLUOROPOLYMERS FLUIDS PAI PAEK PVDF PPSU LCP FKM E-CTFE PTFE PFPE PVDC PES PPS FFKM MFA / PFA PSO PPA PAMXD6 PPPT 0000 15 ©

  16. Slide 16: Specialty Polymers: 2002 sales by application

    PLASTICS SECTOR Specialty Polymers (Fluoromaterials, High Performance Polymers, …) 2002 Sales by application 22% 21% Automotive Elec./Electronics 15% Others 13% Industrial 5% Food Packaging 5% Consumers 10% 9% Build./Construction Medical PPPT 0000 16 © 2003, SOLVAY S.A November 2003

  17. Slide 17: Ultra-High and High-performance polymers

    PLASTICS SECTOR Ultra-High and High-performance polymers PPPT 0000 17 © 2003, SOLVAY S.A November 2003

  18. Slide 18: High Performance Polymers: sulfone polymers

    PLASTICS SECTOR High Performance Polymers Sulfone polymers RADEL® R (PPSU) - RADEL® A (PES) – UDEL (PSF) à high strength thermoplastics that combine excellent chemical resistance, high heat deflection temperature, good pore forming properties, … Membranes (Udel®) & modules Medical applications : Med

  19. Slide 19: High Performance Polymers: polyamides

    PLASTICS SECTOR High Performance Polymers High performance polyamides AMODEL® (PPA) IXEF® (PAA) offers excellent mechanical properties used for the production of complex, over a broad range of temperature and extremely rigid, strong and dimensionally delivers exceptional long term thermal stable str

  20. Slide 20: Fluoromaterials of Solvay Solexis

    PLASTICS SECTOR Fluoromaterials of Solvay Solexis Fomblin® Galden® Fluorolink ® (PFPE) Fluorofluids PPPT 0000 20 © 2003, SOLVAY S.A November 2003

  21. Slide 21: Fluoromaterials: fluorinated fluids

    PLASTICS SECTOR Fluoromaterials Fluorinated Fluids Fomblin® & Galden® FOMBLIN® High Performance Lubricants for Semiconductor and Aerospace Industries GALDEN® heat transfer fluids cool the dome, walls, and cathode of the etcher (wafer processing) PPPT 0000 21 © 2003, SOLVAY S.A November 2003

  22. Slide 22: Fluoromaterials: fluoroelastomers

    PLASTICS SECTOR Fluoromaterials FluoroElastomers Tecnoflon® TECNOFLON® O-Rings, Seals & Molded Parts for Automotive, Aerospace and Semiconductor Industries à used for demanding applications in contact with aggressive fluids, harsh chemicals and in high service temperature environments PPPT 0000 22 ©

  23. Slide 23: Fluoromaterials: fluoropolymers

    PLASTICS SECTOR Fluoromaterials Fluoropolymers PVDF Solef®, Hylar®, ECTFE Halar® à excellent chemical and ageing resistance, low permeability and high purity for applications demanding excellent mechanical properties Cleanroom Equipment for the Architectural Coatings Semiconductor Industry PPPT 0000

  24. Slide 24: Most important locations in Performance Compounds

    PLASTICS SECTOR Most important locations in Performance Compounds Brussels (Belgium) Heidelberg Jemeppe Grand Prairie Germany (Belgium) (Texas) PP COMPOUNDS PVC COMPOUNDS PP COMPOUNDS Auburn Hills Roccabianca (Michigan) Chevigny (Italy) Mansfield (France) HDPE COMPOUNDS PP COMPOUNDS (Texas) PVC COMP

  25. Slide 25: PVC Compounds

    PLASTICS SECTOR PVC COMPOUNDS Electrotechnical equipment Thanks to their high level of heat resistance and their excellent mechanical and dielectric properties, special compounds from the BENVIC range are widely used in producing electrotechnical equipment. Opaque and transparent PVC electrical hous

  26. Slide 26: PP Compounds

    PLASTICS SECTOR PP COMPOUNDS Automotive exterior TPO Versatile, recyclable thermoplastic polyolefins used in a wide variety of injection-molded interior, exterior and underhood automotive applications Examples : Cargo Box SEQUEL® 1880 Rear Fascia DEXFLEX® 810 Cladding Package DEXFLEX® 760 Front Fasc

  27. Slide 27: HDPE Pipe Compounds: Polidan PEX

    PLASTICS SECTOR HDPE PIPE COMPOUNDS : POLIDAN® PEX Silane crosslinkable HDPE compounds Product Application Polidan® T/A All-plastic pipes; composite PEX/Al/PEX pipes Polidan® T/A-HF All-plastic FLEXIBLE pipes; composite pipes with EVOH PPPT 0000 27 © 2003, SOLVAY S.A November 2003

  28. Slide 28: Visit our Internet site specifically designed for Investors

    Visit our Internet site specifically designed for Investors www.solvay-investors.com and become member of our Shareholders’ Club PPPT 0000 28 © 2003, SOLVAY S.A November 2003

  29. Slide 29: Forward-looking statements

    “To the extent that any statements made in this presentation contain contain information that is not historical, these statements are essentially essentially forward- forward -looking. The achievement of forward- forward -looking statements contained in this presentation is subject to risks and unce

Solvay — Investor Presentation (November 2003) on 6ix