Brussels and Madrid, 9 November 2011, at 7:30 a.m. (Brussels time)
SOLVAY CREATES SPIN-OUT COMPANY IN HEALTH, SAFETY AND ENVIRONMENT INFORMATION
MANAGEMENT CALLED eSPHERES
eSpheres will provide industries a fully integrated suite of HSE information
management solutions and consulting services based on Solvay's knowhow and
experience, powered by SAP(®) software
Solvay announced today it has decided to co-finance the creation of eSpheres, a
spin-out company which will offer outsourcing services powered by SAP(®)
software and provide a fully integrated suite of Health Safety, Environment
(HSE) and Sustainability information management solutions and consulting
services to industries.
eSpheres will help HSE executives in various industries optimize their HSE
service delivery through increased operational efficiencies, informed decision
making and consistent compliance practices. The new company will support key HSE
areas, including product regulatory compliance, product safety, environmental
performance, industrial hygiene, employee incident and accident activities, and
HSE sustainability performance. The formation of the company was announced today
from co-located SAPPHIRE(®) NOW and SAP TechEd conferences being held in Madrid,
Spain, Nov. 8-10.
By providing strong support and in-house expertise to eSpheres, Solvay is
demonstrating its commitment to sustainable development, innovation and
entrepreneurship. The new spin-out company will offer European industry services
accessible via the Internet for HSE information management and professional
support for meeting regulatory, compliance and sustainability challenges.
"eSpheres is the first provider of outsourcing services powered by SAP software
to offer HSE on-demand solutions, including reporting and analytical tools and
regulatory content at both the localand international level for management
worldwide," said Stefan Vanhelleputte, Chief Information Officer, Solvay. "The
combination of full HSE and sustainability domain coverage, on-demand delivery
via the cloud, including integration with a customer's own data, and
preconfigured SAP software is unique in this field. We are convinced we can
offer our customers strong value by integrating HSE management and information
solutions with SAP software."
SOLVAY is an international chemical Group committed to sustainable development
with a clear focus on innovation and operational excellence. Its recent
acquisition of specialty chemicals company Rhodia created a much larger player,
which is realizing over 90% of its sales in markets where it is among the top
three global leaders. Solvay offers a broad range of products that contribute to
improving quality of life and the performance of its customers in markets such
as consumer goods, construction, automotive, energy, water and environment, and
electronics. The Group is headquartered in Brussels, employs about 30,000 people
in 55 countries, and generated EUR 12 billion in sales (pro forma) in 2010.
Solvay SA is listed on NYSE Euronext (SOLB.BE - Bloomberg: SOLB.BB - Reuters:
SOLBt.BR).
SAP, SAPPHIRE and all SAP logos are trademarks or registered trademarks of SAP
AG in Germany and in several other countries.
For further information please contact:
ERIK DE LEYE SAMIR TEMARA PATRICK VERELST
Corporate Press Officer Sales and Marketing Manager Head of Investor Relations
SOLVAY eSpheres SOLVAY
+32 2 264 1530 +32 475 90 84 19 +32 2 264 1540
erik.deleye@solvay.com samir.temara@espheres.com patrick.verelst@solvay.com
ABOUT ESPHERES
HSE information management represents more than just managing risks and
potential liabilities. For a growing number of companies, effective HSE
information management means actively contributing to the company's bottom line
by identifying cost-saving opportunities and helping to maintain, improve and
expand market penetration with compliant products, worldwide. eSpheres will
provide the necessary key ingredients for a reliable, pre-packaged HSE solution
that can push strategic business information out to all cross-functional
decision makers. eSpheres' services will be delivered on demand to companies
(i.e., Software-as-a-Service), available from any location, and without large
upfront capital investments required. Companies of all sizes will benefit from
eSpheres' world-class solutions via the cloud - giving them a competitive edge
with lower total cost of ownership, less risk, faster time to value, and an
accelerated return on their technology and services investments.
eSpheres' complete HSE Cloud offering includes unique, industry-process
expertise; capable, stable and preconfigured HSE software; outsourcing services
powered by SAP(®) software; regulatory content; project set-up services; managed
services and support services. These services are combined and delivered via
three complementary approaches: HSE On Demand, HSE Outsourcing and HSE
Consulting services.
Press Release:
http://hugin.info/133981/R/1562116/483670.pdf
This announcement is distributed by Thomson Reuters on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Solvay S.A. via Thomson Reuters ONE
[HUG#1562116]