Solvay Sa · EURONEXT:SOLB

Solvay Sa — Merger or Acquisition (September 2014)

15 slides from Solvay Sa's merger presentation, Sep 4, 2014

  1. Slide 1: Solvay expands its specialty polymers offerings with Ryton PPS acquisition

    Solvay expands its specialty polymers offerings with Ryton® PPS acquisition

  2. Slide 2: Sustained strategic portfolio realignment

    Sustained strategic portfolio realignment With Ryton® PPS* acquisition, Solvay further strengthens unmatched leadership in Specialty Polymers’ solutions Additional step in Solvay’s in-depth transformation towards a higher growth, less cyclical and greater returns Group * PPS: PolyPhenylene Sulfide A

  3. Slide 3: Compelling strategic rationale

    Compelling strategic rationale  Ryton® PPS*, a strong business fit  Further enhance Specialty Polymers’ unmatched broad solutions portfolio  Attractive market with solid growth (CAGR 7%) driven by climate change, related regulations and population growth  Significant synergies  Cross-selling (p

  4. Slide 4: Ryton PPS in a nutshell

    Ryton® PPS in a nutshell Key figures Product North America 22%  Net sales 2013 Net 46% ~ € 100 m sales 2013  Workforce 32%  1st PPS brand created 40 years Asia & ~ 200 employees RoW ago Europe  PPS meeting highest performance standards Industrial Footprint  Strong brand recognition among United

  5. Slide 5: Ryton PPS offers strong business fit & synergies

    Ryton® PPS offers strong business fit & synergies Business fit Complements and extends materials  portfolio Increases exposure to strategic markets of  advanced transportation and clean technologies Increases potential in strategic emerging  markets like thermoplastic composites Synergies Benefit

  6. Slide 6: Extends product portfolio functionalities to Solvay's customers

    Ryton® PPS extends product portfolio functionalities to Solvay’s customers 260 PEEK 240 280°C LCP Ryton® 220 PPS Thermal stability (°C) 200 180 PEI 160 PSU 140 PPA PA 6.6 120 100 Cost ($/cm³) PPS is the optimal material for specific PPS provides a unique combination of price, market segments that Sp

  7. Slide 7: Solvay's unique solution offering to its customers further strengthened by Ryton PPS

    Solvay’s unique solution offering to its customers further strengthened by Ryton® PPS High-barrier X-linkable Aromatics Fluoropolymers polymers compounds LCP HPPA PPS PEEK PAI PSU PTFE PVDF PFA FKM PFPE PVDC XLCP Automotive Advanced Transportation Oil & Gas Renewable Energy Healthcare Smart Devices

  8. Slide 8: Solvay's unique solution offering further differentiates it from competitors

    Solvay’s unique solution offering to its customers further differentiates it from its competitors High-barrier X-linkable Aromatics Fluoropolymers polymers compounds LCP HPPA PPS PEEK PAI PSU PTFE PVDF PFA FKM PFPE PVDC XLCP Ryton® Acquisition of Ryton® PPS 8 04/09/2014

  9. Slide 9: Ryton PPS enhances Solvay's growth potential

    Ryton® PPS enhances Solvay’s growth potential Solvay Global PPS Strong growth in Specialty Polymers applications Automotive Net Sales Market size CAGRe 2013 (in volume) 2013-2020 0,5 kg € 1.3 bn 64 kt +7% /vehicle Advanced transportation 2.5 kg Automotive 30% +7% /vehicle Consumer 2% 22% 11% Healthc

  10. Slide 10: Easily integrated in Solvay Specialty Polymers' regional set-up

    Ryton® PPS easily integrated in Solvay Specialty Polymers’ regional set-up EUROPE 7 production sites (1 Ryton® PPS) NORTH AMERICA 1 R&I centers 8 production sites (1 Ryton® PPS) 3 R&I centers (1 Ryton® PPS) Ryton® PPS sites Resin production plant Borger (TX, USA) ASIA & RoW Compounding plant 2 produ

  11. Slide 11: Transaction terms & financial considerations

    Transaction terms & financial considerations Cash transaction • US$ 220 M (~ € 170 m) • Taken over from Important synergies, compelling returns • Solvay will invest and use its engineering and operational excellence know-how to ramp-up the highly innovative new PPS plant • 2016, start of meaningful

  12. Slide 12: Specialty Polymers' key contribution to Solvay's growth ambition

    Ryton® PPS acquisition, further underpinning Specialty Polymers’ key contribution to Solvay’s growth ambition • Market leader, serving best solutions to customers REBITDA • Ryton® PPS further enhancing 2-digit CAGR broadest solution offering and expanding addressable market CAGR +12% • Supplying hig

  13. Slide 13: Take-aways: Pursuing Solvay's transformation

    Take-aways Ryton® PPS acquisition further improves Solvay’s business profile • Further strengthening Specialty Polymers’ growth engine leading position • Strong growth prospects • Significant synergies • CFROI > WACC as from 2018 Pursuing Solvay’s transformation Acquisition of Ryton® PPS 13 04/09/20

  14. Slide 14: Forthcoming 2014 key events

    Forthcoming 2014 key events 13 November 2014 Q3 results publication Acquisition of Ryton® PPS 14 04/09/2014

  15. Slide 15: www.solvay.com

    www.solvay.com SO LVAY asking more from chemistry®

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