Solvay S.A.

By Dr Pierre Casse, IEDC Professor and Elnura Irmatova, IEDC Research Assistan Purpose "I believe in collective intelligence." Ilham Kadri CEO of the Solvay Multinational Corporation The main purpose of this paper is not to examine the need to have more women in leadership positions (Public and private sectors) because the answer is obvious. Well… is it so obvious?

Belgian chemicals giant Solvay said on July 29 it will pay $5.5 billion for U.S. firm Cytec, aiming to be a key player in the fast-moving air and space composite materials market.

?The proposed acquisition of Cytec marks a major step change in Solvay?s portfolio upgrade,? chief executive officer Jean-Pierre Clamadieu said in a statement.