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Solvay awards Panalpina with additional air freight business

Nov 1, 2007

Panalpina, one of the world’s leading providers of transport and logistics services, has been awarded significant further business from its customer Solvay Chemicals. The new air freight services will be in addition to the 13 000 TEU ocean freight per year that Panalpina already transports for Solvay. Solvay operates in pharmaceuticals, chemicals and plastics and has 400 units in over 50 countries.

The newly signed contract will cover Solvay’s air freight shipments from Europe to various destinations including the USA, Asia and CIS countries. The total freight that Panalpina will move by air for Solvay is expected to be 2 000 tons over the next two years, after which it may be increased to 2 500 tons annually. The freight Panalpina will handle for Solvay by air will primarily be high-value pharmaceutical and healthcare products, including product samples and chemicals.

Panalpina and Solvay have been working together for over ten years. This partnership was further strengthened in late 2006, when Panalpina was appointed preferred partner for the ocean freight and logistics requirements of Solvay’s Chemicals Division.

Alain Baeyens, Lead Buyer Global Procurement at Solvay International, states, "The positive and proactive way that Panalpina approaches business was a major deciding factor in granting the award for this air freight traffic. We appreciate Panalpina’s customer- and solution-minded approach in all service aspects."

Peter Claessens, Panalpina’s Head of Healthcare Industry Vertical, says, “This new contract will forge new relationships with other Solvay divisions and reconfirm the existing and sustainable partnership between Solvay and Panalpina. This strengthened partnership will allow Solvay to rationalize its air freight to reduce costs, have a secure service and simplify as well as optimize their information flows.”

The Solvay Group

Solvay is an international chemical and pharmaceutical Group with headquarters in Brussels. It employs some 29 000 people in 50 countries. In 2006, its consolidated sales amounted to EUR 9.4 billion, generated by its three sectors of activity: Chemicals, Plastics and Pharmaceuticals. Solvay is listed on the Euronext stock exchange in Brussels. www.solvaychemicals.com

About Panalpina

The Panalpina Group is one of the world's leading providers of supply chain solutions. The company combines its core products of Air Freight, Ocean Freight, and Logistics to deliver globally integrated, tailor-made end-to-end solutions. Drawing on in-depth industry know-how and customized IT systems, Panalpina manages the needs of its customers' supply chains, no matter how demanding they might be. Energy Solutions is a specialized service for the energy and capital projects sector. The Panalpina Group operates a global network with some 500 offices in more than 75 countries, and it works with partner companies in a further 90 countries. Panalpina employs 15,000 people worldwide who deliver a comprehensive service to the highest quality standards – wherever and whenever.