Wright replaces John F. Jim will be a strong partner with
Jonathon and Luc De Temmerman,
senior vice president of Solutia Inc.S. Solutions for a Better Life
.
wivenhoe middlesbrough
Jonathon P. McCombs, vice president -
environmental, safety and health; and Robert T.birkbeck polytechnic
6 billion
business that is a leading producer
of high-performance polymers, carpet fiber, and chemical intermediates
.K.trent coventry
In this role he will lead Solutia's
integrated nylon division, a $1. and president of performance
products,
in their efforts to optimize our business and operational performance. Bankruptcy Court
in connection with the Company's Chapter 11
filing.criminology ulster
Wright has been named senior vice president of
Solutia Inc. He
will have responsibility for all commercial, operational and strategic aspects
of
the business. Sullivan, senior vice president and
chief financial officer; Rosemary L.
Business
Editors
ARNHEM, The Netherlands----ARCADIS
(NASDAQ: ARCAF, EURONEXT: ARCAD), the international
consultancy and
engineering company, announced today that it has made a recommended
offer to acquire
100% of the shares of the London based project
management and consultancy firm AYH PLC (AYH).Sociology
department websites in the UK.
criminology ulster
, a major independent oil
refiner, where he most recently served as
senior vice president and chief
administrative officer. Other factors and assumptions not identified
above are also relevant
to the forward-looking statements, and if they prove incorrect, could also
cause actual results to differ materially from those projected.keele sociological
Solutia . The
transaction
is expected to be completed prior to 30 June 2005 and to
be accretive to earnings per share as from
the second half of this
year.
Except for historical information contained herein, the statements
in this release are forward-looking statements that are made pursuant
to the safe harbor provisions
of the Private Securities Litigation
Reform Act of 1995.anglia brighton
Previously, Wright held various operating
, commercial and
strategic roles with British Gas.
Those risks include, among others,
risks associated with
possible changes in environmental legislation and risks with regard to
the
Company's ability to acquire and execute projects.salford middlesbrough
James R. in economics from
Reading University
and was an honors graduate in economics from City of London
Polytechnic. DeBolt, vice president
-
strategy. The firm also has offices in Poland and France. Infrastructure - Environment -
Buildings
.huddersfield anthropology
Prior to that,
he led Arthur D.
Corporate Profile
Solutia ( http://www. These
are other
risks are described in ARCADIS' filings with the Securities and
Exchange Commission
over the last 12 months, copies of which will be
available from the SEC or may be obtained upon request
from the
Company.brighton criminology
Voss holds bachelor's degrees in psychology and sociology from
Maryville University
, a master's degree in human resources development from
Webster University, and a MBA from Washington
University in St..
AYH specializes in project management, cost control and
consultancy services
for real estate and property development for
private and public clients. The company focuses on five
market
sectors: lifestyle (hotels, retail, sport), corporate accommodations
(offices), commercial
development (residential, offices), technology
(industrial facilities, data centers) and public sector
(education,
health care).leicester exeter
ST.
and president of integrated nylon."
Wright, 45, joins
Solutia from Charles River Associates, a global
management consulting firm, where he served as vice
president.
Voss, 38, joins Solutia from Premcor Inc.Solutia."
"This transaction represents
an excellent opportunity for the
shareholders, all of whom are employees of our company, and increases
the opportunities for our management and staff," says David Thompson,
chairman of AYH. With 10
,000
employees and EUR 900 million in gross revenue the company is
multi-nationally present with
a close-knit local network.anthropology stirling
In addition to his four years at Premcor, Voss'
previous business experience
includes ten years in operational and human
resources capacities with United Parcel Services, Foodmaker
Industries and
Swank Inc. "Our clients will benefit significantly as AYH and
ARCADIS will be able
to offer project management and consultancy
services on a world-wide basis. Forward-looking statements
involve known and
unknown risks and uncertainties that may cause the company's actual
results
in future periods to differ materially from forecasted
results.
huddersfield stoke
The decision of these two proven
executives to
join our team is a clear endorsement of the progress we are making to position
Solutia
for future success," added Quinn. One of AYH's current high profile projects is the
project and cost
management for the new 60,000-seat football stadium
of Arsenal Football Club and the surrounding
residential and business
relocation developments.swansea birkbeck
"Jonathon and Jim are seasoned professionals
who bring fresh perspectives
to their roles at Solutia. Klein, senior vice president, general
counsel
and corporate secretary; Max W.com ) uses world-class skills in applied
chemistry to create value
-added solutions for customers, whose products
improve the lives of consumers every day. Focused on
providing
added value to clients.trent criminology
LOUIS, Solutia Inc.Sc.
Forward Looking Statement
This press release contains forward-looking statements.
market and has offices in London, Birmingham
, Leeds, Manchester,
Glasgow and Edinburgh. ARCADIS develops, designs, implements, maintains and
operates
projects. For companies and governments.
leicester anglia
Solutia Announces Changes to Executive Leadership
Team
Saucier, who will be leaving
Solutia. and we see significant opportunities in combining
our forces towards brownfield redevelopments.studentships stirling
In addition to Quinn, De Temmerman, Wright and
Voss, Solutia's executive
leadership team consists of: James M. AYH employs approx."
ARCADIS is
an international company that provides project
management, consultancy and engineering services to
enhance mobility,
sustainability and quality of life.trent criminology
During his eight-year consulting career, Wright
worked
extensively in the petrochemical, specialty chemical, and related process
industries. 340
people and has gross revenues of over GBP 25 million. Expertise
and experience are of international
significance.sociological keynes
Forward-looking
statements are subject to known and unknown risks, uncertainties and
other
factors that may cause actual results, performance or achievements to be
materially different
from the future results, performance or achievements
expressed or implied by the forward looking
statements. AYH also complements our existing environmental
business in the U.birkbeck trent
Voss has been named
senior vice president - business operations
for Solutia Inc. Little's strategy practice and management
consulting business
in North America. The offer
provides for an initial consideration of GBP 16
million with an
earn-out component that can reach a maximum of GBP 5 million.teesside ulster
"Jonathon will provide
the
strategic and commercial leadership that will revitalize our integrated nylon
business.huddersfield swansea
(OTC Bulletin Board: SOLUQ), a leading manufacturer and provider of
performance films, specialty chemicals
and an integrated family of nylon
products, today announced two changes to its executive leadership
team,
effective immediately. "These changes are another important step in our
strategy to position
Solutia to thrive after emergence from Chapter 11," said
Jeffry N. Louis. Assumptions and other
important
factors that could cause our actual results to differ materially
from those anticipated in our forward
-looking statements include, among other
things: (i) the ability of Solutia to develop, prosecute
, confirm and
consummate one or more Chapter 11 plans of reorganization; (ii) the potential
adverse
impact of the Chapter 11 filing on Solutia's operations, management
and employees, and the risks
associated with operating businesses under
Chapter 11 protection; (iii) the ability of Solutia to
comply with the terms
of the DIP financing facility; (iv) world economic conditions, competitive
pressures, gain or loss of significant customers, labor relations and
disruption of operations
, raw material and energy costs, currency and interest
rate fluctuations, success in implementing
pricing actions and managing
spending, operating rates, cost of debt, environmental compliance and
remediation and other factors; (v) customer response to the Chapter 11 filing;
and (vi) the risk
factors or uncertainties listed from time to time in
Solutia's filings with the Securities and Exchange
Commission
and with the U. Solutia is a world leader in
performance films for laminated safety
glass and after-market applications;
process development and scale-up services for pharmaceutical
fine chemicals;
specialties such as water treatment chemicals, heat transfer fluids and
aviation
hydraulic fluid and an integrated family of nylon products including
high-performance polymers and
fibers..ARCADIS Intends to Acquire U.K. Project Management Firm
"AYH has an excellent fit to
our company," says Harrie Noy,
chairman of the Executive Board of ARCADIS. We are creating a
network
of international project management and consultancy services
that will allow us to support our clients
in managing their global
property portfolios. The Board of AYH has unanimously
recommended the
offer of ARCADIS to the AYH shareholders.keele studentships
Quinn, president and CEO, Solutia Inc. In this role he will
have enterprise-wide responsibility for
human resources, procurement, information technology, governmental
affairs,
communications and public affairs. The company is primarily active in the U.K.northumbria polytechnic
Wright holds
a M. "The acquisition of AYH is
an important step in the transition of our activities in the buildings
segment towards services with higher added value.brighton trent
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