Press Release
Solvay: Renato Boaventura takes over as CEO of the Fibras
global business unit
São Paulo, Brazil, June 17, 2015 – As of July 1, Renato Boaventura, 44 years old, is
to be the CEO of the Solvay Group's Fibras Global Business Unit, replacing Francisco
Ferraroli, who has retired. The Solvay Group has 15 GBUs, two of which are based in
Brazil.
With a degree in mechanical and textile engineering from the Industrial Engineering
Faculty (FEI) and an International Executive MBA from the Institute of Administration
Foundation (FIA) and Specialization in Strategic Marketing at INSEAD, France, Renato
Boaventura has extensive experience in the textile industry.
He joined Rhodia in 1992 as a intern, in 1994 became effective as trainee and from
1997 to 2000 was production manager at the company's textile unit in Santo André
(SP). From 2000 to 2003 he was expatriated to Italy, where he worked as Research
and Development Manager and subsequently took over the General Management of
the former Rhodia Technical Fibers.
Back in Brazil, he was made Industrial Director of the textile plant in Santo André, a
position he held between July 2003 and September 2005. From that date, he became
Director of Industrial Yarns Business Unit, a position which was confirmed after
the Solvay Group acquired Rhodia in September 2011. From January 2012 to
December 2013 was the president of the Council at Brazilian Artificial and Synthetic
Fiber Producers' Association (ABRAFAS). Even in 2013, he took charge of the Textile
Yarn Global Business Unit at Solvay Group.
Among his responsibilities as CEO of the Fibras GBU, he has to leverage the growth of
the operations linked to the textile industry in Brazil and abroad, mainly focusing on the
development of innovations in polyamide textile yarn and fibers, a segment where the
company is a leader in Latin America and internationally recognized through its
Emana®, Amni® and Rhodianyl® brands.
About the Fibras Global Business Unit
A South American leader in polyamide 6.6 fibers and yarns, the Solvay Group's Fibras global
business unit has an industrial unit in Brazil and development research laboratories in various
countries, as well as partnerships and production agreements in Europe and Asia. Innovative
and pioneering, the company serves the textile and industrial markets with high value-added
products, marketed under the Amni®, Emana® and Rhodianyl® brands.
For further information, please go to www.emanafiber.com and www.amni.com.br
About Solvay
As an international chemical group, Solvay helps industry find and implement increasingly
responsible and value-creating solutions. It generates 90% of its turnover in activities where it
ranks among the top three global groups. Its products are used in various markets, such as
energy and the environment, automotive and aerospace, electrical and electronics, aiming to
improve clients' performance and consumers' quality of life. The group, headquartered in
Brussels, employs about 26000 people in 52 countries and earned € 10,2 billion in 2014. Solvay
SA (SOLB.BE) is listed on NYSE, Euronext Brussels, and Paris (Bloomberg: SOLB.BB Reuters: SOLBt.BR). In Brazil, the group also works with the Rhodia name, whose international
activities were acquired in 2011.
Learn more at www.rhodia.com.br and www.solvay.com
Further press information:
About the Fibras GBU
MktMix Assessoria de Comunicação
Tania Otranto / Balia Lebeis / Roberto Ethel
Contact: (11) 3060-3640
Virgínia Ribeiro - [email protected] – Ext.: 3631
Luís Dolci – [email protected] – Ext.: 3630
About the Solvay Group and Rhodia in Brazil
Press Express Comunicação
Roberto Custódio - [email protected]
Marcela de Paula – [email protected]
Tel. (55 11) 3284 5164 or (55 11) 3284 4322 – mobile (55 11) 999 33 8148