Solvay Advanced Polymers Implements Stature from Dyadem to Standardize Risk Assessments

Dyadem today announced that Solvay Advanced Polymers, a leading plastics producer and division of Solvay (NYSE Euronext: SOLB.BE), has chosen Stature from Dyadem to standardize risk assessments and share enterprise risk data across locations.

Previously using Dyadem’s best-selling desktop software, PHA-Pro, Solvay needed the flexibility and accessibility of a web-based solution to share risk assessments and enable collaboration across departments. With Stature, Solvay can configure templates to suit each location, and create a consistent method for analyzing risk across departments. With one consolidated tool all for risk management efforts, Solvay Advanced Polymers will gain operational transparency and visibility of risk, and be able to prioritize mitigation strategies. The dashboards and built-in search engine that Stature provides, as well as the ability to track recommendations from start to finish, will increase the effectiveness of Solvay’s controls and ensure the entire company continues to produce safe, reliable products.

Stature, a web-based solution, allows all users to access and edit risk assessment data, and will not only link past and present studies, but also create a database of corporate knowledge for future use. The increased flexibility and visibility that a web-based solution provides was imperative to Solvay’s choice. With access to data from across risk assessments, extensive knowledge libraries and standardized templates, Stature will save time while ensuring corporate consistency across all past, present and future risk studies.

"Having already used Dyadem’s desktop software, we were well aware of the usefulness of the configurable, standard templates and risk assessment solutions it provides,” said Ted Gadziemski, HSE Manager/PSM Coordinator, Solvay Advanced Polymers. "The scalability of Stature will allow us to implement an enterprise risk management solution to a number of sites in the near future, making our overall risk strategy a standardized, global effort.”

"Solvay Advanced Polymers has already taken the first step to an improved risk management strategy by implementing Stature. Collaboration between departments and leveraging lessons learned for better knowledge management is crucial, and better ensures that executives can properly visualize and prioritize risks to their operations,” said Kevin North, President and CEO, Dyadem. "With Stature, management has access to real-time risk information including leading and lagging key performance indicators, and risk management specialists have access to the collective knowledge of their counterparts from across the entire organization.”

About Dyadem

Dyadem is the market leader in Operational Risk Management and Quality Risk Management solutions. Dyadem provides software and services that empower companies to discover and manage the risks to people and products in the design and manufacturing processes. Dyadem helps some of the world’s largest companies achieve regulatory compliance and business continuity, serving the oil & gas, chemical, mining, pharmaceutical, medical, automotive, electronics and aerospace and defense industries. For more information, visit www.dyadem.com.

About Solvay Advanced Polymers

Solvay Advanced Polymers produces more plastics with more performance than any other company in the world. Headquartered in Alpharetta, Georgia, Solvay Advanced Polymers produces compounds at its plants in North America, Europe and India. Solvay Advanced Polymers is a division of Solvay, which is an international industrial group active in Chemistry. It offers a broad range of products and solutions that contribute to improving quality of life. The group is headquartered in Brussels and employs about 19,000 people in 50 countries. Solvay is listed on the NYSE Euronext stock exchange in Brussels (NYSE Euronext: SOLB.BE - Bloomberg: SOLB.BB - Reuters: SOLBt.BR). For more information visit www.solvay.com or visit Solvay Advanced Polymers at http://www.solvayplastics.com/sites/solvayplastics/EN/Companies/Solvay_Advanced_Polymers/Pages/Welcome.aspx.