Solvay has a strong presence in Europe and has 140 manufacturing sites, worldwide. The company focuses on both, organic and inorganic strategies to strengthen its market position. Solvay operates its business through a combination of strategic partnerships driven business model and product business models. The company provides a license to its partners to produce and sell its products along with the technology, thus expanding its business globally. It enjoys a competitive advantage in developing new products as it holds many patented technologies.