GreenWood, Inc., Selected by Solvay Advanced Polymers

Greenville, SC - - August 31, 2006 - - GreenWood, Inc. announced today that it has been selected by Solvay Advanced Polymers L.L.C. to provide supplemental maintenance, turnarounds, operations support, site services and capital construction services at the company’s specialty polymers plant in Augusta, Georgia. The value of this continuous services three year contract was not disclosed.

“We are very pleased that Solvay has chosen GreenWood as its partner to provide these important services in Augusta,” said John Wood, president and founder of GreenWood. “Our commitment to Solvay is to make a significant step change in the delivery of these services, resulting in substantially improving the productivity and cost of their overall operation.”

“We are looking forward to working closely with GreenWood. We believe GreenWood is a very conscientious and customer focused organization which should be very beneficial for us in improving some of our processes.” said Arthur Viebrock, Engineering and Maintenance manager for the Solvay Augusta site. “GreenWood brings a strong knowledge base in their area of expertise and seems to have the personnel necessary to meet our needs.”

About GreenWood, Inc.

GreenWood, Inc. is a family owned company providing ongoing maintenance, capital projects and diversified support services to a wide range of process and manufacturing plants and R&D facilities. GreenWood was founded in 1990 and is headquartered in Greenville, South Carolina. For more information, visit www.gwood.com.

About Solvay Advanced Polymers

Solvay Advanced Polymers produces more plastics with more performance than any other company in the world. This gives design engineers worldwide more ways to solve top design challenges in automotive, medical, electronics, aerospace and other demanding industries. Learn more at www.solvayadvancedpolymers.com.

Solvay Advanced Polymers is a member of the Solvay Group, an international chemical and pharmaceuticals group headquartered in Brussels, Belgium. The Solvay Group, whose companies employ about 30,000 people in 50 countries, recorded consolidated sales for 2005 of EUR 8.6 billion, generated by its three sectors: Chemicals, Plastics and Pharmaceuticals. Solvay is listed on the Euronext 100 index of top European companies. Details are available at www.solvay.com.

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