DuPont and Rhodia Sign Agreement for Sale of Rhodia's ISCEON® HFC Refrigerant Blends Business
"This acquisition will enlarge our HFC product portfolio, and enable us to offer customers additional sustainable refrigerant solutions to accelerate the reduction of ozone depleting substances around the world," said Mark Baunchalk, global business manager - refrigerants, DuPont Fluorochemicals. "DuPont has been a pioneer in the science of refrigerants for 75 years and is committed to continue developing science and technology to bring more sustainable cooling and environmental solutions to customers around the world. This acquisition supports that effort and will strengthen our business."
"This transaction, marking a further step in the strategic refocusing of Rhodia Organics' Enterprise, forms part of the divestiture of non-strategic activities being undertaken by the Rhodia Group with a view to consolidating its business portfolio," added Laurent Schmitt, president of the Rhodia Organics Enterprise.
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