Rhodia completes latex business sale to Hexion Specialty Chemicals
The latex dispersions and powders as well as the organic foam control agents are chiefly used in the markets for decorative paints, specialty mortars used in the construction industry, and liquid adhesives. This business employs a total of almost 440 people worldwide and generated net sales of approximately EUR150m in 2004.
This disposal forms part of the campaign to exit non-strategic activities* and refocus its business portfolio.
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