Rhodia Polyamide announced a 30 million euros investment to increase its intermediates production capacity at its Paulinia site in Brazil by end of 2008. This investment shall allow Rhodia to meet the demand of the market growing 5 to 6% per year, driven by demand for polyamide and phenolic resins in Latin America. "We have developed very solid positions in Brazil over the 87 years we've been present in the country. Today Brazil accounts for 13% of Group sales and I am particularly pleased to announce this project which confirms our commitment to the region," commented Rhodia CEO Jean-Pierre Clamadieu. "This investment is an excellent example of our strategy of sustainable and profitable growth."
Roquette and Rhodia Acetow have signed a Joint Development Agreement (JDA) to develop new plant-based polymers. The JDA will enable both companies to leverage synergies bringing together respective competencies in the field of plant-based polymer chemistry. Jean Bernard Leleu, Deputy CEO an ... more
Rhodia and Avantium to jointly develop biobased polyamides
Rhodia, member of the Solvay Group, and Avantium announced that they have entered into a partnership to jointly develop a range of new bio-based polyamides targeting a variety of applications. This partnership expands and completes the previously announced development agreement in the field ... more
Total success of Solvay recommended tender offer for Rhodia
Solvay and Rhodia announced the success of Solvay's tender offer on Rhodia for EUR 31.6 per share and American Depositary Share or ADS (equivalent in USD) and EUR 52.32 (after adjustment) per bond convertible into and / or exchangeable into new or existing shares (OCEANE).The French financi ... more
