Rhodia completes sale of its stake in Nylstar

18-May-2007

Rhodia announced the completion of the sale of its 50% stake in Nylstar to a third party agent acting on behalf of a consortium of Nylstar's credit banks on May 14, 2007. SNIA, Rhodia's partner in this joint venture, has also completed the sale of its 50% stake.

This sale forms part of the financial restructuring of Nylstar.

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