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14-Jun-2004 - Rhodia announced the signing of a definitive agreement with Bain Capital for the sale of Rhodia's North American specialty phosphates business for an enterprise value of 550 million dollars (approximately 460 million euros at today's exchange rates), representing an EBITDA multiple greater than ...
26-May-2004 - Rhodia today announced the signature of a letter of intent with Feralco AB for the sale of the Group's potable and waste water treatment business. Mainly targeting the European market, this business generated sales in 2003 of 26.5 million euros. The two parties expect to reach a sale agreement ...
23-Apr-2004 - Rhodia announced several developments regarding its divestiture program: - Divestiture of its 50% share in the Chilean company Extractos Naturales Gelymar SA to Sintex SA and Algina Inversion SA. Sintex SA and Algina Inversion SA currently own 50% of Gelymar, - The signing of an exclusive ...
15-Apr-2004 - Rhodia's Perfumery, Performance & Agro (PPA) enterprise announced that it will close its carboxylation unit at Leuna, Germany, ceasing production at the end of September 2004. The unit manufactures para hydroxy benzoic acid (PHBA), salicylic and cresotinic acids and has an estimated annual ...
12-Mar-2004 - Rhodia announced the signing of a final agreement for the sale of its food ingredients business to Danisco. The transaction should be finalized in May, once legal authorizations have been received. Rhodia announced February 13 that it had signed an agreement to negotiate exclusively with the ...
20-Feb-2004 - Rhodia announced the sale of its 34% stake in the French company Baikowski Chimie to PSB Industries Group. PSB Industries currently owns 66% of Baikowski Chimie. Baikowski Chimie provides specialty ceramics products for applications in the lighting, medical devices and electronics markets, as ...
16-Feb-2004 - Following the receipt of an acceptable offer by the Danish company Danisco, Rhodia announced that the two companies have entered into exclusive negotiations concerning the sale of Rhodia's food ingredients business. The business includes the cultures, hydrocolloids and food safety products ...
21-Nov-2003 - Paris, November 20, 2003 - At today's meeting of the European Works Council, Rhodia initiated the procedure whereby employees' representatives are kept informed about the new organization for the Group's Enterprises and the plan to redeploy support functions located within the European zone. In ...
25-Jul-2003 - Following the annoucement on June 17 of a binding agreement to sell its phosphorus-based polyurethane flame retardants business to Albemarle Corporation, Rhodia today confirmed all regulatory approvals have been received and the sale has been completed. Used in rigid and flexible polyurethane ...
18-Jul-2003 - New processes for the future was the subject of the third International Scientific Conference organized by Rhodia at the Ecole Normale Supérieure in Lyon, France, held from July 15 - 17. A forum dedicated to the sharing of ideas and open discussion, this year's meeting was attended by nearly 200 ...
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