Posted in | News | Adhesives and Sealants

Rhodia Signs Agreement to Divest European Cartridge Silicone Sealants to Henkel

Aug 9 2005

Related Stories

Rhodia has announced the signing of a binding agreement for the sale of its European cartridge silicone sealants business to Henkel. This business comprises the production and distribution in Europe of a wide range of silicone sealants sold in cartridge form for the construction and Do-It-Yourself (DIY) markets. The transaction should be finalised in the coming weeks pending regulatory approvals.

With 158 employees based mainly on sites in Leverkusen in Germany and Leicester in the UK, the business generated sales of more than 50 million euros in 2004.

The Rhodia Group will continue to develop and manufacture core intermediates as well as bulk silicone sealants and market them in Europe and the rest of the world.

This divestment forms part of the divestiture of non-strategic activities being undertaken by the Group to consolidate its business portfolio.

http://www.rhodia.com

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
(Logout)
Your comment type
Submit

Sponsored Content

Editorial Highlights

The Current State of the Global Semiconductor Market

The Current State of the Global Semiconductor Market

The global semiconductor market has entered an exciting period. Demand for chip technology is both driving the industry as well as hindering it, with current chip shortages predicted to last for some time. Current trends will likely shape the future of the industry, which is set to continue to show

How are Graphene Batteries Made?

How are Graphene Batteries Made?

The primary distinction between graphene-based batteries and solid-state batteries lies in the composition of either electrode. Although the cathode is commonly changed, carbon allotropes can also be employed in fabricating anodes.

Newsletters you may be interested in

See all Newsletters »

Terms

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

Provide Feedback