Posted in | News | Adhesives and Sealants

Rhodia Agrees to Sale of its Latex Business

Nov 7 2005

Related Stories

Rhodia has announced the signature of an agreement for the sale to the US Hexion Specialty Chemicals Group of its Latex business activities (latex dispersions & powders and organic foam control agents). The divestment is expected to be completed by the end of this year once all the necessary legal authorizations have been obtained.

The latex dispersions & powders and organic foam control agents developed and marketed by Rhodia Coatis are chiefly used in the markets for decorative paints, specialty mortars used in the construction industry, and liquid adhesives. The Latex business is chiefly based in Western Europe but also enjoys strong positions in Asia, North & Latin America. It employs a total of almost 440 people worldwide and generated net sales of approximately €150m in 2004.

This disposal forms part of the campaign to divest non-strategic activities* pursued by the Group with a view to refocusing 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