Rhodia acquisition capacity expansion in guar technology

Rhodia for acquisition and capacity expansion in guar technology

4:01 PM, 8th June 2011
Rhodia for acquisition and capacity expansion in guar technology
Rhodia centre.

PARIS, FRANCE: Exploring the potential in guar technology, Rhodia recently said that it will acquire the new guar derivatives production unit belonging to the Suzhou HiPro Polymers company. Based at Zhangjiagang in China (Jiangsu Province), this Chinese unit will complement Rhodia’s existing global guar derivatives manufacturing footprint with production units located in North America (US), in Europe (France) and in Asia-Pacific (India). This acquisition will enable Rhodia to meet the fast-growing demand for guar–based products in Asia, particularly from the personal care market. The financial details of the deal were not disclosed.

 

In parallel, Rhodia also is investing in its North American facility in Texas (Vernon) to increase its guar derivatives production capacity and improve its competitiveness. This additional capacity will contribute to meeting increasing global customer demand, in particular in the oilfield & gas and personal care markets. “These two investments are completely in line with Rhodia Novecare’s strategy targeting organic as well as external growth. Following the recent acquisition of Feixiang Chemicals in surfactants, it also represents a further step in our drive to develop our presence in China and capture the fast-growing market in Asia-Pacific,” informed Emmanuel Butstraen, President, Rhodia Novecare.

 

Rhodia’s guar-based range is derived from the vegetable and renewable fibers of guar beans. Natural guar-based products are used in the personal care market to provide hair and skin conditioning benefits in shampoo and cleansing products. They are also used as antidrift agents in Rhodia’s patented agrochemical applications and as a thickener in oil and gas extraction.

© WOC News


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