sector: Basic Materials ·
industry: Chemicals - Specialty ·
As of
8:02pm IST
11.50EUR
Rhodia is engaged in the development and production of specialty chemicals. It provides solutions to automotive, electronics, flavors and fragrances, health, personal and home care, consumer, goods, and industrial, through its global enterprises. The Company’s operating activities were organized into six global enterprises: Polyamide, Novecare, Silcea, Energy Services, Acetow, and Eco Services. On February 27, 2009, Rhodia completed the acquisition of McIntyre Group Ltd. In 2008, the Company discontinued its Organics segment.
BRIEF: For the six months ended 30 June 2009, Rhodia SA's total revenue decreased 20% to EUR2.14B. Net loss from continuing operations totaled EUR163M, vs. a net profit of EUR73M. Total revenue reflects decreased demand for the Company's products and services in all business segments, except Acetow. Net loss from continuing operations reflects decreased operating margins due to higher restructuring costs as well as lower financial income.
Rhodia S.A.
Immeuble Coeur Defense
Tour A, 110
esplanade Charles de Gaulle
Courbevoie 92400
P: +331.53566464
F: +331.53566459