ACR-News

 
Latest News
6 May 2011

Rhodia returns record profits as take-over looms

SOLVAY'S bid for Rhodia is likely to be concluded towards the end of July, Rhodia chief executive Jean-Pierre Clamadieu has revealed at a press conference to announce record first quarter profits.
In the first quarter, net sales increased by 28% to €1,503 m from €1,176 m last year, leading to record quarter profitability with a Recurring EBITDA of €283 m compared to €221 m in 2010.

The friendly bid from the Belgian chemical company values Rhodia at €3.4 bn.

According to the Wall Street Journal, Clamadieu is set to become deputy CEO of the new entity and to take over as number one once Solvay CEO Christian Jourquin retires.
Printable View E-mail Bookmark

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...

  01-Apr-2021

Daikin to present cooling innovations at Data Centre Dynamics

Daikin will bring its specialist data centre cooling knowledge to the forefront at this year’s Data Centre Dynamics (DCD) event, taking place this September at the Business Design Centre, London. A team of experts will be on hand to advise on ...

  05-Sep-2025

Has your Chiller been checked for Refrigerant Leaks?

Has your Chiller been checked for Refrigerant Leaks?
  07-Aug-2025
https://www.acr-news.com/rhodia-returns-record-profits-as-take-over-looms