Nylstar & Radici merger reduces Rhodia's exposure to EU textile market

06 Aug '05

3 min read

- Consolidated net debt of 2,646 million euros remained stable at a constant exchange rate basis, from March 31, 2005.

- Liquidity (cash + marketable securities + unused syndicated bank line) of around 550 million euros as of June 30, 2005.

Click here to see the details:

Paris based Rhodia is a global specialty chemicals company recognized for its strong technology positions in applications chemistry, specialty materials & services and fine chemicals. Partnering with major players in the automotive, electronics, fibers, pharmaceuticals, agrochemicals, consumer care, tires and paints & coatings markets, Rhodia offers tailor-made solutions combining original molecules and technologies to respond to customers' needs.

Rhodia subscribes to the principles of Sustainable Development communicating its commitments and performance openly with stakeholders. Rhodia generated net sales of 5.3 billion euros in 2004 and employs around 20,000 people worldwide. Rhodia is listed on the Paris and New York stock exchanges.

Rhodia

More Rhodia News... More Textiles News - France...