Rhodia has announced the acquisition of Chinese amine and surfactant company, Feixiang Chemicals. Headquartered in Zhangjiagang near Shanghai, Feixiang Chemicals is one of the country's leading producers of specialty amines and surfactants, and employs 650 people.
“This acquisition is a key step in the implementation of Rhodia’s profitable growth strategy. Through the integration of Feixiang Chemicals, Rhodia significantly strengthens its leadership positions in the surfactant business, while enhancing its footprint in the world’s fastest growing region", commented
Rhodia chairman & CEO, Jean-Pierre Clamadieu.