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Rhodia Completes Feixiang Acquisition

Move bolsters Novecare portfolio.

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By: TOM BRANNA

Editor

Specialty chemical producer Rhodia has completed the acquisition of Feixiang Chemicals (Zhangjiagang) after receiving approval of the Chinese authorities. Located in Zhangjiagang near Shanghai, Feixiang Chemicals is a China’s leading producer of amines and surfactants, and employs about 650 people. According to Rhodia, this acquisition represents a unique opportunity to integrate specialty amines technologies and key intermediates of surfactants, into Novecare’s business portfolio. The combin...

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