Pharma Industry
Industry: Email Alert RSS FeedRhodia Outlines Specialty Chems Growth Strategy.
Chemical Market Reporter, June, 1998 by Milmo, Sean
Company foresees growth in major world markets through new technologies. RHODIA IS AIMING to take advantage of its close research links with the life sciences operations of Rhone-Poulenc to build a strong position in specialty chemicals, particularly in ingredients for personal and home care products.
Rhone-Poulenc separated its life science and chemicals operations at the beginning of the year by creating Rhodia as an independent specialty chemicals entity, in which it plans to float 30 percent of its shares by the end of this month. Nonetheless, the two parts of the group are expected to benefit from technological synergies between life sciences and chemicals. "One of our main competitive advantages is the synergies between pharmaceuticals and...
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