IHS Chemical Week

Markets :: Engineering Plastics :: Nylon

Rhodia Buys Plastics Compounder in India

11:24 AM MST | December 20, 2010 | Ian Young

Rhodia says it has agreed to acquire PI Polymer, the engineering plastics compounding business of chemical manufacturer PI Industries Ltd. (Udaipur, India). Financial terms were not disclosed. PI Polymer expects to achieve sales of $13 million in the fiscal year ending March 31, 2011. The acquisition price represents an estimated 2010-11 Ebitda multiple of about 7x, Rhodia says. The deal covers one compounding plant, as well as R&D capabilities, customer base, and a logistics network, Rhodia says. The deal is expected to close by the end of March 2011. The...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa