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Rhodia Buys Guar Derivatives Plant in China

10:26 AM MST | January 10, 2011 | Ian Young

Rhodia has announced the acquisition of a newly built guar derivatives production unit from Suzhou HiPro Polymers (Zhangjiagang, China) for an undisclosed amount. The deal is expected to close in the first quarter of 2011. The plant will complement Rhodia's existing guar derivatives production in France, India, and the U.S. Demand for guar-based products, particularly in the personal care market, is growing rapidly in Asia, Rhodia says. It is Rhodia's second acquisition at Zhangjiagang in a short space of time. Rhodia closed the purchase of surfactants producer...

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