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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Rhodia Sets Targets, Switches to Business Units

8:26 AM MDT | October 8, 2010 | Natasha Alperowicz

Rhodia has announced growth targets for 2013-15 and says it will reorganize its operations into global business units (GBU), replacing the company’s current enterprises structure. Rhodia aims to generate an annual Ebitda, excluding carbon credits, of more than €1 billion ($1.39 billion) within 3-5 years, which represents growth of about 40% compared with the company’s expectations for this year, says Jean-Pierre Clamadieu, chairman of Rhodia. The company will focus on three key drivers: organic growth, innovation of products and processes, and acqusitions...

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