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Rhodia to Sell Most of its Organics Business

4:25 PM MST | March 3, 2008 | Natasha Alperowicz

Rhodia plans to divest the bulk of its organics division, CW has learned. The company has appointed HSBC (Paris) to review options for the business, sources say. Rhodia confirms that it is looking at options for its organics division, which it lately reorganized to focus on “four product trees.” They are: diphenols; the TFA chain, which includes trifluoroacetic acid and derivatives; salicylates, including salicylic acid and derivatives; and isocyanates. “Rhodia Organics has decided to focus on the development of the diphenols business in which...

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