Rhodia completes sale of its sulfuric acid business to INEOS Chlor Limited
Rhodia confirmed it has completed the sale of its sulphuric acid business based at its Staveley (Derbyshire) manufacturing site to INEOS Chlor Limited.
Production assets are not included and, as part of the transaction, the site will continue to manufacture sulphuric acid products on an exclusive basis for supply to INEOS Chlor for an agreed period of time, after which the sulphuric acid plant will close, marking the total closure of the site.
The sale to INEOS Chlor of the chlor-alkali business also based at Staveley will complete on 31 March 2005 when manufacturing at the Staveley site will end.
The two manufacturing facilities at Rhodia's Staveley site principally make sulphuric acid and chlorine for a wide range of markets, including agriculture, water, semi-conductors, pharmaceuticals, pigments and waste treatment. Currently 76 people are employed at the site. These businesses generated sales in 2003 of approximately £20 million.
Other news from the department business & finance
Get the chemical industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.