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12/29/2006

Rhodia Sells Silicones Business

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Paris-based Rhodia (U.S. office in Cranbury, N.J.) will soon close the sale of its global silicones business to China National BlueStar Corp. of Beijing.

Paris-based Rhodia (U.S. office in Cranbury, N.J.) will soon close the sale of its global silicones business to China National BlueStar Corp. of Beijing. Rhodia’s silicones unit, including two U.S. plants in Rock Hill, S.C., and Ventura, Calif., consists primarily of silicone rubber for moldmaking as well as silicone fluids and silanes, including a mold release for polyurethanes. A large state-owned chemical company, China National BlueStar Corp. is a major silicone producer. It also makes engineering plastics and TDI.

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