Rhodia Acetow has been renamed Solvay Acetow. The change comes in the wake of Solvay’s acquisition of Rhodia in September 2011. The name Rhodia will continue to be used for certain products, including Rhodia Filter Tow, Rhodia DE-Tow, Rhodia Coloured Tow, Rhodia FilterSorb and Rhodia Acetol.
Headquartered in Brussels, Belgium, Solvay became one of the top-10 players in the global chemical industry when it bought specialty chemicals maker Rhodia. The group, which celebrates its 15oth anniversary this year, employs about 29,000 people in 55 countries and generated net sales of more than €12 billion ($15.4 billion) in 2012.
The founding Solvay family remains a key shareholder in the business.
Solvay Acetow employs about 1,350 people and has five production sites worldwide.
Category: Breaking News