Rhodia (company)
From Wikipedia, the free encyclopedia
Rhodia is an international chemical company based in Paris, France. It is a leader in several specialty chemical markets. Its shares trade on the Euronext and NYSE stock exchanges. Rhodia was originally the chemicals division of Rhône-Poulenc. It was spun off into a separate company in 1998.
[edit] L'affaire Rhodia
In 1999 and 2000 Rhodia acquired Albright and Wilson, a British chemical company and ChiRex, an American specialty pharmaceutical company. In 2003 and 2004, Edouard Stern and Hugues de Lasteyrie filed suit against Rhodia with claims of accounting irregularities. At the time, Thierry Breton was a board member and he is currently (since 2005) the Minister of the Economy, Finance and Industry (France). Edouard Stern was assassinated on March 1, 2005.
