China’s Shenma, Rhodia in partnership talks - sources

19 May 2009 11:58  [Source: ICIS news]

GUANGZHOU (ICIS news)--China’s major polyamide producer Pingdingshan Shenma Engineering Plastics is in talks with France’s Rhodia Polyamide to form a strategic partnership, sources at Shenma said on Tuesday.

“There’ll be some form of partnership but it’s still under discussion,” one of the sources said on the sidelines of the Chinaplas 2009 exhibition, declining to reveal further details.

Rhodia Polyamide’s president Laurent Schmitt said that the company was open to a partnership if it could benefit both partners and their customers, but he declined to comment further.

Schmitt was answering a reporter’s inquiry on the suggestion of partnership talks during a press conference.

To discuss issues facing the chemical industry go to ICIS connect

By: Chow Bee Lin
+65 6780 4359

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly