Rhodia and SIBUR sign letter of intent for Joint venture in surfactants in Russia and CIS

摘要

Rhodia and SIBUR have signed a letter of intent to create a joint venture in specialty surfactants. This strategic alliance would be focused on creating a leader in the CIS market where specialty surfactants are used particularly in home and personal care and oil and gas industries, with the surfactants sector growing at more than 6%/y. The evolution of consumer demand for more sophisticated and segmented products, such as shampoos, conditioners, shower gels, laundry and household detergents, and the need for high performance solutions in oil and gas extraction fields are driving volume growth of specialty surfactants in the CIS region.