Focusing on the future - Rhodia

CORPORATE BROCHURE 2006-2007 

<strong>Focusing</strong> on the future

CONTENTS 

Profile and key figures P. 01 

“Day by day they are building the Rhodia of tomorrow” P. 02 

Interview with Jean-Pierre Clamadieu, CEO P. 08 

A fresh identity, a new ambition P. 10 

Rhodia’s chemistry: with us everyday P. 12 

Responsibility at the heart of our development P. 14 

Seven Enterprises, leaders in their markets P. 18 

Making the most of our assets, investing in our future P. 22 

Today’s innovations to meet tomorrow’s challenges P. 24 

Focus: Rhodia and the automotive industry P. 26 

Corporate governance: in line with best practices P. 28 

Transparency and credibility P. 30

Corporate brochure _ RHODIA 2006-2007 

> Our business 

Rhodia, a chemist, leader in its businesses, is an international industrial 

group resolutely committed to sustainable development. The Group aims 

to improve its customers’ performance through the pursuit of operational 

excellence and its ability to innovate. 

Structured around seven Enterprises, Rhodia is the partner of major players 

in the industrial, automotive, tire, electronics, perfume, health, beauty and 

home care markets. The Group is listed on Euronext Paris and the New York 

Stock Exchange. 

Breakdown of sales by geographic zone 

Breakdown of sales by Enterprise 

Performance Materials ■ 

Functional Chemicals ■ 

Organics & Services ■ 

Key figures for the Group in 2006 

€4,810 M 

NET SALES 

€359 M 

OPERATING INCOME 

€683 M 

EBITDA (EARNINGS BEFORE INTEREST, 

TAXES, DEPRECIATION AND AMORTIZATION) 

€62 M 

NET PROFIT 

16,000 * 

EMPLOYEES 

69 * INDUSTRIAL SITES 

WORLDWIDE 

* Proforma after finalization of the sale of the Silicones business. 

01

DAY BY DAY THEY ARE BUILDING THE RHODIA OF TOMORROW... ILS CONSTRUISENT JOUR APRÈS JOUR LE RHODIA DE DEMA 

> Willdner Ribeiro do Couto • Operator • Paulinia, Brazil 

Rhodia is a good place to work and I feel I have 

the chance to do well in my job. Health, safety and 

environmental standards are absolute priorities and 

that’s very motivating for an operator like me.” 

CONSTRUYEN, DÍA TRAS DÍA, EL RHODIA DE MAÑANA… DIA APÓS DIA, ELES CONSTROEM A RHODIA DO FUTURO…

IN... SIE ERBAUEN TAG FÜR TAG DIE RHODIA VON MORGEN... COSTRUISCONO GIORNO PER GIORNO LA RHODIA DI DOMANI… 

> Caroline Mencarelli • Sales Operations and Inventory Planning Manager, 

Rhodia Polyamide • Lyon, France 

My decision to be a shareholder shows my confidence 

in Rhodia’s future. Employees everywhere contribute 

toward the Group’s performance and it’s important that 

they are associated with its results.”


> Jie Dong • Laboratory Manager • Shanghai, China 

From the very start of the discovery process, I have our 

customers’ needs in mind. Helping develop a new product 

or solution that, for example, is more environmentally 

sound is the most satisfying part of my work.” 


OW... SIE ERBAUEN TAG FÜR TAG DIE RHODIA VON MORGEN... COSTRUISCONO GIORNO PER GIORNO LA RHODIA DI DOMANI… 

Dieter Feldmann • Responsable Achats Centre Europe 

& Matières Stratégiques • Freiburg, Allemagne 

Le développement durable ne concerne pas seulement 

notre activité de production. Cela implique également de 

sélectionner et de développer une relation de partenariat 

avec des fournisseurs qui partagent nos valeurs et nos 

principes.”


> Tom Dutton • UK HSE Manager • Oldbury, UK. 

We make materials at our sites that go into products 

used by people on a daily basis. That’s why it’s vital we 

do everything in our power to make sure they’re safe and 

don’t harm the environment throughout their life cycle.” 


IN... SIE ERBAUEN TAG FÜR TAG DIE RHODIA VON MORGEN... COSTRUISCONO GIORNO PER GIORNO LA RHODIA DI DOMANI… 

> Angelia Washington • Human Resources Manager • Charleston, USA. 

The way I look at it, we are all part of the community. 

Working with our neighbors is not work – it’s about 

removing barriers and building relationships. It’s the 

best part of my job.”

<strong>Focusing</strong> 

on new challenges 

INTERVIEW WITH JEAN-PIERRE CLAMADIEU, CHIEF EXECUTIVE OFFICER 

Rhodia has regained control of its 

destiny and is once again in a position 

to build its future.” 

> Jean-Pierre CLAMADIEU


2006 WAS THE DATE SET IN 2003 FOR RHODIA’S 

RECOVERY. WHERE ARE YOU NOW 

> JPC 2006 marks the complete success of Rhodia’s 

recovery plan. We have exceeded the ambitious objectives 

we set at the end of 2003 and today we are happy to 

show our first profits for six years. The Group has significantly 

refocused its business portfolio, and today 80 

percent of Rhodia’s sales are achieved in activities in which 

the Group holds sustainable global leadership positions. 

We are back among the global leaders in the chemical industry 

and our organization is now in a fit state so that we can 

start down the road to profitable growth and face tomorrow’s 

challenges. All the Group’s employees can be proud of 

the path taken during the last three years. Their professionalism, 

motivation and confidence in the future of the company 

have been the platform on which we have rebuilt Rhodia. 

I must also extend very warm thanks to our customers and 

suppliers who have remained supportive of us throughout 

the last three years. 

RHODIA HAS EMERGED FROM THE CRISIS AT THE COST 

OF MAJOR RESTRUCTURING. 

CAN YOU DESCRIBE RHODIA TO US TODAY 

> JPC The crisis has made us stronger, and today Rhodia 

has many assets. Our business portfolio is of high quality, 

we have sound positions throughout the world, and have 

in particular built strong bases in Asia, with industrial facilities, 

teams of employees and expertise which are enabling 

us to continue to gain shares in these fast-growing markets. 

The management procedures in the Group’s Enterprises 

have been rationalized. The culture of continuous improvement 

and pursuit of operational excellence has been greatly 

developed. We have also strengthened the effectiveness of 

our R&D teams to enable us both to improve the competitiveness 

of our manufacturing processes and develop new 

products to serve our customers in the best possible manner. 

Rhodia has also made a strong commitment to sustainable 

development based on a pragmatic approach, which is 

showing remarkable results. For the last three years we have 

had one of the best safety levels in the business, with less 

than one accident with lost working time per million hours 

worked. Having been aware very early on of the importance 

of combating climate change, Rhodia has become 

resolutely committed to reducing its greenhouse gas emissions. 

Between 1990 and 2010, Rhodia will have halved its 

emissions despite the significant increase in our production 

capacities in this period. 

We were constructively involved at all stages in drawing up 

the REACH regulations and today we are ready and in the best 

position to apply them. Finally, the Group’s recovery was conducted 

in dialog with the trade union organizations; we are 

the only chemical group to have signed an agreement on a 

worldwide basis with ICEM, the International Federation of 

Chemical, Energy, Mine and General Workers’ Unions. These 

elements in our assessment of the past three years can make 

us all feel very proud. 

TODAY SEES THE BEGINNING OF A NEW CHAPTER 

IN RHODIA’S HISTORY. 

IN WHAT DIRECTION WILL YOU TAKE IT 

> JPC Rhodia has regained control of its destiny and is once 

again in a position to build its future. We shall concentrate 

our development in two major areas: Performance Materials, 

focusing on growth, mainly in Asia, and Functional Chemicals, 

where innovation constitutes an essential driving force for 

development. For the latter area, we are consolidating our 

positions in Europe and America while expanding our presence 

in Asia, giving particular priority to China. 

The good practices acquired over the last three years have 

put us in a strong position and we are committed to a new 

dynamic of controlled, profitable and sustainable growth. 

Today Rhodia has its future in its hands and many opportunities 

for expansion in front of it. We are ready to seize 

every one of them! 

8•9

A fresh identity, 

a new ambition 

AMBITION 2010 

At the end of its successful recovery, Rhodia has regained control of its destiny and is once 

again in a position to build its future. In order to give everyone a clear view of the Group’s 

strategy, Rhodia undertook a project to define its ambition for the future, in line with its 

identity and mission. 

Manufacturer 

Rhodia’s reaffirms its focus on its core business of responsible chemistry and its 

manufacturing role. 

Leader 

Today, 80 percent of Rhodia’s portfolio consists of 

activities in which the Group holds sound leadership 

positions (see pages 18 to 21). 

Worldwide presence 

In 2006, more than half of all recruitments took 

place in Brazil and China. Today, Asia and Latin 

America account for 40 percent of the total 

number of Rhodia employees compared with 

27 percent in 2003. 

High performance 

The continuous search for improvement in our 

operational performance is an essential driving 

force for the competitiveness of an industrial 

Group. This is highly motivating for everyone and 

a force for attracting new talent to the company. 

Rhodia is committed to develop and maintain professionalism 

among all its employees. 

Our identity 

“Rhodia, a chemist, leader in its businesses, 

is an international industrial 

group resolutely committed to sustainable 

development. People’s safety, 

health and environmental protection 

are our absolute priorities.” 

Resolutely committed 

to sustainable development 

Responsibility is at the heart of Rhodia’s identity. Written into 

its history for over 30 years, this commitment was demonstrated first 

through the Health, Safety & Environment policy that has enabled the Group 

to achieve a remarkable performance in these fields. Today, it is expressed through a committed 

approach to sustainable development.


Innovative capability 

With more than 1,000 research staff in five Research and Technology 

centers and 140 million euros* invested in R&D in 2006, Rhodia is 

continuously improving its products and processes in order 

to better meet its customers’ requirements and the challenges 

of sustainable development. 

Our mission 

“Totally committed to responsible 

chemistry, we aim to improve our 

customers’ performance through our 

pursuit of operational excellence 

and our ability to innovate, while 

developing people and fulfilling 

shareholders’ expectations.” 

Contributing towards 

competitiveness 

All Rhodia’s business activities find applications 

in daily life, improving the comfort, wellbeing 

or health of consumers. But Rhodia’s 

customers are manufacturers: our task is 

to enable them to develop these applications 

in the most competitive and most 

responsible way possible. 

Committed to responsible 

chemistry 

Rhodia seeks to double consumption 

of renewable raw materials in 10 years 

or offer the market new generations of 

non-toxic, biodegradable, recyclable and 

low-volatility solvents, intended mainly 

for paint manufacturers. These are just two 

examples of how Rhodia applies responsible 

chemistry, consistent with environmental 

stewardship and consumers’ expectations. 

* This figure includes data from activities “to be divested”. 

Our ambition 

“Our ambition is to make 

Rhodia an undisputed 

leader in its businesses.” 

A profitable and controlled 

growth dynamic 

Today Rhodia is in a fit state to start down the road of profitable 

growth. 

10•11

Improving our customers’ performance 

> 

Rhodia’s chemistry: 

with us everyday 

OUR APPLICATIONS 

The preferred supplier of numerous manufacturers in many business sectors, Rhodia is a 

partner of choice in their search for performance, productivity and quality. Our innovations 

aim to improve the comfort and well-being of everyone on a daily basis and protect our 

shared environment. 

Protecting the environment 

Increasing well-being


 

 

INCREASING WELL-BEING 

The day starts with a bath or morning shower, using soaps 

and shower gels formulated with Rhodia’s sophisticated 

surfactant systems, Miracare® SLB. Their luxuriant foam 

and unique texture give a feeling of immediate wellbeing, 

and ensure prolonged moisturizing of the skin. 

Washed with shampoos based on Jaguar® bio-polymers 

or Polycare® polymers, your hair will be silky, glossy and 

easy to manage. At home or when traveling, cleansing 

wipes benefiting from Rhodia’s surfactant systems ensure 

long-lasting hygiene. 

PROVIDING MORE COMFORT 

Rhodia’s Mirapol® Surf-S polymers make floors in the 

home shine and kitchenware regain all its sparkle, while 

our vanilla, woodland, floral or coumarin fragrances scent 

washing powder. For television, Rhodia’s rare earths give 

plasma or LCD displays brilliant colors. In sports activities, 

Rhodia’s low-density polyurethane and silicas give 

running shoes exceptional bounce and cushioning properties, 

qualities they keep for a long time, thanks to our 

aliphatic isocyanate-based adhesives. 

PROTECTING THE ENVIRONMENT 

The Eolys soluble catalyst plays an essential role in eliminating 

particulates emitted by diesel engines, and today 

is fitted to over 2.5 million vehicles worldwide. Recently, 

Optalys® materials, which allow the reduction of toxic 

emissions from gasoline powered vehicles, have been 

adopted by the major catalytic converter manufacturers. 

Zeosil high performance silicas reduce tire rolling 

resistance and therefore fuel consumption. Technyl® engineering 

plastics help to make vehicles lighter by replacing 

metal. In the field of industrial paints, the Rhodocoat 

range allows traditional solvents to be partly replaced by 

water so that discharges of volatile organic compounds 

are greatly reduced. 

IMPROVING OUR CUSTOMERS’ PERFORMANCE 

Oil and gas operating costs drive manufacturers to make 

their wells as profitable as possible. In partnership with 

the petroleum service companies, Rhodia provides tailormade 

technological solutions based on controlling the 

formulation of polymers and surfactants. These solutions 

improve the performance of petroleum extraction and 

inhibit corrosion in the recovery equipment, while taking 

care of the environment. 

12•13

Responsibility at the heart 

of our development 

A RESPONSIBLE GROUP 

Our responsibility is expressed on a daily basis in the way we perform our tasks and is a 

basis for the relationships of trust we maintain with our various stakeholders. 

Shareholders Employees Customers 

Suppliers The environment Local communities 

An early commitment in favor 

of sustainable development 

Rhodia published its first sustainable development report as 

early as 2000, drawing upon the Group’s long experience in 

safety at work, protection of the environment and social dialog. 

From the very beginning, it put forward a series of commitments 

with matching indicators, in order to make this report 

both an assessment and a spur for radical action. 

These exacting requirements earned it awards on several 

occasions for the quality of its information and documentation. 

In 2006, PriceWaterhouseCoopers cited our report with 

its highest valuation level for the quality of its reporting for 

the fourth consecutive year. Rhodia was also singled out by 

the auditors Deloitte as one of the three companies in the 

SBF 120* to have opted for the broadest and most demanding 

level of control. 

A sustainable development reference 

framework for structuring our progress 

In 2006, Rhodia prepared for the launch of the 

a responsibility reference framework which will enable each 

entity in the Group to evaluate its behavior and performance 

toward six stakeholders: shareholders, employees, customers, 

suppliers, the environment and local communities. 

About 200 people were involved during 2006 in defining 

the principles, commitments and indicators and carrying 

out the pilot phase. 

Tested in an initial version in the Purchasing function and 

the Engineering Plastics global business unit, this reference 

framework is being deployed throughout the Group in 2007. 

From now on, this sustainable development approach will be 

incorporated into the Group’s managerial procedures and 

written into each entity’s strategic plan. 

FREQUENCY RATE OF ACCIDENTS WITH LOST 

WORKING TIME PER MILLION HOURS WORKED (TF1). 

ALL PERSONNEL (RHODIA PERSONNEL, TEMPORARY STAFF AND OUTSIDE COMPANIES) 

ONE OF THE BEST PERFORMANCES 

WORLDWIDE IN THE CHEMICAL INDUSTRY. 

0.7 

* The SBF 120 (Société des Bourses Françaises 120 Index) is a French stock market 

index. The index is based on the 120 most actively traded stocks listed in Paris.


Prioritizing safety at work 

The effort applied over 30 years of company 

history today enables Rhodia to be 

among the leaders in safety at work on 

a global level. With less than one accident 

with lost working time per million 

hours worked, the Group achieves one of 

the best performances in the world for 

the chemical industry. In 2006, Rhodia 

invested 25 million euros for people’s 

health and safety. 

Providing better protection 

for human health and the 

environment 

Rhodia was constructively involved 

at all stages in drawing up the REACH 

regulations and anticipated their implementation. 

These regulations, which 

concern the registration, evaluation 

and authorization of chemical products, 

take effect June 1, 2007 with a gradual 

implementation over 11 years. 

As early as 2003, Rhodia decided to start 

a process of substituting its most sensitive 

substances. In 2006, the Group 

initiated a traceability plan for compositions 

of raw materials it purchases, 

in order to detect those not already 

registered by its suppliers, as required 

by January 1, 2009. The plan’s aim 

is to make sure that all procurement 

channels will conform to the REACH 

requirements and to identify “critical” 

suppliers, on behalf of which Rhodia 

would have to carry out the statutory 

registrations. REACH plans were also 

launched in the Group’s Enterprises, and 

the expert resources already available 

internally were strengthened. 

Putting REACH in place has thus led 

Rhodia to work in collaboration with 

other manufacturers by exchanging 

information, and also with its suppliers 

and customers to ensure use 

of its products in accordance with its 

recommendations. 

REACH therefore opens up many opportunities 

to improve all the procedures 

for producing and using chemicals, 

while forming the basis of open and 

confident dialog with users. 

NOVEMBER 16 2006. 

RHODIA SIGNS THE 

RESPONSIBLE CARE 

GLOBAL CHARTER 

Another expression of the 

Group’s commitment was its 

signature of the Responsible 

Care Global Charter, underscoring 

the principles of 

“Responsible Care”, to which 

Rhodia has been a signatory 

since 1997. 

In particular, the Charter 

requires improvement of 

product life cycle management, 

greater transparency 

and evaluation and publication 

of environmental 

performance. 

INSIGHT > Laurent GILBERT 

Advanced Research Director - Material Sciences, L’Oréal 

“The commitment of Rhodia’s management team and how they work with 

L’Oréal demonstrates they share our values and commitments: product 

quality and safety, anticipation of problems, openness and dialog. In so 

doing, we are working together on the registration of substances within 

the context of REACH, and are going further by opening the registration 

limits to substances which for the time being are exempted from the 

regulations. In addition, Rhodia is one of the very first chemical companies 

with which we have drawn up our new raw material qualification 

reference framework. In this way we shall together succeed in restoring 

a degree of distinction to the chemicals industry.” 

14•15

A RESPONSIBLE GROUP 

Global warming: 

a pioneering commitment 

Rhodia didn’t wait for ratification of 

the Kyoto Protocol to limit its greenhouse 

gas emissions. At the end of the 

1990s, the Group became aware of 

its position as a significant emitter of 

one of the six industrial gases contributing 

to global warming in the same 

way as CO 2 

. At that time, Rhodia made 

significant investments to reduce the 

emissions from its Chalampé (France) 

site by more than 20 million tonnes of 

CO 2 

equivalent per year. This corresponds 

to two-thirds of the increase 

in greenhouse gas emissions from 

the entire transport sector in France 

between 1990 and 2005. 

On a global level, in 2005 Rhodia initiated 

two large-scale projects to reduce 

greenhouse gas emissions at its production 

facilities at Onsan (South 

Korea) and Paulinia (Brazil). These rank 

among the most important projects 

recorded under the Kyoto Protocol’s 

Clean Development Mechanism (CDM). 

Between 1990 and 2010, Rhodia will 

therefore have reduced its greenhouse 

gas emissions worldwide by 56 percent 

in total. 

Social responsibility: 

developing the culture 

of dialog 

Human values and social responsibility 

are deeply rooted in the Group’s culture. 

This sense of shared responsibility was 

illustrated in particular in 2006 by the 

signing in France of an agreement linking 

pay increases to the success of the 

Group’s recovery. 

Rhodia’s responsibility is also expressed 

in the Employees section of the 

reference framework, 

which will make it possible to guide 

social policy in the field, taking account 

of laws and regulations as well as the 

cultural realities in each country. 

CONTINUING DIALOG 

AT THE GLOBAL LEVEL 

Rhodia is the only chemical group to 

have signed an agreement of global 

social responsibility with ICEM, the 

international federation for workers in 

the sector, which has more than 20 million 

members. 

This three-year agreement commits 

Rhodia to respect, throughout the world, 

the fundamental social rights defined 

by the International Labor Organization 

conventions, as well as the principles of 

the UN’s Global Compact. This agreement 

also concerns commitments specific to 

Rhodia regarding social responsibility, 

especially in the areas of health and 

safety at work, control of risks related 

to its businesses and care of the environment. 

Rhodia also reaffirms its rejection of 

any form of discrimination and its commitment 

to the pursuit of a full and 

balanced social dialog. A first assessment 

has established that the methods 

of applying this agreement have been 

observed. The agreement was presented 

to the European Works Council and the 

Group Works Council in 2006, translated 

into the five main languages of 

the Group and made available on the 

Group’s website. 

RHODIA PREPARES FOR IMPLEMEN- 

TATION OF THE DIVERSITY CHARTER IN 

FRANCE 

In 2004, Rhodia signed the Diversity 

Charter, which encourages the Enterprises 

to reflect in their workforce the diverse 

components of French society and commit 

themselves in favor of non-discrimination. 

In order to apply it to the fullest extent 

possible, Rhodia asked the University of 

Evry (France) to evaluate the degree to 

which the diversity concept has been 

taken up by the Group. The results of this 

work were presented and will form the 

basis of an action plan for 2007. 

RHODIA AND SOCIÉTÉ GÉNÉRALE: A SHARED STRUCTURE 

FOR TRADING CARBON EMISSION CREDITS 

Rhodia’s efforts in combating climate change will result in the availability of 11 to 13 million tonnes 

of CO 2 

emission credits per year on the market between 2007 and 2013. They will be traded by ORBEO, 

a joint venture set up in 2006 and owned equally by Rhodia and Société Générale. ORBEO aims to be 

a leader in the CO 2 

market and a committed player in the battle against climate change.


1 Museum de Arte Jovem: participants in 

the art competition. 

Strengthening links with local 

communities 

By taking action to reduce their impact 

on the environment and supporting 

actions with the communities around 

their sites, Rhodia’s operations become 

more integrated into their local surroundings. 

The links formed help to build 

understanding and mutual trust which 

reinforce the license to operate. 

A FEW ACHIEVEMENTS 

❚ In Brazil, 300 socially excluded young people between the age of 12 

and 17, including 35 who are hearing-impaired, took part in an art 

competition on the theme “Let’s ensure the future of our planet”, in 

partnership with the Museum de Arte Jovem (museum of young people’s 

art) federal program, supported by Rhodia Brazil. To encourage as many 

children as possible to participate, prizes were awarded for the best works. 

These were then displayed at many of the Group’s sites in Brazil and France. 

The winner received a cultural trip to France. 

❚ In France, Rhodia supports the construction, in the urban area of Saint-Fons to 

the south of Lyon, of the first school in the region attempting to obtain a “High 

Environmental Quality” certification. This certification aims at integrating the 

principles of sustainable development into the structure by seeking to minimize 

its impact on the environment. The objective of this project is to combine 

education and the environment, which illustrates the Group’s responsibility 

toward society in an area where several of its industrial sites are located. 

In South Korea, Rhodia’s Inchon site is a 

member of the town’s Agenda 21 committee 

and chairs the river restoration 

committee and the regional environmental 

management committee. In 

addition, it participates in classes 

which encourage pupils to become 

more aware of these problems. 

16•17

OUR BUSINESS ACTIVITIES 

Seven Enterprises, 

leaders in their markets 

PERFORMANCE MATERIALS 

Rhodia Polyamide 

N° 2 IN THE WORLD in polyamide 6.6 markets. 

N° 3 IN THE WORLD for polyamide-based engineering 

plastics. 

Rhodia Acetow 

N° 3 IN THE WORLD for cellulose acetate fiber. 

FUNCTIONAL CHEMICALS 

Rhodia Novecare 

WORLD LEADER in mild amphoteric surfactants. 

WORLD LEADER in phosphorus chemistry. 

WORLD LEADER in guars and derivatives. 

WORLD LEADER in lubricants for steel wire drawing 

for tires. 

Rhodia Silcea 

WORLD LEADER in high-performance silicas for the 

tire, elastomer and nutrition industries. 

WORLD LEADER in rare earth-based products for control 

of transport polluting emissions, low-energy light 

bulbs, and plasma and LCD displays. 

ORGANICS & SERVICES 

Rhodia Organics 

WORLD LEADER: diphenols, vanillin and other derivatives, 

and acetylsalicylic acid (aspirin). 

N° 2 IN THE WORLD: paracetamol, coumarin and 

aliphatic isocyanates. 

Rhodia Eco Services 

WORLD LEADER in sulfuric acid regeneration. 

Rhodia Energy Services 

❚ Rhodia’s Clean Development Mechanism (CDM) projects 

account for approximately 15 percent of the volume of all 

CDM projects currently registered.


PERFORMANCE MATERIALS 

RHODIA POLYAMIDE 

4,112 €1,922 M 13 PRODUCTION 

EMPLOYEES SALES IN 2006 SITES 

The second largest producer in the world of polyamide 6.6, 

Rhodia Polyamide is prioritizing the development of its 

leadership positions in intermediates, upstream of a fullyintegrated 

polyamide chain (adipic acid, ADN, HMD, phenol, 

nylon salt, polymers) and in engineering plastics. 

The various products of Rhodia Polyamide, at the forefront 

of innovation, regularly bring technological advances and 

high performance to the very demanding markets of various 

industries such as automotive, electrical or electronic 

components, connectors, industrial or consumer goods, 

sport and leisure. 

Its technological expertise, recognized throughout the world, 

gives Rhodia Polyamide a major competitive advantage, 

as does its strong presence in Asia, one of the Enterprise’s 

main driving forces for growth. Rhodia Polyamide is continuously 

strengthening its industrial presence and production 

capacities for intermediates and engineering plastics in the 

region, with major investments in South Korea and China 

both in 2006 and 2007. 

RHODIA ACETOW 

1,271 €447 M 4 PRODUCTION 


Rhodia Acetow ranks among the three leaders in the market 

for cellulose acetate fiber, for which the main application is 

the manufacture of cigarette filters, with a market share of 

approximately 18 percent. Rhodia Acetow’s position relies 

on a sound technical expertise in the various stages of production. 

Offering a quality product with efficient customer support, 

Rhodia Acetow also practices an active innovation policy: 

patented in 2006, the Enterprise has for example recently 

launched TowCube® on the market. Vacuum-packed and 

shaped like a perfect cube, TowCube® brings improved stability 

during transportation and storage, while being very 

easy to use and completely recyclable. 

18•19

FUNCTIONAL CHEMICALS 

RHODIA NOVECARE 

2 ,219 €936 M 23 PRODUCTION 


The world leader in the chemical industry for mild amphoteric 

surfactants, phosphorus and guars and derivatives, 

based on its strong innovation capability and technological 

expertise, Rhodia Novecare provides its customers with 

high performance chemicals within long-term partnerships. 

The various technologies developed by Rhodia Novecare, 

including surfactants, phosphorus derivatives, natural or 

specialty polymers and specialty monomers, are used in markets 

as diverse as cosmetics, detergents, water treatment, 

flame retardants, oil drilling, industrial and agrochemical 

formulations, lubricants, etc. 

Improving industrial competitiveness and the quality of customer 

service while contributing to a more rapid and efficient 

management of R&D programs today form key challenges 

for Rhodia Novecare. In addition, the Enterprise intends to 

fully exploit growth opportunities resulting from customer 

requirements for more environmentally sound products. 

A global ISO 9001/2000 audit of Rhodia Novecare’s processes 

was successfully carried out in September 2006, 

leading to ISO 9001/2000 certification of all of its activities 

worldwide. 

RHODIA SILCEA 



Today Silcea is organized around two growing activities 

with high added value in which it holds world leadership 

positions: high performance silicas (Silica Systems) and 

rare earths (Electronics & Catalysis). The inventor of high 

performance silica, the Enterprise has developed products 

essential to many innovations, such as tires that help to 

improve a vehicle’s energy efficiency. 

Rare earths are natural elements that Rhodia Silcea uses, 

after separation and finishing, to formulate compositions 

intended for the automotive industry (pollution control by 

catalysis) or the electronics industry (energy saving light 

bulbs, plasma and LCD displays, precision optics, etc.).


ORGANICS & SERVICES 

RHODIA ORGANICS 



Rhodia Organics is the world leader in vanillin and ethylvanillin, 

diphenols, salicylics and HF fluorination, and the 

second largest European producer of aliphatic isocyanates. 

Its technologies are used in four major market segments: 

flavorings and perfumes, performance and agrochemical 

products, pharmaceuticals, and industrial paints and resins. 

A new diphenols production facility at Zhenjiang (China) is 

set to open in 2007. 

RHODIA ECO SERVICES 

428 €230 M 7 PRODUCTION 


Rhodia Eco Services is the world leader in sulfuric acid 

regeneration technology, primarily focused on the North 

American refining industry, where it is used in very large 

quantities. 

The Enterprise’s success is based on a number of key factors, 

including its exceptional reliability and service to its customers, 

operational efficiency and expertise in managing the 

logistics of its geographic network of production sites. 

RHODIA ENERGY SERVICES 

Rhodia Energy Services is in charge of energy supply management 

and production for Rhodia as well as on behalf of 

third parties, representing approximately 820 million euros 

of purchases worldwide. 

In addition, Rhodia Energy Services is responsible for managing 

the projects initiated by the Group for reducing its 

greenhouse gas emissions, and in particular the projects 

developed at the Onsan (South Korea) and Paulinia (Brazil) 

sites as part of the Clean Development Mechanism under 

the Kyoto Protocol. 

20•21

Making the most of our assets, 

investing in our future 

RHODIA’S GEOGRAPHIC LOCATIONS 

Developing industrial capacity and optimizing production processes: Rhodia is investing 

in these two areas to meet market expectations in terms of cost, quality and capacity. 

1 Maintenance operator, Shanghai site, 

China. 

2 HSE inspection, Rhodia Polyamide, 

Paulinia site, Brazil. 

Making the most of our assets 

The industrial culture, quality and the 

technical expertise of Rhodia’s teams 

are major factors when preparing for 

the future in those regions of the world 

where the Group has been present for 

many years. 

Operational excellence is more than ever 

central to Rhodia’s strategy and forms one 

of the key drivers for the Group’s competitiveness. 

At our Brazilian sites, production 

capacities have been optimized to make 

the most of the opportunities offered by 

the Latin American market; in Europe and 

the United States the Group also ensures 

its plants undergo continuous upgrading, 

both in terms of their productivity and 

conformity to the demands of sustainable 

development. Rhodia’s investment 

policy therefore satisfies two requirements: 

increasing capacity and improving 

the performance of our manufacturing 

tools and processes. 

North America 

Latin America 

18 PRODUCTION 

sites 

1,566 

EMPLOYEES 

17% OF SALES 

7 PRODUCTION 

sites 

3,063 

EMPLOYEES 

16% OF SALES


An investment strategy 

to differentiate 

Rhodia conducts an active strategy of 

investments centered upon the Asia 

zone which today offers the greatest 

potential for development. The growth 

of our activities in Asia to match the 

expansion of our major international 

and local customers forms a major 

driving force for development of the 

Group. Rhodia has major competitive 

advantages, with products designed to 

meet demand, and production plants 

and processes with the highest level 

of performance. 

Rhodia Polyamide: developing 

new production capacities 

Rhodia Polyamide has been present in 

Asia for many years and is continuously 

expanding there. Following the opening 

of engineering plastics production 

units in Korea and Shanghai in February 

2006, new demand for polymers led to 

the decision to construct a polymerization 

plant on the Onsan site in South 

Korea. This unit, with an annual capacity 

of 48,000 tonnes, will produce nylon 

salt and polyamide 6.6 for the manufacture 

of engineering plastics by the end 

of 2007. In line with its development 

strategy in Asia, Rhodia is also looking 

to build a production unit in China for 

HMD, another important intermediate 

in the polyamide chain. 

Rhodia Novecare: investing 

in new markets 

Rhodia Novecare anticipates new 

opportunities for significant growth in 

environmentally friendly solvents and 

oil production and has a number of 

projects under study. In addition, a surfactants 

unit is planned on the Roha site, 

close to Mumbai (India). Announced in 

October 2006, this investment is designed 

to meet the rapid growth in the personal 

care and detergent markets in India, created 

by the demands of a middle class 

estimated at 150 million people. The 

new unit will join the five surfactant and 

specialties plants already operational in 

China, Indonesia, Thailand and Japan. 

Rhodia Silcea: responding to 

the demand for “green” tires 

To meet the demand of the global market, 

and especially Asia, for tires with 

low rolling resistance, a significant 

investment is being made to upgrade 

the Qingdao (China) plant for the production 

of highly dispersible silicas 

used to manufacture this type of tire. 

In addition, studies have been initiated 

RHODIA’S ASSETS 

❚ Manufacturing technologies 

that are cheaper and more 

environmentally friendly. 

❚ Operational excellence. 

❚ Knowledge of its 

customers’ businesses. 

❚ Long-term partnerships. 

with a view to opening a new silicas 

unit on the same site, with production 

planned to start at the beginning 

of 2009. 

Rhodia Organics: strengthening 

its presence in diphenols 

A diphenols unit at Zhenjiang (China) 

will start up in June 2007 which 

will strengthen Rhodia’s position as 

world leader in the diphenols chain, 

supplementing its production bases 

at Saint-Fons (France) and Baton 

Rouge (USA). 

Europe 

Asia-Pacific 

24 PRODUCTION 

sites 

8,085 

EMPLOYEES 

47% OF SALES 

20 PRODUCTION 

sites 

3,210 

EMPLOYEES 

20% OF SALES 

22•23

Today’s innovations to meet 

tomorrow’s challenges 

INNOVATION 

Rhodia’s R&D employs more than 1,000 research staff in five international Research and 

Technology centers in Aubervilliers and Lyon (France), Shanghai (China), Paulinia (Brazil) 

and Bristol (USA). In 2006, Rhodia filed 127 patent applications resulting from its research 

work. 

Rhodia’s Research and Development 

has two main objectives: in the shortand 

medium-term it aims to contribute 

toward improving the competitiveness of 

existing processes and developing new 

products anticipated by the market. In 

the longer term, Rhodia is committing 

some of its innovation and marketing 

resources to “breakthrough” projects 

associated with major challenges. To 

support these programs, the Group is 

strengthening its research capability by 

creating “critical masses” of skills. In particular 

it is developing partnerships with 

public research bodies – notably with 

France’s National Center for Scientific 

Research (CNRS) with the creation of 

combined laboratories. 

Contributing to the 

development of our product 

ranges 

In 2006, 18 percent of Rhodia’s sales 

were generated by products less than 

fi ve years old. Now launched on an 

international basis, our Structured 

Surfactant Liquid® technology is, for 

example, revolutionizing the rules for 

formulating shower gels by enabling 

the incorporation of new active substances 

and access to unique sensory 

properties. In addition, the third generation 

of viscoelastic surfactants will 

be adapted to the extreme conditions 

experienced in oil wells that operators 

must exploit to meet the increasing 

demand for energy. 

The Group has also enhanced its automotive 

offering with, in particular, the 

TECHNYL® A 218 and TECHNYL A 548 

grades, suitable for cooling systems and 

automobile radiators and for extruded/ 

molded/blown parts of motorcycle 

gasoline tanks. These new grades of 

engineering plastics satisfy the environmental 

challenges of performance and 

reduction in weight and cost incorporated 

by vehicle manufacturers. 

Improving productivity 

and capacities 

In 2006, Rhodia’s global network of 

experts, in collaboration with industrial 

teams, expanded their work on continuously 

improving process performance. 

This resulted in significant improvement 

of the polyamide polymerization technology 

with a new catalysis which, through 

shorter cycle times, frees up capacity on 

previously full units. 

Preparing for the future 

Although 80 percent of R&D resources 

have short- and medium-term objectives 

(enhancing existing product ranges, 

improving process productivity and 

increasing capacity to respond to market 

needs) the Group is investing 20 percent 

of its research resources into ambitious 

longer-term projects and the strengthening 

of its technological skills. 

Included in its main areas of research is 

the “Process Intensification” program. 

This is directed at developing more efficient 

processes, requiring less investment 

and in line with the environmental and 

energy challenges of tomorrow. For this, 

Rhodia is taking part in programs supported 

by the European Community 

and participates actively in the Axelera 

Competitiveness Cluster. Bio-resources, 

another major area of research, constitute 

an opportunity to develop products 

that are safer for the environment. 

AXELERA 

The Axelera Chemistry/Environment Competitiveness Cluster set up by Rhodia, Suez, Arkema, 

CNRS and the French Petroleum Institute aims to accelerate the development of sustainable 

chemistry at national and international levels. After the launch in 2005 of the “Process 

Intensification” project, 2006 saw the initiation of Rhodanos, a major project devoted to 

water treatment. The other projects set up and registered in 2006 were: “Bio-resources 2015”; 

“Duramat” for eco-design of materials; “Valorsite” for phytoremediation of soils and “Force PA” 

whose aim is to develop future generations of high performance PA (polyamide) polymers.


Preparing for the future 

“Green” solvents 

Rhodia is working on environmentally friendlier 

“green” solvents suitable for industrial processes. 

Using raw materials such as glycerol, widely 

available on the market due to the increase 

in bio-fuels or other substances derived from 

renewable raw materials, Rhodia is developing 

solvent substitution solutions that perform just 

as well but are more environmentally sound. 

Developing our product ranges 

Optalys® 

and capacity 

Improving productivity 

Diphenols 

The Optalys® range to reduce polluting 

gas emissions from gasoline 

powered vehicles has been launched 

on an international basis and 

adopted by the five main catalytic 

converter manufacturers 

in the world. 

Considerable improvements have been 

developed for the finished product purification 

steps and the treatment of effluents from the 

production process. These will be included in 

the new 12,000 tonnes/year diphenols unit at 

Zhenjiang (China), starting up in 2007, which 

will become the benchmark for product 

quality, cost control and sustainability. 

24•25

Focus: Rhodia 

and the automotive industry 

THE AUTOMOTIVE MARKET ACCOUNTS FOR APPROXIMATELY 10 PERCENT OF THE GROUP’S SALES 

Working with our customers in the automotive sector so they can take on the challenges 

of quality, productivity and sustainable development forms one of Rhodia’s priorities both 

for today and tomorrow. 

Geographic development 

Innovation 

Partnership 

WITH THE EOLYS ADDITIVE, 

FILTERS ELIMINATE OVER 

99 PERCENT OF THE 

PARTICULATES PRODUCED 

BY DIESEL ENGINES 

Substantial economic and environmental 

challenges 

Meeting these challenges involves a range of different 

approaches, which need to be implemented in parallel: 

❚ Reducing overall weight and tires’ rolling resistance 

to save fuel. 

❚ Optimizing drive mechanisms and fuel. 

❚ Improving the performance and service life of catalytic 

converters. 

❚ Enabling parts and vehicle manufacturers to make productivity 

gains. 

Recognized skills 

In both Europe and Asia, Rhodia is working in close 

partnership with the key automotive parts and vehicle 

manufacturers on a number of specific areas of concern. 

In 2006, Cataler, a subsidiary of Toyota and catalytic converter 

manufacturer, cited Rhodia with its “best supplier 

of the year” award.


A REDUCTION 

OF 10 PERCENT IN 

A VEHICLE’S WEIGHT = 

5 TO 6 PERCENT 

FUEL SAVING 

Rhodia: expertise that can make the difference today 

Rhodia’s response to the challenges of the automotive sector is based on three major 

areas of expertise: thermoplastic and rubber reinforcement science, directed synthesis 

of active mineral substances and knowledge of the behavior and formulation of 

aqueous fluids. Through these skills, Rhodia occupies leading positions in: 

❚ Engineering plastics, increasingly used by the automotive industry instead of steel 

or aluminum, allowing vehicle weight to be reduced; 

❚ High performance silicas for tires, invented by Rhodia, which make it possible 

to reduce a vehicle’s fuel consumption and improve their adhesion on wet 

ground; 

❚ Rare earth-based formulations for automobile catalysis, which improve the 

performance and reliability of pollution-control systems while reducing their 

cost to the end user. 

Research areas to anticipate challenges: 

❚ Developing processes for reducing NO x 

, to meet European standards (Euro 5 and 

Euro 6), and for adapting pollution-control systems to future “bio” fuels; 

❚ Crossing technological barriers to extend the use of low rolling resistance tires to 

heavy vehicles (trucks, buses, etc.); 

❚ Developing engineering plastics responding to the changes in vehicle bodywork for protecting 

pedestrians, impact resistance, design and aerodynamic shape; 

❚ Developing recyclable plastics complying with future regulations; 

❚ Perfecting materials whose temperature behavior and mechanical performance are suited to the 

constraints of future internal combustion engines. 

INSIGHT > Michel ROLLIER, 

Managing Partner, Michelin Group 

“The relationship between Michelin 

and Rhodia goes back to the beginning 

of the 1980s and the development 

of highly dispersible silica (HDS) which 

has properties that are highly advantageous 

for reinforcing rubber. Rhodia’s 

contribution has been essential to the 

development of “green tires”, which 

fall within the scope of our sustainable 

mobility strategy. Michelin appreciates 

the skill of Rhodia’s teams and our 

two companies are currently involved 

in studying new products. 

Today our partnership is extended to 

Challenge Bibendum, which covers 

all dimensions of sustainable road 

mobility: fuels, propulsion systems, 

alternative energies, exhaust systems, 

new materials, increased safety, 

etc. As shown by Rhodia during the 

2006 Challenge Bibendum, the chemicals 

industry is capable of providing, 

without exception, elements of solutions 

in all these areas, in collaboration 

with many other partners. 

Rhodia is therefore a fully-fledged 

player in road mobility and a longterm 

partner of Michelin, by our side 

in all our markets, including China 

which we both consider to be a strategic 

challenge.” 

26•27

Corporate governance: 

in line with best practices 

RHODIA’S CORPORATE GOVERNANCE 

Rhodia is committed to observing the strictest rules and principles of corporate governance 

and promoting transparency and rigor. 

Rhodia’s Board of Directors implements a 

governance policy that incorporates the 

recommendations of the AFEP-MEDEF 

consolidated report of October 2003, 

as well as the current American rules 

or recommendations. Rhodia places 

great importance on the observance 

of these rules pertaining to the independence 

of members of the board of 

directors and its committees. 

In order to satisfy the requirements 

of the Financial Security Act and the 

Sarbanes-Oxley Act, which are aimed 

at demonstrating the effectiveness 

of internal control, a specific analysis 

was carried out to identify procedures 

impacting financial information, list 

the specific risks associated with these 

procedures and define checks allowing 

their control. The effectiveness 

of the Group’s internal controls was 

recorded over the 2006 financial year, 

thus marking the success of Rhodia’s 

Sarbanes-Oxley project. 

The Board of Directors and 

its Committees 

The Board of Directors determines the 

company’s main strategic, economic, 

financial and technological policy guidelines. 

Seven of the eleven board members 

are classed as independent, according to 

criteria published in the Bouton report*. 

Three consultative committees, composed 

solely of independent board members, 

assist the Board of Directors. 

AUDIT COMMITTEE 

❚ 3 independent members 

❚ 8 meetings in 2006 

❚ 100 percent attendance rate 

The audit committee examines all matters 

of a financial or accounting nature 

and ensures that all means are in place 

to prevent and control risks to which 

the Group may be exposed through 

its activities. 

COMPENSATION AND SELECTION 

COMMITTEE 




This committee’s main responsibility is 

to formulate recommendations on executive 

compensation, share subscription 

or stock option programs and free share 

allocations. Its work also concerns any 

capital increases reserved for employees, 

replacement plans for members of 

the Executive Committee and initiatives 

for significant organizational changes 

to Group management. 

STRATEGY COMMITTEE 




The main role of the strategy committee 

is to make the necessary preparations 

for the Board’s decisions relating to the 

Group’s strategy, examining portfolio, 

investment and alliance operations in 

accordance with the strategy adopted, 

and presenting its conclusions and 

recommendations to the Board of 

Directors. 

* The Bouton report, published in September 

2002, made various recommendations to improve 

corporate governance in France. 

THE BOARD OF DIRECTORS 

❚ 11 members, 

7 of whom are independent 



Yves-René Nanot Chairman of the Board 

of Directors of Rhodia / Chairman & Chief 

Executive Officer of Ciments Français Jean- 

Pierre Clamadieu Chief Executive Officer of 

Rhodia Aldo Cardoso Member of the Board 

of Gaz de France, Orange, Imerys and Accor / 

Censor of Bureau Veritas and Axa Investment 

Managers / Chief Executive Officer of Andersen 

Worldwide (2002-2003) / Chairman of the Audit 

Committee; Member of the Compensation and 

Selection Committee Pascal Colombani 

Member of the Board of Alstom SA and British 

Energy Group plc. / Associate Director of A. T. 

Kearney / Member of the Strategy Committee 

Jérôme Contamine Senior Executive Vice 

President of Veolia Environnement and Member 

or Supervisory Board Member of various subsidiaries 

of Veolia / Member of the A & B Supervisory 

Boards of Dalkia and of the Supervisory Board of 

Dalkia France / Member of the Audit Committee 

Michel de Fabiani Member of the Board of BP 

France and Member of the Supervisory Board of 

Vallourec / Chairman and Chief Executive Officer 

of BP France (1995 to 2004); European Vice- 

President of BP Group (1999 to 2004) / Chairman 

of the Compensation and Selection Committee 

and Member of the Audit Committee Jacques 

Khéliff Board Member representing the employee 

shareholders / Sustainable Development Group 

Vice President of Rhodia Olivier Legrain 

Chairman and Chief Executive Officer of Materis 

/ Member of the Compensation and Selection 

Committee Pierre Lévi Chairman and Chief 

Executive Officer of Faurecia (2000 to 2006) / 

Member of the Strategy Committee Francis Mer 

Chairman of the Supervisory Board of SAFRAN / 

Minister of the Economy, Finance and Industry 

(May 2002 to March 2004) / Chairman of the 

Strategy Committee Hubertus Sulkowski 

Partner, Shearman & Sterling LLP.


The management team 

A dynamic management team has been assembled for an efficient and responsible group. The six members of the General 

Management Committee and fourteen other members representing all the operational and functional entities of the Group 

make up the Group’s Executive Committee (COMEX). 

4 

15 10 8 19 

9 

11 12 

13 

6 

5 18 

20 

16 

7 

2 3 

17 

1 

14 

THE GENERAL MANAGEMENT COMMITTEE 

(1) Jean-Pierre CLAMADIEU, Chief Executive Officer (2) Gilles AUFFRET, Group Executive Vice President, Operations 

(3) Yves BOISDRON, Group Executive Vice President, Strategy (4) Pascal BOUCHIAT, Group Executive Vice President 

and Chief Financial Officer (5) Bernard CHAMBON, Group Executive Vice President, Human Resources, Communications 

and Sustainable Development (6) Jean-Pierre LABROUE, Group Executive Vice President, General Counsel and Corporate 

Secretary. 

THE EXECUTIVE COMMITTEE 

Enterprises (7) Michel AUDOIN, President of Rhodia Acetow (8) Olivier CAIX, President of Rhodia Organics (9) Jim HARTON, 

President of Rhodia Eco Services (10) Eric NOYREZ, President of Rhodia Silcea (11) Philippe ROSIER, President of Rhodia 

Energy Services (12) Mike de RUOSI, President of Rhodia Novecare (13) Laurent SCHMITT, President of Rhodia Polyamide. 

Functions: (14) Lucia DUMAS, Group Vice President, Corporate Communications (15) Paul-Joël DERIAN, Group Vice 

President, Research & Development (16) Jacques KHELIFF, Group Vice President, Sustainable Development (17) Pascal 

JUERY, Group Vice President, Purchasing (18) Xavier RAMBAUD, Group Vice President, Information Systems. 

Geographic zones: (9) Jim HARTON, President, North America Zone (19) Marcos de MARCHI, President, Latin America 

Zone (20) Michel YBERT, President, Asia-Pacific Zone. 

INSIGHT > Aldo CARDOSO, Member of Rhodia‘s Board 

of Directors - Chairman of the Audit Committee 

“Rhodia was able to take the many requirements laid down by the 

Sarbanes-Oxley Act and, closely monitored by the Audit Committee 

and the Board of Directors, redefine its procedures and thus transform 

requirements into opportunities. Having come to the end of its 

recovery period, the Group now has streamlined procedures in place 

that enable tight and effective controls. These guarantee the reliability 

of the data used for decision making as well as the quality of information 

for investors.” 

28•29

Transparency 

and credibility 

RHODIA’S SHAREHOLDERS 

To regain and retain the trust of investors requires both showing operational performance 

that matches expectations and putting into practice a policy of transparency and dialog 

with all shareholders, both institutional and individual. 

1 Annual General Meeting of the Group. 

2 Letters to shareholders. 

Rhodia maintains a continuous dialog 

with the financial community and, 

especially during 2006, made every 

effort to give all its shareholders the 

means for a fuller and more immediate 

understanding of the company’s 

overall situation. 

Giving everyone concerned 

the same information at the 

same time 

To do this, a new format for publishing 

results, clearer and more complete, was 

launched in 2006. 

Rhodia is also careful to maintain continuity 

of information among its various 

financial communication media. 

In addition, press releases sent to institutional 

shareholders are also sent 

by electronic mail to members of the 

Shareholders Club, on request. 

Face-to-face meetings 

In 2006, Rhodia continued its policy of 

meetings with individual shareholders by 

attending, as every year, the Actionaria 

investor fair in Paris and organizing 

regional meetings, which were held in 

Nice, Toulouse and Strasbourg. Further 

meetings will be organized in 2007. 

Institutional shareholders: 

the change reflects market 

confidence 

During 2006, Rhodia noted a change in 

the profile of its shareholders with an 

increase in the number of “long-term” 

institutional investors. 

In addition, Rhodia also noted a return 

of French institutional investors. 

EMPLOYEE SHARE OFFER 

In the summer of 2006, 28 million 

shares, out of a total of 1.2 

billion, were created and fully 

subscribed by 5,000 employees 

who are now in a position to 

share in the Group’s success. 

This commitment by employees, 

who now represent almost four 

percent of Rhodia’s capital, is an 

important sign of confidence in 

the future of the Group.


Shareholding structure (as at 31/12/06 – as a % of capital) 

Employee shareholders 

4% 

French institutional 

investors 

23% 

Individual shareholders 

11.5% 

UK institutional 

investors 

31.5% 

Other foreign institutional 

investors 

22.5% 

North American 

institutional investors 

7.5% 

Change in the value of Rhodia shares during 2006 

Value (100 base on January 2, 2006: €1.83) 

 

 

 

 

RHODIA 

IN 2006 

+44.3% 

Value on December 29, 2006: €2.64 

 

SBF 120 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

30•31

WEBSITE: www.rhodia.com 

HEADQUARTERS 

Rhodia 

Cœur Défense – Tour A – 37 e étage 

110 Esplanade Charles de Gaulle 

92931 Paris La Défense Cedex - France 

Tel: +33 (0) 1 53 56 64 64 

Fax: +33 (0) 1 53 56 64 00 

INVESTOR RELATIONS 

❚ Contact: James Palmer 

Tel: +33 (0) 1 53 56 64 89 

❚ E-mail: fi.com@eu.rhodia.com 

SHAREHOLDER RELATIONS 

Toll-free phone, Monday to Friday 9:00 a.m. 

to 6:00 p.m.: 0800 525 525 (France only) 

CONTACTS 

❚ Contact: Catherine Jouvet 

Tel: +33 (0) 1 53 56 64 90 

❚ E-mail: actionnaires@eu.rhodia.com 

❚ On the web: visit the Shareholders’ area 

on www.rhodia.com 

❚ By mail: 

Rhodia - Relations Actionnaires 


92931 Paris La Défense Cedex – France 

❚ To write to the Committee: 

Comité Consultatif des Actionnaires de Rhodia 



PRODUCT INFORMATION: 

❚ E-mail: produit.info@eu.rhodia.com


RHODIA POLYAMIDE 

Avenue Ramboz - BP 64 

69192 Saint Fons Cedex - France 

Tel: +33 (0) 4 72 89 27 00 

Fax: +33 (0) 4 72 89 27 01 

RHODIA EUROPE 

Rhodia S.A. 

Cœur Défense - Tour A - 37 e étage 



Tel: +33 (0) 1 53 56 64 64 

Fax: +33 (0) 1 53 56 64 00 

RHODIA NORTH AMERICA 

Rhodia Inc. 

8 Cedar Brook Drive 

Cranbury - New Jersey 08512 

USA 

Tel: +1 609 860-4000 

RHODIA ASIA-PACIFIC 

Rhodia Asia Pacific Pte Ltd. 

300 Beach Road 

#27-06/07 The Concourse 

Singapore 199555 

Tel: +65 629 119 21 

Fax: +65 629 660 44 

RHODIA EASTERN EUROPE 

Affaires Internationales 

Rhodia Services 

40 rue de la Haie Coq 

93306 Aubervilliers cedex - France 

Tel: +33 (0) 1 53 56 52 44 

Fax: +33 (0) 1 53 56 52 01 

RHODIA LATIN AMERICA 

Rhodia Brasil Ltda. 

Centro Empresarial 

Av. Maria Coelho Aguiar, 

215, Bloco B - 1º A 

CEP 05804 - 902 São Paulo - Brazil 

Tel: +55 11 37 41 7393 

Fax: +55 11 3741-8238 

RHODIA ACETOW 

Engesserstrasse 8 

D-79108 Freiburg - Germany 

Tel: +49 761 511 3561 

Fax: +49 761 511 3554 

RHODIA NOVECARE 

40, rue de la Haie Coq 

93306 Aubervilliers Cedex - France 

Tel: +33 (0) 1 53 56 50 00 

Fax: +33 (0) 1 53 56 53 90 

RHODIA SILCEA 

55 avenue René Cassin CP 30210 69336 

Lyon Cedex 09 - France 

Tel: +33 (0) 4 37 91 80 90 

Fax: +33 (0) 4 37 91 81 04 

RHODIA ECO SERVICES 

8 Cedar Brook Drive 

Cranbury - New Jersey 08512 

USA 

Tel: +1 609 860 4000 

Fax: +1 609 860 2224 

RHODIA ORGANICS 

190 avenue Thiers 

69457 Lyon Cedex 06 - France 

Tel: +33 (0) 4 37 24 88 88 

Fax: +33 (0) 4 37 24 88 89 

RHODIA ENERGY SERVICES 

Tour PACIFIC 18 e étage 

11 cours Valmy - La Défense 7 

92 977 Paris La Défense - France 

Tel: +33 (0) 1 53 56 64 64 

Fax: +33 (0) 1 53 56 64 00 

Published by the Rhodia Group Communications Department. Printed on X-PER paper manufactured by the Fedrigoni 

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environmentally, socially and economically. 

Photo credits: Rhodia® photo library: Luc Hautecoeur/Corbis/All rights reserved, Mélania Avanzato, Richard Schroeder/ 

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Design: 

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Rhodia wishes to thank all members of staff who provided personal statements in this document.

CORPORATE COMMUNICATIONS 

Rhodia 

Cœur Défense – Tour A – 37 e étage 



Tel: +33 (0) 1 53 56 64 64 

Fax: +33 (0) 1 53 56 64 00

Focusing on the future - Rhodia

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