PR Newswire/Les Echos/
Press release
THE ICC ARBITRATION TRIBUNAL CONFIRMS RHODIA'S RIGHTS IN THE DISPUTE AGAINST
INVISTA
Paris, January 28, 2010 - On January 22nd, 2010, an International Chamber of
Commerce arbitral tribunal issued a partial award in Rhodia's dispute with
Invista concerning the use of certain technology used to manufacture polyamide
based products.
Rhodia is very pleased with the ruling, which vindicates most of Rhodia's
arguments in this first phase of the proceedings.
Rhodia initiated the arbitration in October 2007 to confirm its rights to use
certain information relating to the manufacture of adiponitrile (ADN) from
butadiene in the construction of a potential new ADN plant.
Rhodia is an international chemical company resolutely committed to sustainable
development. As a leader in its businesses, the Group aims to improve its
customers' performance through the pursuit of operational excellence and its
ability to innovate. Structured around six Enterprises, Rhodia is the partner
of major players in the automotive, electronics, flavors and fragrances,
health, personal and home care markets, consumer goods and industrial markets.
The Group employs around 14,500 people worldwide and generated sales of
EUR4.8 billion in 2008. Rhodia is listed on Euronext Paris.
For further details, please visit our institutional website at www.rhodia.com
Contacts
Media relations
Lamia Narcisse Tel. +33 (0)1 53 56 59 62
Investor relations
Maria Alcon Tel. +33 (0)1 53 56 64 89
Benjamin Bruneau Tel. +33 (0)1 53 56 64 42
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