Siltech buys Rhodia plant in Canada

ERJ staff report (R&PN)

Toronto, Ontario -- Surfactants manufacturer Siltech Corp. has bought Rhodia's manufacturing facility in Mississauga, Ontario, Canada.

Siltech said the 113,000-sq.-ft. plant, situated on 8 acres of land, “is well equipped with highly specialised chemical reactors, bulk storage and rail road facilities.”

According to the Canadian company, it aims to retain Rhodia's 42 employees and continue to manufacture Rhodia's products under a long-term contract.

Siltech President Dag Enhorning said the acquisition was “important for Siltech, as it offers large additional manufacturing capacity with highly skilled people, which Siltech needs for its long-term growth.”

The company's present manufacturing and research facility in Toronto will continue to operate as its headquarters.

From Tire Business (A Crain publication)