Rhodia Aroma Performance reveals the new revamped branding and repositioning of the company’s flagship products Rhovanil®, Rhovanil® Natural and Rhodiarome® which meet the highest manufacturing safety standards demanded by the food industry. Henceforth these market-leading products will be dedicated to the food industry such as bakery, chocolate, confectionery, beverages and other dairy product applications.
Sao Paulo, September 6, 2011 - If you depend on a supply of vanilla flavoring, the panettones, cakes and chocolates sold over the Christmas period are safe. Rhodia, the worldwide leader in the production and sale of vanillin and ethyl-vanillin, has already delivered the orders placed by flavor manufacturers and food sector companies in Latin America for this event. Its Rhovanil® vanillin and Rhodiarome® ethyl-vanillin meet market demand and food applications requirements.
In accordance with the intentions stated in its offer document and its press release dated 31 August 2011, Solvay has informed today the French market authority (AMF) of its decision to implement a squeeze-out procedure for the shares and the bonds convertible.
Solvay and Rhodia announced today the success of Solvay’s tender offer on Rhodia for EUR 31.6 per share and American Depositary Share or ADS (equivalent in USD) and EUR 52.32 (after adjustment) per bond convertible into and / or exchangeable into new or existing shares (OCEANE).