Acquisition ofIndian compounds

Rhodia has signed an agreement to acquire PI Polymer, which forecasts about 13 million dollar sales revenue for its fiscal year 2010/11. This transaction supports the group's ambition to attain more than 15% of market shares in the Indian polyamide compound market by 2015. It includes all the assets used and held by PI Polymer, primarily one industrial facility that employs more than 80 people, R&D capabilities, customer base and logistics network in India.