Printer Friendly

RHONE-POULENC INTENDS TO SELL ITS ACTIVITIES OF IQM IN MEXICO

 PARIS, March 22 /PRNewswire/ -- The Organic & Inorganic Intermediates Sector of Rhone-Poulenc intends to sell its activities in IQM operating in Mexico to QFL.
 In 1992, IQM had sales of U.S. $36 million and employed 365 people mainly in the aluminum fluoride and xanthates production. These products are used in primary aluminum manufacturing and mineral treatment, respectively.
 These activities do not correspond with the core strategic worldwide businesses of Rhone-Poulenc. The transaction with QFL provides the best possibilities for development for the IQM business based in San Luis Potosi and Morelia.
 QFL is part of a well established Mexican industrial group, also comprising QB Industrias, a manufacturer of stretch plastic film and industrial resins, and Quimic, a producer of fatty acids.
 -0- 3/22/93
 /CONTACT: Bertrand Salle de Chou of Rhone-Poulenc, 33-1-47-68-02-15/


CO: Rhone-Poulenc; IQM ST: Pennsylvania IN: CHM SU: TNM

MJ-LJ -- PH019 -- 8308 03/22/93 14:56 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 22, 1993
Words:151
Previous Article:PENNDOT TO EXTEND OPERATION OF POTHOLE HOTLINE
Next Article:WSDOT: TRAFFIC RESTRICTED ON TWO MAJOR RAMPS THIS WEEKEND


Related Articles
RHONE-POULENC SELLS ITS HIGH-PERFORMANCE POLYMERS BUSINESS TO CIBA-GEIGY
RHONE-POULENC LAUNCHES OFFER FOR REMAINING PARTICIPATING SHARES SERIES 'A'
RHONE-POULENC S.A. ISSUES FINANCIAL RESULTS FOR THE FIRST NINE MONTHS OF 1995
RHONE-POULENC ANNOUNCES 1ST QUARTER 1996 FINANCIAL RESULTS
Rhone-Poulenc to Construct a Multi-Purpose Site in Shanghai
Rhone-Poulenc S.A. Reports Fourth Quarter Results
Rhone-Poulenc S.A. Successfully Completes Tender Offer For Rhone-Poulenc Rorer Inc.
Project for the Sale of Rhone-Poulenc's Titanium Oxide Activities To Millennium Chemicals Inc.
Leading Bio-Technology Company Rhone-Poulenc Ag Company Automates Mobile Sales Force with Customer Interaction Solution from Aurum Software
Rhone-Poulenc Plans to Divest Its Garden Products Business To World Leader Scotts

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters