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Among the company's divestitures was its titanium dioxide operations, sold off in 1997, and the company began to prepare for an exit from the polyester market, shutting down a number of its European polyester production facilities.
When Rhodia S.A. was created in 1998, it already boasted nearly 150 years of history.
The year 1999 marked a turning point for the company, as parent Rhône Poulenc sold off its position, setting Rhodia free as an independent company.
1999: Rhodia acquires Albright & Wilson; Aventis sells its shares in Rhodia.
2000: Rhodia acquires United States-based chemicals firm ChiRex.
Come 2008, Solvay divested its Pharmaceuticals branch to focus on two areas: Chemicals and Plastics.
In 2011, Solvay launched a successful friendly takeover bid for Rhodia, a French chemical company.
In 2013, the Group, now radically transformed, began a new chapter in its history.”
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Tergus Pharma | 1994 | $11.6M | 116 | 11 |
| Oncobiologics, Inc. | 2010 | $1.4M | 83 | - |
| Irvine Pharmaceutical Services | 1988 | $6.7M | 100 | - |
| Irisys | 1966 | $3.0M | 63 | - |
| Apicore US | 2005 | $37.8M | 20 | - |
| Amneal Pharmaceuticals | 2002 | $2.8B | 6,500 | 105 |
| STASON PHARMACEUTICALS | 1994 | $1.2M | 20 | - |
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