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Rhodia and Dupont jointly invest 300 million euros in Polyamide

Rhodia and Dupont jointly invest 300 million euros in Polyamide

News release

Paris, November 25, 1999 – Rhodia and DuPont announce today the increase in nylon intermediates production capacity of their joint venture Butachimie. Around 300 million Euros (FRF 2 billion) will be invested over 4 years.

This investment in two steps will increase the plant capacity in producing adiponitrile (ADN) by 70% and in producing hexamethylene diamine (HMDA), a downstream product of ADN, by 50%. It aims at securing Rhodia and DuPont the ADN supplying in Europe, enabling the companies to meet the regular growth of the European polyamide market demand, due in particular to the automotive market trend.

The introduction of a new DuPont technology will also allow to increase the productivity and to better preserve the environment, in order to meet Butachimie policy effect to steadily reduce the amount of waste water and gas emission.

This major investment in the Butachimie Chalampé plant will have a strong impact on the local economy.

Rhodia, one of the world leaders in specialty chemicals, contributes to improving the quality of life by developing value-added products, services and solutions for the beauty, clothing, foodstuffs and healthcare markets as well as for the environment, transport and industry. Rhodia employs 23,500 people worldwide and recorded sales of 5,5 billion Euros in 1998. Rhodia has been listed on the Paris and New York stock exchanges since June 25th, 1998. Contact Rhodia on the Internet : www.rhodia.com

DuPontis a science company, delivering science-based solutions that make a difference in people’s lives in food and nutrition; health care; apparel; home and construction; electronics; and transportation. Founded in 1802, the company operates in 65 countries and has 92000 employees. Contact DuPont on the Internet : www.dupont.com

RhodiaContacts

Press Relations

Jean-Christophe Huertas

Tel: 33 1 55 38 42 51

Investors Relations

Angélina Palus

Tel: 33 1 55 38 42 99

DuPont Contacts Jean-Louis TroncTel: 33 1 45 50 64 47