JANUARY 20, 2010
Siltech Corporation is pleased to announce that it has acquired Rhodia's manufacturing facility in Mississauga, Ontario, Canada.
The 113,000 sq ft plant, situated on 8 acres of land, is well equipped with highly specialized chemical reactors, bulk storage and rail road facilities. Siltech will retain Rhodia's 42 employees and will continue to manufacture Rhodia's products under a long-term contract.
This acquisition is important for Siltech as it offers large additional manufacturing capacity with highly skilled people, which Siltech needs for its long term growth. Siltech's present manufacturing and research facility in Toronto will continue to operate as it's headquarters.
Siltech develops and manufacturers a wide line of organo-modified silicone surfactants and functionalized silicone polymers for the global market, using its patented technology. The products are used in a wide range of applications from personal care, polyurethane foam, inks and coatings, plastics, car care and many other industrial applications.
