FRENCH specialty chemical company Rhodia SA aims to double China sales in five years, its chief executive officer said yesterday in Shanghai.
The company had sales of 400 million euros in China last year, representing an on-year growth of 20 percent.
"We expect the growth rate could remain and to double the sales in five years," Jean-Pierre Clamadieu told reporters at an event. Rhodia is set to open a diphenols plant in Zhenjiang, Jiangsu Province, today and looking for further industrial expansion in China, according to a statement.