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Rhodia announced that the UN Framework Convention on Climate Change (UNFCCC) secretariat has registered its project to reduce greenhouse gas emissions at its Paulinia facility in Brazil. This decision grants the group a final approval to deploy the project. According to the company, the investment will become operational during the first semester of 2007. In November, Rhodia obtained UN’s agreement regarding its Onsan site, in South Korea. These two projects in South Korea and Brazil are developed by the group within the scope of the Clean Development Mechanism (CDM) initiative established by the Kyoto protocol.
Rhodia is a global specialty chemicals company specializing in applications chemistry, specialty materials and services and fine chemicals. Recently, the company was awarded the “Prix Special du Jury” by the Conseil Supérieur de l’Ordre des Experts Comptables (National Association of Certified Public Accountants) for its 2004 Sustainable Development Report. This prize recognizes the company for its efforts in identifying key environmental issues and commitments the company has made in this area. Jacques Khéliff, vice president of sustainable development, said in a press statement: “This prize rewards a veritable culture of individual responsibility deeply rooted within the group and it pays tribute first and foremost to Rhodia’s 20,000 employees.”