1 May 2013
Details
Chemtura
has completed the sales of its
antioxidants and UV stabilizers business,
including dedicated manufacturing plants in
the U.S., France and Gemany to
affiliates of SK Capital Partners
for $200 million.
The divestiture completes the first of portfolio transformation,
which will
* simplify portfolio,
* position the company to better exploit industry growth trends
in chosen area of market focus,
* benefit from exposure to faster growing regions and
* continue to deliver margin expansion to meet performance goals.
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