Chemtura sells to focus on strengths

May 2007
ICIS Chemical Business;5/14/2007, Vol. 2 Issue 66, p10
Trade Publication
The article reports that Chemtura has agreed to sell its organic peroxides business to Pergan, a German firm, for an undisclosed sum. The deal is expected to close in the next three months. The business employs 40 people and posted sales of $20 million in 2006. Chemtura chairman and chief executive officer (CEO) Robert Wood says that the deal is a step towards the restructuring the company's additives portfolio.


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