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Business

Chemtura buys seed business

April 3, 2006 | A version of this story appeared in Volume 84, Issue 14

Chemtura has acquired Bayer CropScience's Trace Chemicals seed treatment business for an undisclosed sum. The deal includes a 14-person formulation facility in Pekin, Ill., and the Trace product line. Chemtura calls Trace a U.S. leader in farmer-applied seed treatments that rounds out Chemtura's existing seed treatment expertise. Chemtura sold its half of the Gustafson seed treatment business to partner Bayer CropScience for $124 million about two years ago.

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