Volume 91 Issue 42 | p. 6 | News of The Week
Issue Date: October 21, 2013 | Web Date: October 18, 2013

Chemical Firms Sell Businesses In Wave Of Divestitures

Restructuring: Dow, Chemtura, and Clariant find buyers for businesses that no longer fit
Department: Business
Keywords: mergers & acquisitions, M&A, deals, specialty chemicals, catalysts

After a lackluster first half, the chemical industry has picked up the deal-making pace. As part of the activity, three companies have signed agreements to divest businesses that don’t align with their corporate goals.

In recent days, Dow Chemical agreed to sell its polypropylene catalyst division to W.R. Grace, Chemtura said it will sell its consumer products business to KIK Custom Products, and . . .

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