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Business
Chemtura sells water additives
May 22, 2006
| A version of this story appeared in
Volume 84, Issue 21
Chemtura has completed the sale of its industrial water additives business to Close Brothers Private Equity for $85 million. The business had sales of $80 million last year. Chemtura will continue to manufacture the additives at facilities in Adrian, Mich., and Trafford Park, England. About 40 nonmanufacturing employees will become employees of BWA Water Additives, a Close Brothers affiliate.
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