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Mergers & Acquisitions

Croda may exit industrial chemicals

by Michael McCoy
May 7, 2021 | A version of this story appeared in Volume 99, Issue 17

 

Croda International is undertaking a strategic review of its performance technologies and industrial chemical businesses with an eye to possibly selling them. The British firm has been shifting its focus to life sciences and consumer markets. The businesses under review had combined sales of about $650 million last year, about a third of Croda’s total sales. They produce materials including polymer and lubricant additives at sites in Europe, the US, and Asia.

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