Chemtura Corp., Middlebury, Conn., which is now in bankruptcy proceedings, has entered into a definitive agreement to sell its PVC additives business to SK Capital Partners, a New York–based private equity firm focusing on specialty materials,
chemicals, and healthcare. The business—which includes tin, mixed-metal, and organic-based heat stabilizers, phosphites, epoxidized soybean oil, and impact modifi ers—was mostly acquired from the former Witco Chemical and was known before that as Argus Chemical. The deal requires approval by the U.S. Bankruptcy Court.
(800) 243-2650 • chemtura.com