Friday, May 4, 2007

UPDATE 1-Chemtura to sell organic peroxides business

(Reuters) - The cash transaction will include Chemtura's Marshall, Texas, manufacturing facility, which employs about 40 people, and is expected to close within 90 days, pending regulatory approval, Chemtura said.

Proceeds of the sale to will be used primarily for debt reduction, it said.


Read more at Reuters.com Bonds News

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