ST LOUIS (Feb. 2, 2011)—Solutia Inc has sold another portion of its Flexsys division.
The firm said it sold its dithiocarbamates and tetrabenzylthiuram disulfide businesses to Performance Additives Europe GmbH, a subsidiary of Behn Meyer Chemical Holding (S) Pte. Ltd., for $26 million, subject to a customary working capital adjustment. The products are manufactured in Termoli, Italy.
Last November, Solutia announced the sale of its Perkalink and primary accelerator business activities to Lanxess.