Lanxess to grow additives business while moving further away from synthetic rubber with Chemtura buy

Germany-based Lanxess, which spun off from Bayer in 2004, recently announced that it would acquire U.S. rival Chemtura, which formed as a result of the merger between Great Lakes and Crompton in 2005, for €2.4 billion ($2.7 billion). This represents the largest acquisition in Lanxess’ history and is...

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