Solutia Announces Sale of Rubber Chemicals Businesses for $26M

Solutia Inc. SOA announced today that it has sold its dithiocarbamates (DTCs) and tetrabenzylthiuram disulfide businesses to Performance Additives Europe GmbH, a subsidiary of Behn Meyer Chemical Holding Pte. Ltd., for $26 million, subject to a customary working capital adjustment. These products are manufactured in Termoli, Italy.