Industry News

Crompton Sells Colors Business to Sensient

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Crompton Corporation announced the sale of Crompton’s colors business to Sensient Technologies Corporation, effective Dec. 1, 2001.      Crompton will receive $32 million in exchange for the business, its Gibraltar, PA, facility and the assumption of certain liabilities by Sensient. Crompton may receive additional monies if certain performance targets are achieved by the colors business in 2002.  Crompton’s colors business, which produces dyes for paper, ink-jet printing inks and other indus...

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