Chemtura plans to sell EPDM business.

Chemtura, Middlebury, CT, announced that Lion Chemical Capital LLC is the potential buyer of the company's EPDM business and the Rubber Chemicals businesses associated with Geismar, LA, as well as Flexzone antiozonants worldwide. The companies expect that a definitive agreement will be completed by year end. Chemtura is selling its EPDM and Rubber Chemicals businesses in order to focus more intently on its core businesses. Lion plans to merge the two businesses into its existing Lion Copolymer business, located in Baton Rouge, LA. Lion Copolymer is said to be a leading manufacturer and marketer of synthetic rubber.