Crompton buys GE Specialty Chemicals. (In Brief).Crompton Cromp·ton , Samuel 1753-1827. British inventor of the spinning mule (1779). Corp. in Middle-bury, Conn., recently agreed to two deals with General Electric Co. Crompton is buying the Specialty Chemicals A Specialty chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant. business of GE'S Specialty Materials Div. and Crompton is also selling its OSi Specialties business to GE Specialty Materials. GE Specialty Chemicals, based in Morgantown Morgantown, city (1990 pop. 25,879), seat of Monongalia co., N W.Va., near the Pa. line, on the Monongahela River; inc. 1785. A shipping point for a coal and limestone region, it also has glass, chemical, office furniture, mining equipment, and pharmaceutical , WVa., supplies antioxidants Antioxidants Substances that reduce the damage of the highly reactive free radicals that are the byproducts of the cells. Mentioned in: Aging, Nutritional Supplements antioxidants, n. and impact modifiers. This acquisition will help make Crompton one of the largest plastics additives producers. OSi Specialties is based in S. Charleston, W.Va., and supplies organosilanes and specialty siicones. It will become part of GE Silicones, based in Waterford, N.Y |
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