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Thermphos Closes Phosphonates Deal

10:18 AM MDT | July 31, 2007 | Chemical Week Editorial Staff

Solutia says it has completed the sale of Dequest, its water treatment phosphonates business, to Thermphos Trading (Vlissingen, The Netherlands), a producer of phosphorus and phosphorous derivatives, for $67 million, subject to a working capital adjustment (CW, March 21, p. 44). Solutia will continue operating the Dequest plant at Newport, Wales for Thermphos, under the...

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