Crompton Corp. Headquarters Middlebury, CT, USA

In 2003 Crompton re-sold its OSi organosilicones unit to GE for US 633 M and in return bought GE s Specialty Chemicals, including impact modifiers and secondary antioxidants. The deal included the largest phosphite antioxidant plant in the world. 

Many of Crompton s additive products, which altogether account for 58% of the company s sales, are used in the PVC industry. Others are targeted at the compounders of engineered thermoplastics, polyolefins, polyamides, polyester and EPDM. Annual sales are around US 2.2 billion. In the last two or three years strong efforts have been made to raise prices, with mixed results, and this may have contributed to a loss of sales volume. The company s chemical activities are being reorganised into one business containing the divisions previously known as Plastics and Petroleimi Additives and Performance Chemicals and Elastomers. 

Crompton has about 5,500 employees. Research and development expenditure in 2003 was US 51 M. 

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