Lion Chemical Capital agrees to buy DSM Copolymer’s SBR business

New York–Lion Chemical Capital LLC has agreed to buy DSM Copolymer Inc.’s styrene-butadiene business from DSM NV, Lion’s second major purchase in the rubber industry.

The deal, expected to close in the fourth quarter, will give Lion a company with a 60-year history, operating a plant and headquarters in Baton Rouge, Louisiana. No monetary amounts in the transaction were disclosed, and the two companies said the sale will take the form of an asset deal.

DSM Copolymer and ISP Elastomers are the only SBR producers in North…

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