KaiserTech to Sell Last Chemical Firm: KaiserTech...
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KaiserTech to Sell Last Chemical Firm: KaiserTech Ltd., continuing several years of selling assets to pare down debt, has reached an agreement to sell the last remaining piece of its chemical business to Dutch chemical giant Akzo. KaiserTech, the parent company of Kaiser Aluminum & Chemical Corp., will sell Filtrol Corp. of Vernon, Calif., but did not disclose terms of the sale, which is subject to government approval. Filtrol produces fluid cracking catalysts that are used in petroleum refining to improve gasoline quality and yield. The company employs 300 people.
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