Croda reviewing whether to divest its lubricants portfolio

Photo courtesy of Croda UK-based specialty chemical company Croda International said it is strategically reviewing its Performance Technologies and Industrial Chemicals (PTIC) businesses. Croda’s lubricants portfolio, under its Energy Technologies unit, forms part of its Performance Technologies business. Personal Care, Life Sciences and Performance Technologies roughly represented one-third each of Croda’s group revenues in 2020. Industrial Chemicals…