J.M. Huber Corporation signed a definitive agreement on January 29, 2020 to sell its Carboxymethyl Cellulose business (CMC) to Nouryon, a global specialty chemicals company with 10,000 employees operating in over 80 countries. The closing of this transaction is subject to antitrust regulatory review and approval.

More information about this transaction may be found in Nouryon’s press release.