Reuters
British speciality chemicals group Croda will sell most of its performance technologies and industrial chemicals division to commodities group Cargill Inc in a $1 billion deal, it said on Wednesday. "We will focus our capital and resources on delivering sustainable solutions and scaling our consumer, health and crop care technologies," CEO Steve Foots said in a statement. In a separate statement, Cargill said the deal would help broaden its offerings to industrial manufacturers looking for sustainable options.