LSB Industries divests Climate Control Business to focus on Chemical Business

LSB Industries framed the sale of CCG, one of its two divisions, as a milestone in its strategic transformation, retaining and growing its Chemical Business.

“This sale represents another successful milestone in the strategic transformation of LSB. We look forward to continuing to grow our Chemical Business and wish NIBE/CCG a very successful future,” said Dan Greenwell, president and CEO of LSB.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.