UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

        FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): March 18, 2005 (March 18, 2005)

 

Crompton Corporation
(Exact name of registrant as specified in its charter)

 

Delaware (State or other jurisdiction  of incorporation)		0-30270 (Commission file number)				52-2183153 (IRS employer identification             number)
199 Benson Road, Middlebury, Connecticut (Address of principal executive offices)						06749 (Zip Code)

 

(203) 573-2000
(Registrant's telephone number, including area code)

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation
     of the registrant under any of the following provisions (see General Instruction A.2. below):

     [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 1.01 Entry into a Material Definitive Agreement.

       Crompton Corporation announced today that it has entered into a definitive agreement to
sell its Refined Products business to Sun Capital Partners Group Inc. for $80 million, subject to
adjustment. The transaction is subject to regulatory and other approvals and the negotiation of
certain ongoing supply arrangements. The transaction is expected to close within 60 days.

       Refined Products had 2004 revenues of approximately $265 million. Included in the sale
are facilities in Petrolia, Pennsylvania; and Amsterdam, Koog aan de Zaan and Haarlem, the
Netherlands. The business employs 470 people, who will remain with the Refined Products
business.

       A copy of a press release announcing the transaction is attached hereto as Exhibit 99.1
and is herein incorporated by reference.

Item 9.01 Financial Statements and Exhibits

           (c)       Exhibits

            Exhibit Number                        Exhibit Description

                       99.1                              Press Release Dated March 18, 2005

 

                                                   SIGNATURES

       Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Crompton Corporation                 (Registrant)
	By /s/   Barry J. Shainman            Name:  Barry J. Shainman            Title:    Secretary

Date: March 18, 2005

        Exhibit Index

                      Exhibit Number                      Exhibit Description

                       99.1                                       Press Release Dated March 18, 2005