Specialty chemical maker Lubrizol Corp. is selling its food ingredients and industrial specialties businesses --- including its manufacturing plant Kalama --- as part of a strategy to divest non-core units.

Terms were not disclosed Friday pending closing of the deal, which is anticipated in the second quarter after regulatory approvals. The buyer is an affiliate of Sun Capital Partners Inc., of Boca Raton, Fla., a private investment company. The name of the affiliate also was not disclosed.

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