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Carlyle Is Said to Weigh Options for $3 Billion Nouryon Unit

  • Buyout firm speaking to potential advisers about separation
  • Carlyle could pursue sale, IPO of industrial business
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Carlyle Group Inc. is considering options for the industrial unit of its specialty chemicals firm Nouryon, which could be valued at $3 billion or more, according to people familiar with the matter.

The U.S. private equity firm is speaking with potential advisers about separating the industrial business, which produces chemicals used in everything from vehicles to swimming pools, from the wider group, the people said. Carlyle could later opt for a sale or initial public offering of the asset, the people said, asking not to be identified discussing confidential information.