13 Sep 2005
CHEMTURA INCREASES PRICES ON BROMINATED FLAME RETARDANTS
MIDDLEBURY, Conn., Sept. 8, 2005 — Chemtura Corporation (NYSE:CEM) today announced worldwide price increases ranging from $0.65/kg to $1.40/kg for the following brominated flame retardant grades effective October 1, 2005, where contracts allow.
| FIREMASTER® CP-44HF and PBS-64HW Copolymer of Dibromostyrene | $0.90/kg | ||
| FIREMASTER® 2100 Decabromodiphenylethane | $1.00/kg | ||
| FIREMASTER® 504, 520, 550, 551 and 552 | $0.65/kg | ||
| FIREMASTER® BZ-54 | $1.00/kg | ||
| GREAT LAKES BA-59P™ Tetrabromobisphenol A | $0.75/kg | ||
| GREAT LAKES DE-83R™ Decabromodiphenyloxide | $1.00/kg | ||
| GREAT LAKES DBS™ Dibromostyrene | $0.90/kg | ||
| GREAT LAKES PDBS-80™ Poly (dibromostyrene) | $0.90/kg | ||
| GREAT LAKES BE-51™ Tetrabromobisphenol A | $1.00/kg | ||
| GREAT LAKES FF-680™ | $1.00/kg | ||
| GREAT LAKES PH-73FF™ | $0.70/kg | ||
| GREAT LAKES BC-58™, BC-52HP™, BC-52™ Brominated Carbonate Oligomers | $1.00/kg | ||
| GREAT LAKES PHT4™, PHT4-Diol™ and DP-45™ | $1.00/kg | ||
| GREAT LAKES CD-75P™ and CD-75PM™ | $1.30/kg | ||
| GREAT LAKES SP-75™ and SP-75C™ | $1.30/kg | ||
| FYREBLOC® (all grades) | $1.40/kg |
This price increase is necessary to restore the business to reinvestment economics and to support our continued strong commitment to advocacy. Chemtura is a leading global producer of flame retardants with an aggressive commitment to technological innovation and product development. Its extensive line of products includes bromine-, phosphorus-, and antimony-based flame retardants and other synergists, as well as a full line of UV stabilizers, antioxidants, blends, and optical monomers. For more information about these product lines, please visit Chemtura’s Flame Retardant web site at www.fr.greatlakes.com.
Reader enquiries
Chemtura Corporation199 Benson Road
Middlebury, CT 06749
United States
+1 203 573 2220
www.chemtura.com
Notes for editors
About Chemtura
Chemtura Corporation, with pro forma 2004 sales of $3.7 billion, is a global manufacturer and marketer of specialty chemicals, crop protection and pool, spa and home care products. Headquartered in Middlebury, Conn., the company has 7,300 employees around the world. Additional information concerning Chemtura is available at www.chemtura.com.
Forward-Looking Statement
Certain statements made in this release are forward-looking statements that involve risks and uncertainties, including, but not limited to, general economic conditions; the outcome and timing of antitrust investigations and related civil lawsuits to which Chemtura is subject; the ability to obtain increases in selling-prices; pension and other post-retirement benefit plan assumptions; energy and raw material prices and availability; production capacity; changes in interest rates and foreign currency exchange rates; changes in technology, market demand and customer requirements; the enactment of more stringent environmental laws and regulations; the ability to realize expected cost savings under Chemtura’s cost-reduction initiatives; the amount of any additional earn-out payments from General Electric Company from the sale of the OrganoSilicones business; the ability to reduce Chemtura’s debt levels; the ability to successfully integrate the Crompton and Great Lakes businesses and operations and achieve anticipated benefits from the merger, including costs savings and synergies; and other risks and uncertainties detailed in filings with the Securities and Exchange Commission by Chemtura or its predecessor companies. These statements are based on Chemtura’s estimates and assumptions and on currently available information. The forward-looking statements include information concerning our possible or assumed future results of operations, and Chemtura’s actual results may differ significantly from the results discussed. Forward-looking information is intended to reflect opinions as of the date this release was issued and such information will not necessarily be updated by Chemtura.