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Great Lakes Solutions Raises Prices on Phosphorus Flame Retardants

^{Published on 2011-03-04 16:50:54 - Market Wire}
 

PHILADELPHIA--([ BUSINESS WIRE ])--Great Lakes Solutions, a Chemtura Corporation (NYSE: CHMT) business, today announced that effective March 1, 2011, or as contract terms allow, it increased prices on its Reofos® BAPP and RDP flame retardants by up to 18%, and its range of Reofos® isopropylated phosphate flame retardants and Kronitex® phosphorus flame retardants by up to 16% in all regions. This increase has become necessary due primarily to the significantly increased costs of phenol, BPA, phosphorus oxychloride and propylene.

Chemtura Corporation, with 2009 sales of $2.3 billion, is a global manufacturer and marketer of specialty chemicals, agrochemicals and pool, spa and home care products. Additional information concerning the Great Lakes Solutions business is available at [ www.greatlakes.com ]. More information about Chemtura is available at [ www.Chemtura.com ].