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Great Lakes Solutions, a Chemtura business, Announces Price Increase on Its Range of Brominated Flame Retardants

^{Published on 2011-03-25 06:00:42 - Market Wire}
 

WEST LAFAYETTE, Ind.--([ BUSINESS WIRE ])--Great Lakes Solutions, a Chemtura business, (NYSE: CHMT) today announced that it will increase prices by up to 30 percent in all regions effective April 1, 2011 and where contracts allow on the following products:

"The bromine franchise continues to face severe raw material escalation and increasing costs to secure global supply, product stewardship and continued advocacy efforts. The proposed increase is necessary to ensure high-quality supply to our customers."

• HBCD (Hexabromocyclodecane) all grades of CD-75Pa" and SP75a"
• DE-83Ra" (Decabromodiphenyl oxide)
• Firemaster 2100R® (Decabromodiphenyl ethane)
• PH-73FFa" (2,4,6 Tribromophenol)
• BA-59Pa" (Tetrabromobisphenol A)
• BC-52a" and BC-58a" (carbonate oligomers)
• PDBS-80a", Firemaster® PBS-64HW and Firemaster® CP-44HF grades of polybromostyrene
• PHT-4a" (tetrabromophthalic anhydride) and derivatives
• Firemaster® 500/600 series
• PE-68a" and DP-45a"

Anne Noonan, President of Great Lakes Solutions, stated, aThe bromine franchise continues to face severe raw material escalation and increasing costs to secure global supply, product stewardship and continued advocacy efforts. The proposed increase is necessary to ensure high-quality supply to our customers.a

Bromine derivatives and flame retardants are used in a wide variety of critical end applications, including electrical and electronics, building and construction, fine chemicals, transportation and oil production.

Great Lakes Solutions

Great Lakes Solutions, a Chemtura business, is a global and innovative leader in safe and cost-efficient flame retardant products and solutions for use in applications such as electronic components, electrical enclosures and building products, including insulation and furniture foam. Great Lakes Solutions offers greener, high-performing solutions under the new Emeralda" product series that provide sustainable differentiation in the marketplace without sacrificing performance or quality. For more information about Great Lakes Solutions, please visit [ www.greatlakes.com ].

Chemtura Corporation

Chemtura Corporation, with 2010 sales of $2.8 billion, is a global manufacturer and marketer of specialty chemicals, agrochemicals and pool, spa and home care products. Additional information concerning Chemtura is available at [ www.chemtura.com ].