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Chemtura Describes Further Investment in China and Additive Innovations at Chinaplas 2011

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^{Published in Business and Finance on Wednesday, April 6th 2011 at 19:20 GMT by Market Wire}  

PHILADELPHIA--([ BUSINESS WIRE ])--Chemtura Corporation (NYSE: CHMT) announces it will present new additive innovations within its extensive line of antioxidants, UV stabilizers, polymerization inhibitors and flame retardants for plastics and describe the investments it is making in China and emerging markets at Chinaplas, Guangzhou, China, May 17-20, 2011.

"We are pleased to offer three new, innovative flame retardants to serve global customers in the Electrical & Electronics and Building & Construction industries with high?performing, greener solutions. A fourth, new Emerald? product will be introduced soon"

Visitors to Chemtura?s booth at Chinaplas will learn more about Chemtura?s new Application Development Center in the Nanjing Economic & Technological Development Zone that serves as the company?s technical center of excellence for its businesses in the Asia/Pacific region.

This state-of-the-art facility, the expansion of the company?s regional headquarters in Shanghai, combined with continuing product innovation, support the company?s growth plans in China and the region. The specialty chemicals company plans to invest $50 million to $60 million on the Chinese mainland over the next several years. With a new director of mergers and acquisitions now based in Shanghai, the company is looking for joint venture and acquisition opportunities in China to boost its business in the Asia Pacific region, where sales grew by 52 percent in 2010.

Chemtura?s Antioxidants & UV Stabilizers business will continue to confirm its commitment to the industry through innovation, growth and further investment. In response to customer demand for cost-effective, greener and customized dust-free additive solutions, the innovative WESTON^? Liquid Productivity Platform has been created and the company?s proprietary Non-Dust Blend^? (NDB^?) technology further developed.

Expansions to WESTON? 705, a member of the Liquid Productivity Platform, will be highlighted at Chinaplas, together with the complementary additions of liquid phenolics and blends to the range. A portfolio incorporating liquids, NDB^?s and powders provides customers with a broader range of stabilization solutions and greater operational flexibility than ever before.

The Antioxidants & UV Stabilizers business will also highlight its investment in manufacturing expansions, with a special focus on the emerging markets to ensure that the business remains the leading player in the plastics additives arena.

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 is introducing greener, high-performing solutions under the new Emerald? product series that provide sustainable differentiation in the marketplace without sacrificing performance or quality.

?We are pleased to offer three new, innovative flame retardants to serve global customers in the Electrical & Electronics and Building & Construction industries with high?performing, greener solutions. A fourth, new Emerald? product will be introduced soon,? said Great Lakes Solutions President Anne Noonan. For more information about Great Lakes Solutions, please visit [ www.greatlakes.com ].

Chemtura will present its new products and growth plans at Chinaplas in Hall 11.2, stand number L01.

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 ].

CAPTION:

The new, state-of-the-art application development center at Nanjing, combined with the expansion of Chemtura?s regional headquarters in Shanghai and further recruitment in Shanghai and Nanjing, support the company?s growth plans in China and the region.

CAPTION:

Great Lakes Solutions, a Chemtura business, is a global and innovative leader in safe and cost-efficient flame retardant products and solutions.The Great Lakes Solutions brand was introduced by Chemtura in October 2010.

Forward-Looking Statements

This document includes forward-looking statements within the meaning of Section 27(a) of the Securities Act of 1933, as amended and Section 21(e) of the Exchange Act of 1934, as amended.These forward-looking statements are identified by terms and phrases such as ?anticipate,? ?believe,? ?intend,? ?estimate,? ?expect,? ?continue,? ?should,? ?could,? ?may,? ?plan,? ?project,? ?predict,? ?will? and similar expressions and include references to assumptions and relate to our future prospects, developments and business strategies.

Factors that could cause our actual results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to:

• The cyclical nature of the global chemicals industry;
• Increases in the price of raw materials or energy and our ability to recover cost increases through increased selling prices for our products;
• Disruptions in the availability of raw materials or energy;
• Declines in general economic conditions;
• The effects of competition;
• The ability to comply with product registration requirements under European Union REACh legislation;
• The effect of adverse weather conditions;
• The ability to grow profitability in our Chemtura AgroSolutions? segment;
• Demand for Chemtura AgroSolutions? segment products being affected by governmental policies;
• The ability to implement the El Dorado, Arkansas restructuring program;
• Current and future litigation, governmental investigations, prosecutions and administrative claims;
• Environmental, health and safety regulation matters;
• Federal regulations aimed at increasing security at certain chemical production plants;
• Significant international operations and interests;
• Our ability to maintain adequate internal controls over financial reporting;
• Exchange rate and other currency risks;
• Our dependence upon a trained, dedicated sales force;
• Operating risks at our production facilities;
• Our ability to protect our patents or other intellectual property rights;
• Whether our patents may not provide full protection against competing manufacturers;
• Our ability to remain technologically innovative and to offer improved products and services in a cost-effective manner;
• The risks to our joint venture investments resulting from lack of sole decision making authority;
• Our unfunded and underfunded defined benefit pension plans and post-retirement welfare benefit plans;
• Whether we are required to fund the pension plan of our U.K. subsidiary;
• Risks associated with possible climate change legislation, regulation and international accords;
• The ability to support the carrying value of the goodwill and long-lived assets related to our businesses; and
• Other risks and uncertainties detailed in Item 1A. Risk Factors in our filings with the Securities and Exchange Commission.

These statements are based on our estimates and assumptions and on currently available information. Our forward-looking statements include information concerning possible or assumed future results of operations, and our actual results may differ significantly from the results discussed.Forward-looking information is intended to reflect opinions as of the date this press release was issued.We undertake no duty to update any forward-looking statements to conform the statements to actual results or changes in our operations.

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