Business and Finance
Business and Finance
Wed, May 4, 2011
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Tue, May 3, 2011
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Chemtura to Increase Price of TNPP and Liquid Phosphites
PHILADELPHIA--([ BUSINESS WIRE ])--Chemtura Corporation (NYSE: CHMT) announced that effective May 1, 2011, or as contract terms allow, Chemtura has increased the prices of its TNPP and Liquid Phosphites by up to 10%. The increase is necessary as the prices of key raw material drivers such as propylene continue to escalate and reach all-time highs.
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 ].
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