Business & Finance
PHILADELPHIA--([ BUSINESS WIRE ])--Chemtura Corporation (NYSE: CHMT) announces the increase in production capacity for its Adiprene / Vibrathane range of high-performance polyurethane prepolymers at the companyas Latina Scalo facility in Italy. Engineering work at the Latina site is already complete and startup of the additional production has commenced.
"Local manufacturing capacity is critical to the Urethanes business"
aGrowing demand for our market leading range of Adiprene / Vibrathane prepolymers, driven primarily by the commercialization of our mercury-free, MDI-based product lines, has motivated our decision to increase capacity in Europe,a said Stephen Lewis, EMEA business director, Chemtura Urethanes. aLocal manufacturing capacity is critical to the Urethanes business,a Lewis said. aOur customers need the ability to respond quickly and efficiently to local market demand and to satisfy their own customersa lead-time requirements. The additional capacity at Latina will provide the flexibility our customers need to remain competitive.a
aThis investment further supports our strategic growth of the Urethanes business in the Europe, Middle East and Africa (EMEA) region,a added Matthew Hellstern, president, Chemtura Urethanes. aIn addition to the capacity increase, we are planning the enhancement of our EMEA technical development centre, also based at Latina, which will enable our team to offer customers in the region even better technical support capabilities.a
Chemturaas Adiprene / Vibrathane prepolymers are used in a multitude of industrial applications and markets where high wear resistance, toughness and durability are essential requirements.
Chemtura Corporation
Chemtura Corporation, with 2011 sales of $3 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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