|[December 27, 2013]
Chemtura announces PAO price increase
PHILADELPHIA --(Business Wire)--
Chemtura Corporation (NYSE: CHMT) (Euronext: CHMT) has announced that it
is raising the price of the products supplied by the polyalphaolefins
(PAO) business, effective Jan. 15, 2014, or as contracts allow, as the
result of continued escalation in the cost of key raw materials used in
the manufacture of PAOs. Chemtura will increase the prices of its PAO
product line by up to $0.15/lb. These increases are essential to sustain
Chetura's ability to provide high-quality products, service levels and
Chemtura Corporation, with 2012 sales of $2.2 billion,1 is a
global manufacturer and marketer of specialty and agro chemicals.
Additional information concerning Chemtura is available at www.chemtura.com.
1 2012 net sales of $2.2 billion reflects discontinued
operations treatment for Chemtura's plastic antioxidants and Consumer
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