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Re: nsomniyak post# 16343

Tuesday, 06/02/2009 12:39:19 AM

Tuesday, June 02, 2009 12:39:19 AM

Post# of 67237
No problem at all. I work for a division of Agrium called Crop Production Services. We used to be called United Agri Products before the merger happenend last year. Chemtura is one of our big big suppliers. Our facility deals with Basf, Dow, some of the big heavy weights in the industry. Chemtura is up there was them as well. I am the purchasing agent for our branch so I get to deal with our suppliers on a day to day basis. Now I will be honest before I was an investor of Chemtura, I really didnt pay attention to there stock even though they were suppliers. It was only by chance that I even found this company and this board. One way or another I became interested in Chemtura so that led me to start asking some questions about Chemturas financial stability and how it would affect our branch. What I was hearing was that things didnt change as far as Chemtura being one of our suppliers and as far as Agrium was concerned, it was business as usual. It was around that time that we ordered a little to much incesticide from Chemtura. To give you an idea this pallet which contained 180 gallons of material was right at $100,000. Our branch ordered 4 of these pallets. The season for this material had come and gone and we had 1 pallet left over. Chemtura has a buyer protection program that allowed us to take the material back free of charge which they did. Now I dont know about anyone else but if I was hurting for money that last thing I would be doing is taking money out of my pocket to give it back to you. Well thats what they did. For me, I take a little example like that and then mix it with my everyday encounters with Chemtura, and I feel pretty good about my position as shareholder. I will say that as far as I am concerned, I havent noticed any difference what so ever since Chemtura has gone into chapter 11.

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