Chemtura Corp (fka CHMT)

[sullivot]

It could be related to the decaBDE phase-out:

Albemarle and Chemtura, which produce decaBDE in the U.S., and Israel's ICL Industrial Products (IP), the largest U.S. importer of the chemical, say they will end sales for all remaining "essential uses" by the end of 2013. The phase out will allow Chemtura to continue its "longstanding efforts to protect people and property from the hazards of fire in a sustainable way," says Craig Rogerson, the company's chairman and president.

Also, just prior to BK, one potential buyer of their petroleum-additive business was Israeli firm Makeshtim Agan.