Chemtura Corporation Announces Certain Brominated Flame Retardants on Sales Control 05/26 12:03 PM
PHILADELPHIA--(BUSINESS WIRE)-- Chemtura Corporation (CEMJQ:$1.5800,$0.2100,15.33%) , debtor-in-possession (“Chemturaâ€), today announced that it will place Tetrabromobisphenol A (BA-59PR), Decabromodiphenyloxide (DE-83RR) and Decabromodiphenylethane (FiremasterR 2100R) on sales control while implementing 30-day maximum price validity on these product lines.
Anne Noonan, Vice President & General Manager for Flame Retardants, Brominated Performance Products and Fumigants, stated that “this action is necessary to continue high levels of service to our customers in all regions of the world. Higher than anticipated demand for these product lines coupled with supply constraints on several key raw materials requires action that will assure our loyal customers of availability of product to meet their customers’ needs.â€
Bromine derivatives and flame retardants are used in a wide variety of critical end applications including electrical and electronics, building and construction, fine chemicals, transportation and oil production.
Chemtura Corporation (CEMJQ:$1.5800,$0.2100,15.33%) , with 2009 sales of $2.5 billion, is a global manufacturer and marketer of specialty chemicals, crop protection and pool, spa and home care products. Additional information concerning Chemtura (CEMJQ:$1.5800,$0.2100,15.33%) is available at www.chemtura.com.
Source: Chemtura Corporation (CEMJQ:$1.5800,$0.2100,15.33%)
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