Chemtura Corp (fka CHMT)

[g2nec]

From 8k, did anyone read the last sentence of this first para.



PHILADELPHIA – June 17, 2010 – Chemtura Corporation, debtor-in-possession (Pink Sheets: CEMJQ), today announced that it and 26 of its U.S. affiliates (together, the “Company”) have filed a Joint Plan of Reorganization (the “Plan”) and Disclosure Statement with the United States Bankruptcy Court for the Southern District of New York (the “Court”). The Plan is supported by the Company’s official committee of unsecured creditors and the ad hoc committee of the Company’s bondholders. The Company expects that, in the near term, the Court will schedule a hearing to consider approval of the Disclosure Statement. Accordingly, the Company remains on track to emerge from Chapter 11 protection in the coming months. The Company will continue to work with its official committee of equity security holders to address any concerns they may have about the Plan.