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Home > (CHMT, ECTY, CLNO, GSAT, CPSL) Stock Updates by BestOtc.com

(CHMT, ECTY, CLNO, GSAT, CPSL) Stock Updates by BestOtc.com

October 7th, 2011 at 03:00 pm







Chemtura Corporation, with 2010 sales of $2.8 billion, is a global manufacturer and marketer of specialty chemicals, agrochemicals and pool, spa and home care products.

Chemtura Announces Supply Agreement for Thioester Antioxidants






Chemtura Corporation (NYSE:CHMT) has signed a long-term supply agreement with Tianjin Lisheng Chemical Co. Ltd. of PR China for production of Chemtura’s NAUGARD® DSTDP, NAUGARD® DLTDP and NAUGARD® DTDTDP thioester antioxidants. Under the agreement, Lisheng exclusively supplies Chemtura with thioester antioxidants in all regions outside of Northeast Asia.

“Tianjin Lisheng Chemical Co. has proven expertise in the manufacture of high-quality thioester antioxidants and can support future growth through its new, backward-integrated production facility,” said Peter Smith, president and general manager, Chemtura Antioxidants & UV Stabilizer business, a leading global supplier of antioxidants, intermediates and inhibitors, polymer modifiers and UV stabilizer solutions.

“We are delighted that Chemtura brings a worldwide sales and logistics network to our alliance, together with outstanding technical and regulatory expertise,” said Shanzhao Wan, president, Tianjin Lisheng Chemical Co., a major manufacturer of antioxidants and chief factory of the Chinese National Association Team of Antioxidants Producers.

Antioxidants & UV Stabilizers

Chemtura’s Antioxidants & UV Stabilizers business offers the widest range of performance-based polymer additives in the industry as well as exceptional cost-performance solutions and outstanding service locally through integrated plants and supply chains. Chemtura customers benefit from the company’s proprietary, Non Dust Blend (ANOX® NDB® stabilizer blend) technology, which allows thioesters to be synergistically blended with other additives and extruded into compact pellets using a patented process unique to Chemtura.

Additional information concerning Chemtura is available at www.chemtura.com.

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