Crompton Corporation and Great Lakes Chemical Corporation announce that, following the completion of their merger, the new company will be known as "Chemtura" (pronounced chem-CHOOR-a) Corporation.
Crompton Corporation Crompton Corporation, formerly Crompton and Knowles, is a chemical research, production, sales and distribution company headquartered in Middlebury, Connecticut. The company produces specialty chemicals used for polymers, fire suppressants and retardants, pool and spa water and Great Lakes Chemical Corporation Great Lakes Chemical Corporation is a chemical research, production, sales and distribution company that produces specialty chemicals used for polymers, fire suppressants and retardants, pool and spa water purification systems and various other applications. announce
that, following the completion of their merger, the new company will be
known as "Chemtura" (pronounced chem-CHOOR-a) Corporation.
"Selecting a new name is an important milestone in the process of
forming our new company," says Crompton Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Robert L.
Wood, who will serve in the same capacity for Chemtura. "We
selected the name 'Chemtura' to represent the chemical company
of the future, an organization whose vision is to become the
world's best specialty chemicals A Specialty chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant. company."
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