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Chemtura Raises Prices on Phosphate Ester Flame Retardants.

MIDDLEBURY, Conn. -- Chemtura Corporation (NYSE:CEM) will increase prices on its range of core and performance phosphate ester flame retardants by 15% in all regions, effective June 16th, 2008, or as contract terms allow. This includes the Reofos[R] and Kronitex[R] brands.

This increase has become necessary due to sharp and continuing escalation in the cost of elemental phosphorus, a key component of these products, together with significant increases in other raw materials, utilities and transportation costs.

Chemtura is a leading global producer of polymer additives including flame retardants, antioxidants, UV stabilizers, heat stabilizers, polymer modifiers and catalysts.

Please visit Chemtura's Polymer Additives web site at www.chemtura.com.
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Publication:Business Wire
Date:Jun 13, 2008
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