August 27, 2008
Chemtura Raises Prices on Polybrominated Styrenes, Brominated Carbonate Oligomers
In response to significant raw material and freight cost inflation, Chemtura Corporation (NYSE:CEM) will increase the price of all Polybrominated Styrenes and Brominated Carbonate Oligomers up to 15%. The price increase will be effective for shipments on or after September 15th, 2008, or where contracts allow.
The products affected are PDBS-80, Firemaster CP-44HF, Firemaster PBS-64HW and BC-52, BC-52HP, BC-58.
Chemtura is also announcing the removal of any extended price protection.
This increase is essential to sustain Chemtura as a viable supplier in this period of unprecedented raw material, energy, and freight cost escalation. Chemtura remains committed to the industry to provide the best possible value.
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.