Great Lakes Chemical Corporation and Crompton Corporation Announce New Company Name: Chemtura
11-May-2005: Great Lakes Chemical Corporation and Crompton Corporation announced that once their merger is complete, the new company will be known as "Chemtura" Corporation.
"Selecting a new name is an important milestone in the process of forming our new company," said Crompton Chairman and CEO 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 company.
"Our new name will reflect that our merger has created a new company," said Wood. "We will not be Crompton. We will not be Great Lakes. We will be the Chemtura team, focused on the future."
To develop a new name, Crompton and Great Lakes employed Siegel & Gale, a New York City firm that specializes in brand strategy and identity. The firm's process included conducting extensive interviews with business heads, financial analysts, customers and groups of employees of both companies. The firm suggested several names, and a committee made up of Crompton and Great Lakes senior leaders and communications personnel selected "Chemtura."
Chemtura and its subsidiary company, Great Lakes Chemical, announce price increases for antioxidants, effective October 1, 2005.
The increases on a broad range of antioxidants are a result of sustained increases in raw material, energy and transportation costs; and to meet baseline profita ... more
Great Lakes Chemical Corporation announced it will increase list prices in all regions for calcium bromide, zinc bromide/calcium bromide solution, sodium bromide, sodium bromide dry and calcium bromide dry for shipments beginning July 1, 2005, or as contracts allow.
The new list prices per ... more
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Great Lakes Chemical Corporation and Crompton Corporation announced that once their merger is complete, the new company will be known as "Chemtura" Corporation.
"Selecting a new name is an important milestone in the process of forming our new company," said Crompton Chairman and CEO Robert ... more
Rimon® 0.83EC Insecticide from Crompton Crop Protection has received a FIFRA Section 24(c) Supplemental Label for control of codling moth and other apple pests in Washington. Rimon has also been granted organophosphate (OP) replacement status by the EPA. In addition to codling moth, other p ... more
Crompton Corporation and Great Lakes Chemical Corporation announced that they have entered into a definitive merger agreement for an all-stock merger transaction, which will create the third-largest publicly traded U.S. specialty chemicals company. The new company will have combined pro for ... more
Chemtura Corporation announced that it has entered into a definitive agreement to acquire the bromine assets of Solaris ChemTech Industries Limited. The acquired business will become an integral part of Chemtura’s Great Lakes Solutions business.The Bromine and Bromine Chemicals division of ... more
Chemtura Corporation announced that due to the continuing escalation of the cost of tin raw material, a further price increase of up to 20 percent will be implemented for all AXIONTM tin products effective Feb. 1, 2011, or as contracts allow. more
Chemtura Corporation announced that effective Feb. 1, 2011, or as contracts allow, it will raise the price of its Weston(R) liquid phosphite stabilizers by 15 percent. This increase is due to significant and sustained increases in raw material, energy, and transportatio ... more