LANXESS successfully completes acquisition of Chemtura

Acquisition cleared by all required regulatory authorities

24-Apr-2017 - Specialty chemicals company LANXESS has successfully completed the acquisition of U.S. company Chemtura earlier than originally expected effective April 21, 2017. All required regulatory authorities have cleared the transaction. Already in February 2017, Chemtura’s shareholders voted to approve ...

Chemtura shareholders approve acquisition by LANXESS

02-Feb-2017 - LANXESS has taken a significant step forward in the planned acquisition of U.S. chemical company Chemtura. Chemtura’s shareholders approved the merger at a special meeting in Philadelphia, United States. 99.88 percent of the votes cast were in favor of the merger, representing 81.77 percent of ...

Chemtura to Acquire Bromine Assets of Solaris ChemTech Industries Ltd.

01-Oct-2012 - 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 ...

Chemtura Announces Price Increase for AXION Tin Products of up to 20 Percent

26-Jan-2011 - 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.

Chemtura to Increase Price of Weston Liquid Phosphite Stabilizers

14-Jan-2011 - 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 ...

Chemtura Corporation Announces Price Increase

20-Oct-2010 - Chemtura Corporation announced that it will increase prices in all regions on DE-83RTM, Firemaster(R) 2100R, BA-59PTM and its derivatives (BC-52TM and BC-58TM grades of carbonate oligomer) by up to 25 percent, where contracts allow, for all new orders placed effective immediately. Anne Noonan, ...

Chemtura Corporation Announces Price Increase on CD-75P and SP-75P

14-Sep-2010 - Chemtura Corporation, debtor-in-possession, announced that it will increase prices in all regions on CD-75P and SP-75P-based products by up to 25 percent, where contracts allow, for all new orders placed effective immediately. Anne Noonan, President of Flame Retardants, Brominated Performance ...

Chemtura Corporation Issues $455 Million in Senior Notes and Closes $295 Million Senior Term Loan

31-Aug-2010 - Chemtura Corporation, debtor-in possession, announced that it has completed its previously announced private placement offering of $455 million in principal amount of 7.875% unsecured senior notes due 2018 (the “senior notes”). Chemtura also entered into its previously announced senior secured ...

Chemtura Completes Sale of PVC Additives Business

05-May-2010 - Chemtura Corporation, debtor-in-possession, completed the sale of its PVC Additives business to Galata Chemicals ("Galata") on April 30, 2010 for cash consideration of $16.2 million and the assumption by Galata of certain liabilities, including certain pension obligations and environmental ...

Chemtura Corporation Announces Price Increase on Adiprene(R)/Vibrathane(R) Products

22-Apr-2010 - Chemtura Corporation, debtor-in-possession, announced that effective May 15, 2010, or as contracts allow, it will increase price for all of its Adiprene(R)/Vibrathane(R) products up to $0.15/lb in North America, Latin America and Asia. These increases are regional and product-specific depending ...