Chemtura has announced a series of price increases for antioxidants, UV stabilizers, and flame retardants,
On December 6, Chemtura announced a price increase for antoxidants and UV stabilizers.
Chemtura Corporation (NYSE:CHMT) has announced that it is raising the price of the products supplied by the Antioxidant and UV Stabilizer business, primarily as the result of a significant and sustained increase in key raw material costs. Effective on all deliveries after Jan. 1, 2011, or as contracts allow, the price of the Antioxidant and UV Stabilizers will be increased by up to 15 percent. These increases are essential to sustain Chemtura as a viable supplier and to enable continued reinvestment.
Chemtura’s Great Lakes Solutions business announces that effective January 1, 2011, or as contract terms allow, it will increase prices on its range of Reofos core and performance phosphate ester flame retardants by up to 7% in all regions. This increase has become necessary due to the sustained high costs of key raw inputs including BPA, phenol and propylene. The company will also increase prices for bromine and bromine-based derivatives by up to 25% in all regions effective Jan. 1, 2011 or as contracts allow
Great Lakes Solutions, a Chemtura Corporation (NYSE: CHMT) business, today announced that it will increase prices for bromine and bromine-based derivatives by up to 25 percent in all regions effective Jan. 1, 2011 or as contracts allow.