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TMCNet:  Great Lakes Solutions, a Chemtura Business, Announces Price Increase on Phosphorus Flame Retardants

[December 19, 2012]

Great Lakes Solutions, a Chemtura Business, Announces Price Increase on Phosphorus Flame Retardants

WEST LAFAYETTE, Ind. --(Business Wire)--

Great Lakes Solutions, a Chemtura business, (NYSE/Euronext Paris: CHMT), today announced that it will increase prices in all regions on Reofos® 35,50, 65, 95, 120, NHP, BAPP, RDP and Emerald Innovation™ NH-1 phosphorous flame retardant products by up to 5% for all new orders placed effective Feb. 1, 2013.

"This price increase is necessary to support continued investment in our operations as well as to offset cost increases for raw materials and transportation," said Keith DuPont, Vice President and General Manager, Great Lakes Solutions. "We continue to invest significantly in our portfolio and operations to ensure reliable supply of innovative and sustainable products and must increase prices in order to maintain this level of investment and service to our customers."

Phosphorus flame retardants are used in a wide variety of critical end-use applications including electrical and electronics, building and construction, and transportation.

Great Lakes Solutions

Great Lakes Solutions, a Chemtura business, is a global and innovative leader in safe and cost-efficient flame retardant products and solutions for use in applications such as electronic components, electrical enclosures and building products, including insulation and furniture foam. Great Lakes Solutions offers greener, high-performing solutions under the new Emerald Innovation™ product series that provide sustainable differentiation in the marketplace without sacrificing performance or quality. For more information about Great Lakes Solutions, please visit www.greatlakes.com.

Chemtura Corporation

Chemtura Corporation, with 2011 sales of $3.0 billion, is a global manufacturer and marketer of specialty chemicals, agrochemicals and pool, spa and home care products. Additional information concerning Chemtura is available at www.chemtura.com.


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