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.