
Chemtura Corporation has entered into a number of new agreements through its worldwide subsidiaries to increase its capacity of antioxidants and UV stabilisers in order to position itself for worldwide growth and to more effectively serve its global customers. The actions support Chemtura's overall objective of utilising its proprietary technology to expand its presence in the growing global markets. These actions build upon the earlier announcements of Chemtura's geographical expansion in the Middle East. "Our customers' response to our new global growth strategy for antioxidants and UV stabilisers has been extremely positive. Today's leading polymer producers require their suppliers to supply product globally and be committed to innovation," said Peter Smith, head of Chemtura's Global Antioxidant and UV Stabilizer Group. Chemtura is expanding its own capacity of Alkanox 240 phosphite antioxidants with additional capacity in Asia and the Middle East. www.chemtura.com
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