Chemtura to raise prices up to US$0.05/lb. for polyester polyols, including FOMREZ products, globally, effective March 26; company attributes increase to escalation of raw materials costs
March 8, 2012
– Chemtura Corporation (NYSE: CHMT - News) announces today that effective March 26, 2012, or as contracts allow, it will increase prices up to $0.05 lb for its Polyester Polyols, including FOMREZ®, products globally. This price increase is necessary given the continued escalation of raw material costs.
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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