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CHEMTURA 25/05/2007
CHEMTURA INCREASES AXION™ TIN CATALYST PRICES
Chemtura Corporation announces the following price increases for its Axion™ line of tin catalysts:
DBTO $2.40/kg (1.80 Euro/kg)
DOTO $2.30/kg (1.73 Euro/kg)
MBTO $2.50/kg (1.88 Euro/kg)
These price increases will be effective May 1, 2007 or as contracts allow. This action is necessary for Chemtura to remain a strong supplier of tin catalysts. Driven by tight supply and strong demand, LME tin prices have escalated by nearly 50% between January and April (from $10,000/mt to $15,000/mt) and are expected to remain at high levels. About Chemtura Corporation
Chemtura Corporation (NYSE:CEM), with 2006 sales of $3.7 billion, is a global manufacturer and marketer of specialty chemicals, crop protection and pool, spa and home care products.