Chemtura Corporation Announces Price Increase on CD-75P and SP-75P
Chemtura Corporation, debtor-in-possession, announced that it will increase prices in all regions on CD-75P and SP-75P-based products by up to 25 percent, where contracts allow, for all new orders placed effective immediately.
Anne Noonan, President of Flame Retardants, Brominated Performance Products and Fumigants, stated, "The bromine franchise is facing severe raw material escalation and increasing costs to secure global supply, product stewardship and continued advocacy efforts. The proposed increase is necessary to ensure high-quality supply to our customers."
Bromine derivatives and flame retardants are used in a wide variety of critical end-use applications including electrical and electronics, building and construction, fine chemicals, transportation and oil production.
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