Chemtura limits term for fixed prices on metal akly co-catalysts
Chemtura Corporation NYSE CEM will limit the term for fixed price sales of Metal Alkyls effective December 1 2 7 or as contracts allow
Metal Alkyls used as Ziegler Natta co catalysts in the polymer industry have traditionally been made pursuant to long term fixed pricing This does not fit with a business that is investment intensive and exposed to raw material fluctuations says Anne Noonan President of Polymer Additives for Chemtura Our customers know that Chemtura is investing heavily in this core business to ensure continued security of supply on a global scale It is therefore paramount that Chemtura achieves re investment economics and a key element of this is the ability to increase price as and when market conditions and or raw material costs dictate
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