Its role Owner
Chemtura Corporation was a U.S.-based specialty chemicals company headquartered in Philadelphia, Pennsylvania. Formed in 2005 through the merger of Crompton Corporation and Great Lakes Chemical Corporation, it operated globally supplying materials used across industrial and consumer markets. Chemtura later became part of LANXESS (2017).
The company’s portfolio spanned lubricant additives and synthetic lubricants for demanding industrial and aviation applications; polymer additives, including flame-retardant solutions for plastics and electronics; urethane prepolymers and systems for elastomers, coatings, and adhesives; and organometallic catalysts used in polymer production and fine chemical synthesis. Its products served end markets such as automotive, aerospace, electrical and electronics, construction, energy, and general industrial manufacturing.
chemXplore tracks 1 project involving Chemtura.
The acquisition will enhance LANXESS' additives portfolio, creating a major player in flame retardant and lubricant additives, with expected annual synergies of EUR 100 million by 2020.
The new AXION® MAO production line in Bergkamen boosts supply chain reliability and meets growing market demand with consistent, high-quality co-catalysts for engineered-polymer projects.
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