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Chemtura Announces New Agreement For Its European Anox® NDB® Products

Stocks in this article: CHMT

Chemtura Corporation (NYSE:CHMT) today announced that it has formed a long-term strategic agreement with Katoen Natie Group (KTN) to further strengthen Chemtura’s proprietary Non-Dust Blend (Anox® NDB®) position in the marketplace. This will combine Chemtura’s proprietary technology with Katoen Natie’s centralized distribution location and world-class service. This project is part of Chemtura’s antioxidant and UV stabilizer growth strategy, focused on becoming an even better and more competitive supplier.

“We are excited to offer our proprietary Anox® NDB® stabilizer blends tailored to meet our customers’ requirements. Chemtura is unique in its breadth of product offering and global manufacturing capabilities. We are committed to expanding our capacity and technical capabilities for improved cost performance and insuring that our materials and processes meet with today’s global regulatory requirements,” said Peter Smith, president and general manager of Chemtura’s Antioxidant and UV Stabilizers business.

In a parallel move, Chemtura is combining its Anox® NDB® technology center with its global technical application center located in Trafford Park, Manchester, United Kingdom, to further strengthen Chemtura’s ability to offer unique blending services that include feasibility studies, analytical evaluation of improved properties, and actual application performance data.

Chemtura Corporation, with 2011 sales of $3 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

Katoen Natie is a privately held company incorporated in 1854. Based in Antwerp, Belgium, it is well known in the polyolefin industry for its strength in logistics compounding technology and customer service. Today, Katoen Natie has 9,300 employees and operates nearly 51 million square feet (4.8 million square meters) of warehouse and manufacturing space worldwide. Katoen Natie is ISO certified.

Copyright Business Wire 2010

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