Chemtura

(CEM) - Get Report

, the Middlebury, Conn.-based specialty chemicals manufacturer, said Friday that it was increasing all fatty acid prices by 2 cents a pound. The company's price raise was a result of increasing costs and declining by-product glycerin prices, effective Oct. 15. Fatty acid powder grades prices will be increased an additional 3 cents per pound, the company said.

The company's shares were trading at $8.69 a share, down 3 cents, or 0.34% Friday.

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