The Petroleum Additives business of Chemtura Corporation
(NYSE/Euronext:CHMT) is announcing a price increase on its Naugalube®
ADPA products (Naugalube® 438L, Naugalube® 640, Naugalube® 680 and
Naugalube® 750) of 50 cents per kilo effective Sept. 15, 2013, or as
contracts allow. This price increase is to compensate for cost increases.
Petroleum Additives
Chemtura Petroleum Additives is a global and market-driven value
innovator in supply of additives and finished lubricants for automotive
and industrial applications. Additional information concerning the
Petroleum Additives business is available at www.chemtura.com.
Chemtura Corporation
Chemtura Corporation, with 2012 sales of $2.6 billion,(1) is
a global manufacturer and marketer of specialty chemicals, agrochemicals
and pool, spa and home care products. Additional information concerning
Chemtura is available at www.chemtura.com.
(1) 2012 net sales of $2.6 billion reflects discontinued
operations treatment for the sale of Chemtura's plastic antioxidants
business.
Copyright Business Wire 2013