Chemtura Corporation announces it will present new additive innovations within its extensive line of antioxidants, UV stabilizers, polymerization inhibitors and flame retardants for plastics and describe the investments it is making in China and emerging markets at Chinaplas, Guangzhou, China, May 17-20, 2011. Visitors to Chemtura’s booth at Chinaplas will learn more about Chemtura’s new Application Development Center in the Nanjing Economic & Technological Development Zone that serves as the company’s technical center of excellence for its businesses in the Asia/Pacific region.
This state-of-the-art facility, the expansion of the company’s regional headquarters in Shanghai, combined with continuing product innovation, support the company’s growth plans in China and the region. The specialty chemicals company plans to invest $50 million to $60 million on the Chinese mainland over the next several years. With a new director of mergers and acquisitions now based in Shanghai, the company is looking for joint venture and acquisition opportunities in China to boost its business in the Asia Pacific region, where sales grew by 52 percent in 2010.
Chemtura’s Antioxidants & UV Stabilizers business will continue to confirm its commitment to the industry through innovation, growth and further investment. In response to customer demand for cost-effective, greener and customized dust-free additive solutions, the innovative Weston Liquid Productivity Platform has been created and the company’s proprietary Non-Dust Blend (NDB) technology further developed.
Expansions to Weston 705, a member of the Liquid Productivity Platform, will be highlighted at Chinaplas, together with the complementary additions of liquid phenolics and blends to the range. A portfolio incorporating liquids, NDB’s and powders provides customers with a broader range of stabilization solutions and greater operational flexibility than ever before.
The Antioxidants & UV Stabilizers business will also highlight its investment in manufacturing expansions, with a special focus on the emerging markets to ensure that the business remains the leading player in the plastics additives arena.
Great Lakes Solutions, a Chemtura business, is a global and innovative leader in safe and cost-efficient flame retardant products and solutions for use in applications such as electronic components, electrical enclosures and building products, including insulation and furniture foam. Great Lakes Solutions is introducing greener, high-performing solutions under the new Emerald product series that provide sustainable differentiation in the marketplace without sacrificing performance or quality.
“We are pleased to offer three new, innovative flame retardants to serve global customers in the Electrical & Electronics and Building & Construction industries with high‐performing, greener solutions. A fourth, new Emerald product will be introduced soon,” said Great Lakes Solutions President Anne Noonan.
