Chemtura Corp (CHMT.N)
9 Dec 2016
Latest Key Developments (Source: Significant Developments)
Nippon Soda Co Ltd <4041.T>: Says it to buy 20 percent voting rights in Certis Europe B.V. in Jan. 2017 .Says acquisition price of 9,500,000 euro. Full Article
Chemtura and Tosoh announce relationship for manufacture and sale of emerald innovation 1000 products in Japan
Chemtura Corp and Tosoh Corp:Says that the companies have signed a letter of intent establishing the framework for a long-term relationship for brominated flame retardant products and technologies in Japan.Would have the exclusive right to promote and sell Chemtura's Emerald Innovation 1000 flame retardant products to Japanese customers.Tosoh would also be granted a license to manufacture Emerald Innovation 1000 products for sale to Japanese customers. Full Article
Chemtura Corp:Says adjusted EBITDA, base case is to deliver $250 million EBITDA in FY 2015.FY 2015 EBITDA of $241 million - Thomson Reuters I/B/E/S. Full Article
FRANKFURT Lanxess said that any moves by future U.S. President Donald Trump to erect trade barriers, though harmful overall, would pose a case for local production in North America for the German maker of synthetic rubber and specialty chemicals.