MIDDLEBURY, Conn. (Feb. 24, 2010)—Chemtura Corp. plans to increase its capacity for antioxidants and UV stabilizers to position itself for growth in growing markets.
Peter Smith, head of Chemtura's Global Antioxidant and UV Stabilizer Group, said the company will continue to supply antioxidants through a combination of technology licensing, global sourcing agreements, and its global manufacturing network in the Middle East, Asia, North America, South America and Europe.
As part of this initiative, Chemtura plans to add capacity for alkylated phenol, the key raw material for antioxidants, adding capacity and a range of specialty alkylated phenols to be produced at its Catenoy site in France. The alkylated phenols are used as intermediates in a number of Chemtura products and also are sold in the outside marketplace.
Chemtura also plans to produce its new Weston 705 product for styrenics at multiple sites around the world.
Complementing these liquid antioxidants, Chemtura has an agreement to cooperate with Everspring Corp. of Taiwan to develop and manufacture a range of phenolic antioxidants, including Anox 20 and Anox PP18, suitable for use in polyurethanes and other polymers.
Chemtura is expanding its own capacity of Alkanox 240 phosphite antioxidants, also for styrenics, with additional capacity in Asia and the Middle East.