CHEMTURA INCREASES SYNTON® PAO PRODUCTION CAPACITY
Chemtura Corporation (NYSE:CEM) has announced a multi-stage capacity increase for its line of High Viscosity Polyalphaolefin (PAO) products, produced at its Elmira, Ontario, Canada facility. Chemtura will complete the first phase in the second quarter of 2008.
This multi-stage program when complete will enhance capacity for Synton® 40 and Synton® 100 High Viscosity PAO’s.
“Chemtura is increasing capacity in order to meet the increased current and future market demand for these products,” said Dr. Gerard Mulqueen, VP, Automotive and Global Business Development. “This decision is part of our continuing commitment to our petroleum additives customers--a core growth business for Chemtura. It will help us to remain the supplier of choice for our customers for the long term.”
Chemtura's Synton® Polyalphaolefin (PAO) products are relatively high viscosity, highly saturated, linear/branched polymers used in automotive and industrial applications. They can be used as a high-viscosity synthetic oil or as a viscosity modifier component for high-performance lubricant or synthetic lubricant formulations, such as gear oils and engine oils.
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About Chemtura Corporation
Chemtura Corporation (NYSE:CEM) was created in 2005 by combining the resources of Crompton and Great Lakes Chemical Corporations. With 2007 sales of $3.7 billion, Chemtura is a global manufacturer and marketer of specialty chemicals, crop protection and pool, spa and home care products.
Please visit www.chemtura.com.