Songwon announces introduction of new products

SONGWONUlsan, Korea, June 12, 2007 – Songwon Industrial Co., Ltd. announced today the introduction of a series of new products, which are specifically designed for the Polyolefins and Compounding markets. The products are commercially available for immediate shipment. Songwon will be showcasing these new products at K 2007.

CHEMTURA NAMES VICE PRESIDENT, INDUSTRIAL LUBRICANTS & GREASES

Chemtura Corporation announced the appointment of John Pannucci to the position of Vice President, Industrial Lubricants & Greases, Performance Specialties.Chemtura Corporation announced the appointment of John Pannucci to the position of Vice President, Industrial Lubricants & Greases, Performance Specialties. He is in charge of marketing and strategic direction for all Chemtura products for industrial applications, such as refrigeration lubes, fire-resistant hydraulic fluids, industrial specialties and greases. The Chemtura portfolio includes the Anderol and Hatco brands, recently acquired from Kaufman Holdings.

New Borealis pipe grade aids long-term water conservation

BorSafe HE3490-LS-H for PE water pressure pipesBorealis, a leading provider of innovative, value creating solutions, has launched BorSafeTM HE3490-LS-H, a new polyethylene (PE) pipe grade for pressure pipes. This new solution expands the durability of PE pipe systems for water distribution by delivering an easy-to-lay response to the tough installation techniques facing installers and utilities today. In addition, it contributes to precious water savings by eliminating leaks and ensuring long-term performance for utilities and consumers. The United Nations calculated that over 2 billion people face water scarcity, making its conservation one of the most urgent global challenges.

CHEMTURA URETHANES ANNOUNCES FOUR NEW APPOINTMENTS

Ian Laskowitz, Application and Design Engineer.Middlebury, CT—Middlebury, CT - Chemtura Corporation (NYSE:CEM) announces the appointment of four new specialists in its Urethanes business.

CHEMTURA NAMES DENNERLEIN VP, URETHANES BUSINESS

Chemtura Corporation named John D. Dennerlein to the position of Vice President, Urethanes Business Unit, Performance Specialties.Chemtura Corporation named John D. Dennerlein to the position of Vice President, Urethanes Business Unit, Performance Specialties. Since joining Chemtura in 1996, Dennerlein has held various positions in sales, marketing and business management in the company’s Petroleum Additives and Urethanes Business Units.

CHEMTURA NAMES MULQUEEN VP, GLOBAL BUSINESS DEVELOPMENT FOR LUBRICANTS AND GREASES

Chemtura Corporation named Gerard Mulqueen to the position of Vice President Global Business Development Lubricants & Greases.Chemtura Corporation named Gerard Mulqueen Vice President Global Business Development for Lubricants and Greases. Since joining Chemtura in 2005, Mulqueen has held various positions in the company’s Petroleum Additives Unit, including Senior Business Director, Lubricants from October 2006 to April 2007and Business Director, Lubricants from September 2005 to September 2006.

CHEMTURA NAMES O’CONNOR VP, TRANSPORTATION LUBRICANTS

Chemtura Names Sean O’Connor VP, Transportation Lubricants.Chemtura Corporation (NYSE: CEM) has appointed Sean O’Connor to Vice President, Transportation Lubricants for its Performance Specialties business group. He is responsible for strategy, R&D and marketing for products that improve performance for the automotive, aviation and marine industries.

CHEMTURA INCREASES METALLIC STEARATES PRICES

ChemturaChemtura Corporation (NYSE:CEM) has increased non-formula-based prices for Metallic Stearates by $0.05 – $0.15 per pound, depending on grade, effective June 1, 2007 or as contracts permit.