CHEMTURA TEAM RINGS IN NEW COMPANY AT NYSE

MIDDLEBURY, Conn—July 7, 2005 -- Chemtura Corporation (NYSE: CEM) began trading under the New York Stock Exchange ticker symbol CEM on July 5. The Chemtura team rang the day’s opening bell.

With the finalized all-stock merger of Crompton Corporation and Great Lakes Chemical Corporation on July 1, the combined company became one of the largest publicly traded U.S. specialty chemical companies and the world's largest plastics additives company.

To customers, the merger means 1) Chemtura has the resources and financial strength to be the long-term supplier of choice; and, 2) Chemtura can blend the talents and capabilities of two great companies to create new opportunities for advancement in R&D and applications science.

CEO Robert L. Wood: “Improving performance is our profession.”

"Chemtura is a unique new company with a portfolio of global businesses that have achieved leading positions in high-value market niches," said Chemtura Chairman, President and Chief Executive Officer Robert L. Wood, including plastics additives, petroleum additives, flame retardants, organometallics, castable urethanes, pool and crop protection chemicals.

"We are building a world-class organization and adopting best business practices in everything we do. Our vision is not simply to add companies together. It is to create the world's best specialty chemicals company.“

Reader enquiries