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Chemtura Announces Polyolesters (POE) Price Increase

PHILADELPHIA--(BUSINESS WIRE)--Chemtura Corporation (NYSE: CHMT) (Euronext: CHMT) has announced that it is raising the price of certain specialty polyolester (POE) products supplied by the Industrial Performance Products Business effective Jan. 15, 2014, or as contracts allow, as the result of continued escalation in the cost of key raw materials . Chemtura will increase the prices of select POE’s by up to $0.30/kg globally. These increases are essential to sustain Chemtura’s ability to provide high-quality products, service levels, and innovative offerings.