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Jun 15, 2009

Chemtura Expands Partnership with ChemPoint.com through Fomrez® Polyester Polyols

BELLEVUE, Washington, June 15, 2009 - Chemtura Corporation has selected ChemPoint.com, the leading e-distributor of specialty and fine chemicals, as their exclusive channel partner for Fomrez® polyester polyols, extending their current relationship into the polyurethanes industry. Effective today, ChemPoint will handle the marketing, sales, customer service and order fulfillment for targeted customer segments in the United States and Canada.
 
“We chose ChemPoint because of their ability to enhance service levels to Fomrez® customers and their capacity to hold high amounts of inventory, which will benefit our customers and enable us to improve our overall plant performance,” said Matthew Hellstern, General Manager of Chemtura Urethanes. “We are confident that a more efficient, effective supply chain combined with their team’s successful track record of serving customers in our industry will provide many benefits for this important product and market segment.”
 
Fomrez® polyester polyols are low molecular weight polyols prepared by polyesterification with excess diol. This allows hydroxyl groups to terminate the polymer molecules. Fomrez® polyester polyols are used in the formation of polyurethanes, particularly for high-strength polyurethane elastomers. They are also used for flexible polyurethane foams, semi-rigid foams, and polyurethane coatings.
 
“We are pleased to expand our existing relationship with Chemtura into the polyurethanes industry,” said Jeff Trimble, Polymer Business Director. “The extension of our partnership is a testament to the effectiveness of our unique business model and to Chemtura’s commitment to providing their customers with a highly focused, strategically aligned and technically proficient marketing, sales and customer service channel.”
 
ChemPoint will begin to proactively contact customers to make them aware of Fomrez® polyester polyols from Chemtura. To purchase material, customers can contact ChemPoint via telephone at 800-485-9569, fax at 425-378-8675, e-mail at [email protected] or online through www.chempoint.com. Prospective customers can receive immediate technical support and request samples by calling 800-485-9569 or by e-mailing [email protected].
 
About Chemtura Corporation
 
Chemtura Corporation (NYSE:CEM), with pro forma 2008 sales of $3.5 billion, is a global manufacturer and marketer of specialty chemicals, crop protection and pool, spa and home care products. Please visit www.chemtura.com.
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