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Last $27.16 USD
Change Today -0.03 / -0.11%
Volume 40.8K
CHMT On Other Exchanges
EN Paris
As of 11:40 AM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

chemtura corp (CHMT) Snapshot

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52 Week High
05/1/15 - $31.10
52 Week Low
12/16/14 - $21.02
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chemtura corp (CHMT) Details

Chemtura Corporation, together with its subsidiaries, develops, manufactures, and markets performance-driven engineered specialty chemicals for industrial manufacturing customers in the United States and internationally. Its Industrial Performance Products segment offers synthetic base-stocks and petroleum additives that enable engine and machine protection through friction reduction, thermal and oxidative stabilization, detergency, corrosion inhibition, and wear protection in transportation and industrial lubricating fluids and greases; and synthetic finished lubricants and greases for aviation, marine, refrigeration, power generation, and general industrial applications. This segment also provides thermoset and thermoplastic urethane polymers for a range of industrial and recreational applications; and polyester polyols for cast polyurethane pre-polymers, flexible polyurethane foams, and water-based polyurethane dispersions for use in various coatings. The company’s Industrial Engineered Products segment offers catalyst components; surface treatments; flame retardants and a bromine based product line used as agricultural and pharmaceutical intermediates; completion fluids for oil and gas extraction; and mercury control products for coal fired power stations. It serves plastics, agriculture, fine chemicals, oil and gas, building and construction, insulation, electronics, mercury control, solar energy, pharmaceutical, and automotive industries. The company offers its industrial performance products under the Adiprene, Anderol, Durad, Duracast, Everest, Fomrez, Hatcol, Hybase, Lobase, Naugalube, Reolube, Royco, Synton, Trixene, Vibrathane, and Witcobond brands; and industrial engineered products under the Axion, DayStar, Emerald Innovation, Firemaster, Fyrebloc, GeoBrom, Kronitex, Meth-o-Gas, Ongard, Pyrobloc, Reofos, Smokebloc, Thermoguard, and Timonox brands. Chemtura Corporation was founded in 1900 and is headquartered in Philadelphia, Pennsylvania.

2,700 Employees
Last Reported Date: 02/25/15
Founded in 1900

chemtura corp (CHMT) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.1M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $524.0K
Executive Vice President of Supply Chain & Op...
Total Annual Compensation: $442.4K
Executive Vice President, General Counsel and...
Total Annual Compensation: $419.5K
Executive Vice President of Organometallics S...
Total Annual Compensation: $386.1K
Compensation as of Fiscal Year 2014.

chemtura corp (CHMT) Key Developments

Chemtura Corporation Seeks Acquisitions

Chemtura Corporation (NYSE:CHMT) is looking for bolt-on acquisitions to improve IPP. It is probably the area where Chemtura has more opportunity and may be actionable opportunities.

Chemtura Corporation Reports Unaudited Condensed Consolidated Earnings Results for the Second Quarter Ended June 30, 2015

Chemtura Corporation reported unaudited condensed consolidated earnings results for the second quarter ended June 30, 2015. For the quarter, the company has posted net sales of $464 million against $609 million a year ago. Operating income was $44 million against $52 million a year ago. Earnings from continuing operations were $18 million against $43 million a year ago. Diluted earnings from continuing operations were $0.26 against $0.46 a year ago. Adjusted EBITDA was $61 million against $91 million a year ago. Net cash provided by operating activities was $53 million against $18 million a year ago. Total debt was $517 million as of June 30, 2015 compared with $574 million as of December 31, 2014. The decrease was primarily due to a repayment of $42 million on Term Loan and a $15 million repayment of China Bank Facility. Capital expenditures for the second quarter of 2015, the second quarter of 2014 and the first quarter of 2015 were $19 million, $25 million and $13 million, respectively. The decrease from the second quarter of 2014 primarily related to lower spending on capital projects at Nantong, China and Hyeongok (Daystar), South Korea facilities. Earnings were $18 million against $43 million a year ago.

Chemtura Corporation Presents at Jefferies 11th Annual Industrials Conference, Aug-11-2015 08:00 AM

Chemtura Corporation Presents at Jefferies 11th Annual Industrials Conference, Aug-11-2015 08:00 AM. Venue: Grand Hyatt, 109 E. 42nd Street, New York, New York, United States. Speakers: Craig A. Rogerson, Chairman, Chief Executive Officer and President, Matthew Sokol, Director of Investor Relations and Corporate Development.


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