Chemtura to increase production of Synton® High Viscosity PAO and Naugalube® 438L ADPA antioxidant

Chemtura Corporation (NYSE: CHMT) has announced the pending completion of the next stage of its multi-stage capacity increase plan for its line of High Viscosity Synton^® 40 and Synton^® 100 Polyalphaolefin (PAO) products at its facility in Elmira, Ontario, Canada. The debottlenecking process equipment will be completely operational in the second quarter of 2011, with some of the increased capacity coming by the end of the first quarter.

Chemtura's Synton^® Polyalphaolefin (PAO) products are high-viscosity, highly saturated polymers used in automotive and industrial applications. They can be used as a high-viscosity synthetic basestock or as a viscosity modifier component for high-performance lubricant or synthetic lubricant formulations, such as gear oils and engine oils.

In addition, Chemtura has announced it will increase production of its Naugalube^® 438L alkylated diphenylamine (ADPA) liquid antioxidant product in both its Latina, Italy and Elmira, Ontario, Canada facilities. The increased capacity will be available by the end of the first quarter of 2011. These investments come on top of the recently announced new production facility for its Naugalube^® 403 liquid antioxidant in Rio Claro, Brazil.

"Synton^® PAO and Naugalube^® 438L are important products for our Petroleum Additives business and we are committed to invest to increase supply given the growing demands for these technologies on a global basis. Additional investments will be made in accordance with demand,” noted Dr. Sean O’Connor, President, Petroleum Additives.

High-performance transportation and industrial lubricants are formulated using Naugalube^® 438L, where it provides excellent protection against oil degradation. Naugalube^® 438L may also be used in combination with other alkylated diphenylamines, as well as other antioxidants such as phenyl naphthylamine and/or hindered phenolics.

Chemtura Corporation, with 2009 sales of $2.3 billion, is a global manufacturer and marketer of specialty chemicals, agrochemicals and pool, spa and home care products. Additional information concerning Chemtura is available at www.chemtura.com.