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Chemtura Announces Opening of New Application Development Center in China

Chemtura Corporation today announced the opening of a new Application Development Center (ADC) in the Nanjing Economic & Technological Development Zone, serving as Chemtura's technical center of excellence for its businesses in the Asia/Pacific region.

"The ADC is an immediate investment in science, laboratory technology, research, development and innovation in China," said Chemtura Chairman, President and Chief Executive Officer Craig A. Rogerson. "It represents the kind of work and jobs that emphasize education, innovation, creativity, customer focus, and world-class solutions that Chemtura brings to the marketplace."

Rogerson added that Chemtura "is very interested in cooperative relationships with government economic and technological development agencies, universities and research institutes, and other engines of innovation and growth. We highly value mutual support and participation with these entities."

The ADC consists of a group of state-of-the-art laboratories serving as a technical center of excellence for Chemtura businesses in the Asia-Pacific region, including AgroSolutions(TM), Antioxidant/UV Stabilizers, Consumer Products, Flame Retardants, Petroleum Additives, and Urethanes.

"It will allow us to better serve our growing customer base in China and the Asia-Pacific region and provide timely and regionally attuned technical service," said Li Meng, chairman of Chemtura's Asia Business Council and the Asia-Pacific commercial director for Urethanes and Petroleum Additives. "Chemtura's Chinese customers are making huge technical advances every year, and the Chemtura ADC facility will allow significant technical synergies, driving growth for Chemtura's customers throughout the Asia/Pacific region."

According to Charles Guo, Director of the ADC, external initiatives will be supported such as development of new formulations aimed at local customer needs, evaluation of new-product opportunities, training of local distributors and key customers to increase their competitiveness, provision of technical support for tolling or contract manufacturing, and the enhancement of Chemtura product quality. The ADC also will support internal employee training, promotional activities and regulatory requirements, quality control on locally sourced material, and transfer to the local technical team of knowledge gained through research and development, Guo said.

"We feel the ADC truly demonstrates Chemtura's commitment to customers in the marketplace and to our own employees," said Guo.

Chemtura recently expanded its region headquarters in Shanghai, and is recruiting additional staff in Shanghai, Nanjing and elsewhere to fulfill its growth plan in China and the region.

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