Crompton Corporation and Great Lakes Chemical Finalize Merger, Become 'Chemtura' Corporation
- Jul 4, 2005
MIDDLEBURY, Conn. -- Chemtura:
Chemtura is Fourth-Largest U.S. Specialty Chemicals Company Becomes World's
Largest Plastics Additives Company Chemtura Has Leading Positions in
Multiple High-Value Niches
With the finalization of the Crompton Corporation (NYSE: CK)
and Great Lakes Chemical Corporation (NYSE: GLK) all-stock merger , the combined
company becomes Chemtura Corporation, the fourth-largest publicly traded U.S.
specialty chemicals company and the world's largest plastics additives company.
Chemtura, with combined pro forma 2004 revenues of $3.7 billion and a market capitalization
of approximately $3.3 billion, will begin trading under the New York Stock Exchange
ticker symbol CEM on July 5. ...
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