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chemtura corp (CEMJQ) Snapshot

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52 Week High
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Market Cap
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Average Volume 10 Days
0.0
EPS TTM
$-0.60
Shares Outstanding
242.9M
EX-Date
10/30/08
P/E TM
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Current Stock Chart for CHEMTURA CORP (CEMJQ)

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chemtura corp (CEMJQ) Details

Chemtura Corporation, together with its subsidiaries, develops, manufactures, and markets performance-driven engineered specialty chemicals primarily for industrial manufacturing customers. The company operates through Industrial Performance Products, Industrial Engineered Products, and Chemtura AgroSolutions segments. The 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 that are engineered to provide performance properties in 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, such as wood floor finishes, glass fiber coatings, and textile treatments. The 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. The Chemtura AgroSolutions segment provides seed treatments, fungicides, miticides, insecticides, growth regulators, and herbicides. It serves various industries, such as agriculture, automotive, construction, electronics, lubricants, packaging, durable and non-durable goods plastics, and transportation. The company was founded in 1900 and is headquartered in Philadelphia, Pennsylvania.

chemtura corp (CEMJQ) 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: $438.5K
Executive Vice President, General Counsel and...
Total Annual Compensation: $410.9K
Executive Vice President of Human Resources &...
Total Annual Compensation: $372.0K
Compensation as of Fiscal Year 2013.

chemtura corp (CEMJQ) Key Developments

Anne Noonan to Resign as Senior Vice President of Chemtura's Industrial Engineered Products Business, Effective Sep. 5, 2014

Chemtura Corporation announced that effective Sept. 5, 2014, Anne Noonan will resign as Senior Vice President, Industrial Engineered Products, in order to pursue another opportunity. The company has initiated a search to identify a highly qualified executive to lead the Industrial Engineered Products business. In the interim, the business will report directly to Craig A. Rogerson, Chairman, President and Chief Executive Officer of Chemtura Corporation.

Chemtura Corporation Seeks Acquisitions

Chemtura Corporation (NYSE:CHMT) is seeking acquisitions. Craig Rogerson, Chairman, Chief Executive Officer and President of Chemtura Corporation, said, “With the free cash flow that we'll be generating, puts us in good position to pursue bolt-on acquisitions, acquisitions that either are in adjacency, add a capability, or a footprint expansion for existing businesses.”

Chemtura Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for 2014

Chemtura Corporation reported earnings results for the second quarter and six months ended June 30, 2014. The company has reported that net earnings for the second quarter ended June 30, 2014 were $39 million, or $0.42 per diluted share, compared to a net loss of $93 million, or $0.93 loss per diluted share, for the same quarter ended June 30, 2013. Net sales for the second quarter ended June 30, 2014 were $609 million, compared to $590 million for the same quarter ended June 30, 2013. Net earnings for the six months ended June 30, 2014 were $45 million, or $0.47 per diluted share, compared to a net loss of $116 million, or $1.17 loss per diluted share, for the same period ended June 30, 2013. Net sales for the six months ended June 30, 2014 were $1.16 billion, compared to $1.12 billion for the same period ended June 30, 2013. The company expected year-on-year adjusted EBITDA growth for 2014 at 15% - 20% compared to the 20% - 30% the company anticipated at the start of the year.

 

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