PHILADELPHIA, Sep 22, 2010 (BUSINESS WIRE) --
Chemtura Corporation today announced it will inaugurate a new production
line for its Naugalube(R) 403 liquid antioxidant at its
existing plant in Rio Claro, Brazil, by the end of 2010.
"This is an important product for us and a key addition to our
manufacturing capabilities, enabling Chemtura to continue to meet the
growing and diverse needs of our customers in the global fuel market,"
noted Dr. Gerard Mulqueen, Global Business Director, Petroleum Additives.
Naugalube(R) 403 is currently manufactured at Chemtura's
facility in Latina, Italy. Naugalube(R) FAO 32, another leading
biofuels liquid antioxidant, is manufactured in Catenoy, France.
Together they supply Europe, the world's fastest-growing biofuels market.
"Our new facility in Brazil will position Chemtura to be a leading
supplier of liquid antioxidants to producers of biofuels in Brazil and
Argentina, the next fastest growing global market," said Naureen Stone,
Global Market Manager Inhibitors. "Our antioxidants are 100 percent
active, effective at eliminating injector deposits, ensure storage
protection and long-lasting stability, and allow biofuel manufacturers
to meet or exceed specifications for their products."
Naugalube(R) 403 and Naugalube(R) FAO 32 are both
certified to the stringent quality, filtration and engine compatibility
standards of the Arbeitsgemeinschaft Qualitatsmanagement Biodiesel
(AGQM), the German biodiesel quality management working group.
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.
SOURCE: Chemtura Corporation
Naureen Stone, 203-573-3213
Global Market Manager/Inhibitors