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Chemtura Plans Bromine Alliance with Archean Group

9:38 AM MDT | May 23, 2011 | Lindsey Bewley

Chemtura says it has signed a letter of intent with Archean Group (Chennai, India) to establish a strategic alliance in bromine and brominated derivatives. This alliance will build upon Archean’s marine chemical facility at Gujarat, which produces potash.   The alliance will develop in two phases beginning with an initial long-term bromine sourcing alliance between the two companies that will provide Chemtura’s Great Lakes Solutions business with a strong position to respond to global customer demand from a cost-competitive, robust and consistent...

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