IHS Chemical Week

People & Business :: M&A

Chemtura LED buyout

2:31 PM MDT | May 21, 2013

Chemtura says it has acquired UP Chemical’s (Pyeongtaek, South Korea) 50% stake in their DayStar Materials (Pyeongtaek) joint venture. DayStar was formed in 2011 as a 50-50 jv of Chemtura and UP Chemical, and it manufactures and markets high-purity metal organic precursors for the rapidly growing light-emitting diode (LED) market. Chemtura now owns a 100% interest in...

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