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Chemtura Plans to Accelerate Growth in India

7:25 AM MDT | April 12, 2011 | Deepti Ramesh

Chemtura plans to accelerate the company’s growth in India as well as the Asia/Pacific region during the next few years, Craig Rogerson, CEO of Chemtura told delegates at the Chemical Weekly 12th Annual Business Outlook Conference held in Mumbai today. The sales from the Asia/Pacific region accounted for about 19% of the company’s total global sales in 2010. This share will rise to about 33% by 2015, Rogerson says. And the capital expenditure in Asia will increase to one-third of the corporate spend. Growth in the region is driven by China and India...

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