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Chemical Week Magazine :: Newsbriefs

May 5, 2008

Chemtura’s Loss Widens Despite Cost-Cutting

Chemical Week Editorial Staff

Wood: Costs had ‘dramatic’ impact. Chemtura reported a net loss of $21 million in the first quarter, compared with a loss of $13 million in the same year-ago period. Sales rose 2%, to $909 million. Gross profit margins were 20%, compared with 23%...

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