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Chemtura expanding bromine business to India

6:22 AM MDT | October 5, 2012 | —Vincent Valk

Chemtura, which purchased the bromine assets of Solaris ChemTech Industries (Gujarat, India) late last month, is aiming to expand its global bromine business despite difficult economic conditions. “We saw [the deal] as a way to source bromine from within the region,” says Chemtura CEO Craig Rogerson. The company made the $142-million acquisition to secure supply and develop a manufacturing footprint in Asia, he adds. Rogerson: Securing bromine supply. The assets include two manufacturing plants, an R&D facility, and a multi-product facility, all...

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