Great Lakes to hike price of elemental bromine in Asia

Great Lakes Solutions, a business of Chemtura Corporation, has announced that it will increase its price for elemental bromine in the Asia Pacific region by up to 20 percent. This price increase will take effect immediately or as contracts allow.
 
This price increase is necessary to sustain investment in Great Lakes Solutions but is not anticipated to have a material effect upon the consolidated profitability and cash flows of Chemtura Corporation.
 
The Great Lakes Solutions business of Chemtura Corporation is one of the world's leading manufacturers of bromine and bromine intermediates. Chemtura Corporation, with 2013 sales of $2.2 billion, is a global manufacturer and marketer of specialty and agro chemicals.