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News Article | May 7, 2017
Site: www.PR.com

Future Market Insights has announced the addition of the “Phosphate Esters Market: Global Industry Analysis and Opportunity Assessment 2017-2027" report to their offering. Valley Cottage, NY, May 07, 2017 --( Phosphate esters possess a competitive advantage over other ester-based fluids in terms of performance and thermal stability. The fire-resistant and anti-wear properties of phosphate esters make them a preferred choice in important applications, such as fire retardants, hydraulic systems, emulsifying agents, lubricants, hydrotropes in cleaning applications, corrosion inhibitors, anti-static agents, and wetting agents. They are also used as plasticizers, solvents, and additives. The most frequently used phosphate esters are malathion, parathion, phosmet, tetrachlorvinphos, azamethiphos, methyl parathion, diazinon, azinphos methyl, and fenitrothion. The numerous and varied applications of phosphate esters, makes their market study imperative. Request For Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3129 Phosphate Esters Market: Segmentation On the basis of product type, the global phosphate esters market is segmented as follows: Triaryl/alkyl aryl phosphate esters Trialkyl phosphate esters Bis phosphates On the basis of application type, the global phosphate esters market is segmented as follows: Lubricants Surfactants Pesticides Fire Retardants Hydraulic Fluids Plasticizers Paints & Coatings Others Phosphate Esters Market: Key Trends, Drivers It has been observed that prominent manufacturers of phosphate esters worldwide have been focusing on strategic acquisitions and geographical expansions to increase their manufacturing strengths and capabilities, as well as to increase their penetration in regions with high growth potential considering the global phosphate ester market. Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-3129 Also, as there has been a significant demand for phosphate esters from the automobile industry, rapid growth of the latter is expected to indirectly drive the market demand for phosphate esters. It has been observed that governments of countries in the Asia Pacific region have been endorsing favorable policies for the production of phosphate esters to meet their respective demands; hence, the region is expected to play a vital role in the development of the phosphate esters market in the next few years. In terms of application, the use of phosphate esters for the manufacture of lubricants is expected to continue to dominate the market, as it has done in recent past. There has been a rising demand globally for different pesticides, herbicides, weedicides and fertilizers, thereby augmenting their manufacture. This trend of the agrochemical industry is also expected to translate into rising demand for phosphate esters, as they find direct applications in the agrochemical industry. Phosphate esters in different forms are finding increasing applications, such as a therapeutic agent and in public recreational spaces, residential landscaping and pest control programs worldwide. However, it should be noted that the manufacture and research and development involving phosphate esters incurs high production costs for producers; lubricant products based on phosphate esters are also found to be relatively expensive. These cost factors could slow down the growth rate of phosphate esters in the near future. Phosphate esters are found to be hazardous, as they could cause skin corrosion in case of skin contact, and could cause serious eye damage in case of contact with the eyes. Phosphate esters are found to cause respiratory tract infections in case of inhalation and are known to be toxic to the aquatic environment. They are also flammable and possess explosive properties to some extent, thereby requiring special storage and handling requirements. Hence, these factors, in turn, could hamper the market growth rate of phosphate esters. Browse Full Report@ http://www.futuremarketinsights.com/reports/phosphate-esters-market The U.S. Environmental Protection Agency (EPA) has classified phosphate esters as toxic to humans and wildlife. In the UK, the Department for Environment, Food and Rural Affairs is the regulatory body associated with the regulation of the use of phosphate esters in agriculture. Besides, other regulatory bodies, such as the Health and Safety Executive, Veterinary Products Committee, Committee on Safety of Medicines, Advisory Committee on Pesticides, and Committee on Toxicity have been into the regulations pertaining to the research and use of phosphate esters. These bodies have been monitoring the harmful effects of phosphate esters on humans, microbes and animals, thereby restricting the market growth. Considering this regulatory perspective, manufacturers have been spending and working towards developing phosphate esters with reduced toxicity levels, such that they could comply with the relevant regulations. Phosphate Esters Market: Market Participants Examples of some of the market participants in the global phosphate esters market are as follows: Chemtura Corporation The Dow Chemical Company Exxon Mobil Castrol Akzo Nobel Elementis Plc Lanxess Rhodia Solutia Elementis Valley Cottage, NY, May 07, 2017 --( PR.com )-- Phosphate esters, popularly known as organophosphates, are esters of phosphoric acid and form the foundation of the production of many agrochemicals. Phosphate esters primarily find applications as lubricant additives. Due to their overall stability, phosphate esters also find applications in numerous industries, such as the flame retardant industry, surfactant industry, detergent industry, food industry, and in wastewater treatment.Phosphate esters possess a competitive advantage over other ester-based fluids in terms of performance and thermal stability. The fire-resistant and anti-wear properties of phosphate esters make them a preferred choice in important applications, such as fire retardants, hydraulic systems, emulsifying agents, lubricants, hydrotropes in cleaning applications, corrosion inhibitors, anti-static agents, and wetting agents. They are also used as plasticizers, solvents, and additives. The most frequently used phosphate esters are malathion, parathion, phosmet, tetrachlorvinphos, azamethiphos, methyl parathion, diazinon, azinphos methyl, and fenitrothion.The numerous and varied applications of phosphate esters, makes their market study imperative.Request For Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3129Phosphate Esters Market: SegmentationOn the basis of product type, the global phosphate esters market is segmented as follows:Triaryl/alkyl aryl phosphate estersTrialkyl phosphate estersBis phosphatesOn the basis of application type, the global phosphate esters market is segmented as follows:LubricantsSurfactantsPesticidesFire RetardantsHydraulic FluidsPlasticizersPaints & CoatingsOthersPhosphate Esters Market: Key Trends, DriversIt has been observed that prominent manufacturers of phosphate esters worldwide have been focusing on strategic acquisitions and geographical expansions to increase their manufacturing strengths and capabilities, as well as to increase their penetration in regions with high growth potential considering the global phosphate ester market.Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-3129Also, as there has been a significant demand for phosphate esters from the automobile industry, rapid growth of the latter is expected to indirectly drive the market demand for phosphate esters.It has been observed that governments of countries in the Asia Pacific region have been endorsing favorable policies for the production of phosphate esters to meet their respective demands; hence, the region is expected to play a vital role in the development of the phosphate esters market in the next few years. In terms of application, the use of phosphate esters for the manufacture of lubricants is expected to continue to dominate the market, as it has done in recent past.There has been a rising demand globally for different pesticides, herbicides, weedicides and fertilizers, thereby augmenting their manufacture. This trend of the agrochemical industry is also expected to translate into rising demand for phosphate esters, as they find direct applications in the agrochemical industry.Phosphate esters in different forms are finding increasing applications, such as a therapeutic agent and in public recreational spaces, residential landscaping and pest control programs worldwide.However, it should be noted that the manufacture and research and development involving phosphate esters incurs high production costs for producers; lubricant products based on phosphate esters are also found to be relatively expensive. These cost factors could slow down the growth rate of phosphate esters in the near future. Phosphate esters are found to be hazardous, as they could cause skin corrosion in case of skin contact, and could cause serious eye damage in case of contact with the eyes. Phosphate esters are found to cause respiratory tract infections in case of inhalation and are known to be toxic to the aquatic environment. They are also flammable and possess explosive properties to some extent, thereby requiring special storage and handling requirements. Hence, these factors, in turn, could hamper the market growth rate of phosphate esters.Browse Full Report@ http://www.futuremarketinsights.com/reports/phosphate-esters-marketThe U.S. Environmental Protection Agency (EPA) has classified phosphate esters as toxic to humans and wildlife. In the UK, the Department for Environment, Food and Rural Affairs is the regulatory body associated with the regulation of the use of phosphate esters in agriculture. Besides, other regulatory bodies, such as the Health and Safety Executive, Veterinary Products Committee, Committee on Safety of Medicines, Advisory Committee on Pesticides, and Committee on Toxicity have been into the regulations pertaining to the research and use of phosphate esters. These bodies have been monitoring the harmful effects of phosphate esters on humans, microbes and animals, thereby restricting the market growth. Considering this regulatory perspective, manufacturers have been spending and working towards developing phosphate esters with reduced toxicity levels, such that they could comply with the relevant regulations.Phosphate Esters Market: Market ParticipantsExamples of some of the market participants in the global phosphate esters market are as follows:Chemtura CorporationThe Dow Chemical CompanyExxon MobilCastrolAkzo NobelElementis PlcLanxessRhodiaSolutiaElementis Click here to view the list of recent Press Releases from Future Market Insights


News Article | April 24, 2017
Site: www.materialstoday.com

Specialty chemicals company Lanxess has completed its acquisition of US company Chemtura, which supplies flame retardant and lubricant additives. With a total enterprise value of €2.4 billion, Chemtura is the largest acquisition in the history of Lanxess. In addition to additives, Chemtura’s urethanes and organometallics businesses will be integrated into the Lanxess portfolio and Lanxess will will absorb 2,500 Chemtura employees at 20 sites in 11 countries. The former Chemtura businesses generate annual sales of approximately €1.5 billion. ‘The acquisition of Chemtura is another major step in our realignment process and a significant milestone in our course of growth,’ said Matthias Zachert, chairman of the board of management of Lanxess AG.’ In its new set-up and with an even more balanced portfolio, the company will be much more stable and profitable. At the same time, Chemtura considerably strengthens our presence in the North American growth region.’ Through the acquisition Lanxess has increased its footprint in North America and is is now represented at 24 production sites (previously 12) and employs approximately 2,800 staff (previously 1,500). The region’s share in global sales has increased from approximately 17% to approximately 21%. This story uses material from Lanxess, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.


Global Aqueous Polyurethane Dispersion Market Analyzed for Rising CAGR by the End of 2022 Aqueous Polyurethane polymer is used as adhesives, especially in footwear, textile and packaging industry, along with its use in leather finishes and as substrates for artificial leather production. Albany, NY, May 14, 2017 --( Request Free Sample Report: http://www.marketresearchhub.com/enquiry.php?type=S&repid=1067281 Aqueous polyurethane dispersions is a polymer prepared from toluene di-isocyanate, polytetramethylene glycol, and 1,4-butanediol, with different weight percent of dimethylol propionic acid (DMPA) as anionic center. The polymer is used as adhesives, especially in footwear, textile and packaging industry, along with its use in leather finishes and as substrates for artificial leather production. Moreover, it is also used as binders for inks and ceramic powders, semi-permeation membranes, and also as single-ion electrolytes in batteries. The report starts with the aqueous polyurethane dispersion market overview that details product and scope of aqueous polyurethane dispersion. It is further segmented by type, application, and region. The product type is compared for production & CAGR (2012-2022) and analyzed for market share (2016). The product type includes Component Polyurethane, Two-Component Polyurethane, and Urethane-Modified. On the basis of application; PUD Leather Finishing Agents, PUD Coating Agent, PUD Water-Based Glue, Waterborne Wood Coatings, and Water-Based Paint. The report further compares the aqueous polyurethane dispersion consumption for the time period 2012 to 2022. Moving further, considering the global analysis, the market size and CAGR are compared by regions, including North America, Europe, China, Japan, Southeast Asia and India. The top manufacturers are analyzed from 2012 to 2017, with production, price, revenue, and market share for each manufacturer. The top players listed in the report include Bayer, DSM, Chemtura, Lubrizol, BASF, Alberdingk Boley, Hauthaway, Stahl, Mitsui, UBE, DIC, Reichhold, Wanhua, Siwo and Lanou, along with their detailed profile including basic information, manufacturing base, sales area, competitors, product category, application, and specification. Apart from these, the company’s aqueous polyurethane dispersion, capacity, production, revenue, price and gross margin for 2012-2017 are also listed. Browse Full Report With TOC: http://www.marketresearchhub.com/report/global-aqueous-polyurethane-dispersion-market-research-report-2017-report.html As the report concludes, the aqueous polyurethane dispersion manufacturing cost is analyzed with detail study of key raw material, price trend of key raw materials, key suppliers of raw material, market concentration rate of raw material and finally detailed proportion of manufacturing cost structure. The marketing strategy and market effect factors have been studied that showcase the strategy and future changes in the market of aqueous polyurethane dispersion. About Market Research Hub: Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps. MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients. Contact Us 90 State Street, Albany, NY 12207, United States Toll Free: 866-997-4948 (US-Canada) Tel: +1-518-621-2074 Email: press@marketresearchhub.com Follow us on: Twitter: twitter.com/MktResearchHub LinkedIn: www.linkedin.com/company/market-research-hub Facebook: www.facebook.com/MarketResearchHub/ Albany, NY, May 14, 2017 --( PR.com )-- The global demand of aqueous polyurethane is increasing due to the lower system costs, as well as, governmental regulations requiring manufacturers to lower total volatile organic compounds (VOCs). Market Research Hub (MRH) has recently analyzed the global aqueous polyurethane dispersion market and has reported it in the research titled as “Global Aqueous Polyurethane Dispersion Market Research Report 2017.” This study defines the market that is growing at a positive CAGR for the time period 2016 to 2022.Request Free Sample Report: http://www.marketresearchhub.com/enquiry.php?type=S&repid=1067281Aqueous polyurethane dispersions is a polymer prepared from toluene di-isocyanate, polytetramethylene glycol, and 1,4-butanediol, with different weight percent of dimethylol propionic acid (DMPA) as anionic center. The polymer is used as adhesives, especially in footwear, textile and packaging industry, along with its use in leather finishes and as substrates for artificial leather production. Moreover, it is also used as binders for inks and ceramic powders, semi-permeation membranes, and also as single-ion electrolytes in batteries.The report starts with the aqueous polyurethane dispersion market overview that details product and scope of aqueous polyurethane dispersion. It is further segmented by type, application, and region. The product type is compared for production & CAGR (2012-2022) and analyzed for market share (2016). The product type includes Component Polyurethane, Two-Component Polyurethane, and Urethane-Modified. On the basis of application; PUD Leather Finishing Agents, PUD Coating Agent, PUD Water-Based Glue, Waterborne Wood Coatings, and Water-Based Paint. The report further compares the aqueous polyurethane dispersion consumption for the time period 2012 to 2022. Moving further, considering the global analysis, the market size and CAGR are compared by regions, including North America, Europe, China, Japan, Southeast Asia and India.The top manufacturers are analyzed from 2012 to 2017, with production, price, revenue, and market share for each manufacturer. The top players listed in the report include Bayer, DSM, Chemtura, Lubrizol, BASF, Alberdingk Boley, Hauthaway, Stahl, Mitsui, UBE, DIC, Reichhold, Wanhua, Siwo and Lanou, along with their detailed profile including basic information, manufacturing base, sales area, competitors, product category, application, and specification. Apart from these, the company’s aqueous polyurethane dispersion, capacity, production, revenue, price and gross margin for 2012-2017 are also listed.Browse Full Report With TOC: http://www.marketresearchhub.com/report/global-aqueous-polyurethane-dispersion-market-research-report-2017-report.htmlAs the report concludes, the aqueous polyurethane dispersion manufacturing cost is analyzed with detail study of key raw material, price trend of key raw materials, key suppliers of raw material, market concentration rate of raw material and finally detailed proportion of manufacturing cost structure. The marketing strategy and market effect factors have been studied that showcase the strategy and future changes in the market of aqueous polyurethane dispersion.About Market Research Hub:Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.Contact Us90 State Street,Albany, NY 12207,United StatesToll Free: 866-997-4948 (US-Canada)Tel: +1-518-621-2074Email: press@marketresearchhub.comFollow us on:Twitter: twitter.com/MktResearchHubLinkedIn: www.linkedin.com/company/market-research-hubFacebook: www.facebook.com/MarketResearchHub/ Click here to view the list of recent Press Releases from Market Research Hub


Future Market Insights has announced the addition of the “Automotive Crankcase Additives Market: Global Industry Analysis and Opportunity Assessment 2017-2027" report to their offering. Valley Cottage, NY, May 25, 2017 --( Automotive Crankcase Additives Market Dynamics With the growing number of automobiles for both personal and commercial uses, the market for the automotive crankcase additives grows hand in hand with vehicle production and is projected to grow on a positive scale in the upcoming years. Vehicles have become more of a commodity than a luxury product owing to higher disposable incomes of the consumers leading to higher demand for automobiles thereby directly influencing the growth of automotive crankcase additives market. As the Governments of various countries strive for curbing vehicle emissions for a sustainable future, the importance of automotive crankcase additives is further augmented as these substances greatly help in reducing tailpipe emissions, strengthening the sustenance of the product in the market even further. One of the major hindrances that can affect the automotive crankcase market is the emergence of Hybrid Vehicles (HVs) and Electric Vehicles (EVs), which function primarily on stored electric power and less on Internal Combustion Engines, leading to less reliance on engines, thereby affecting the market. Request For Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3691 Automotive Crankcase Additives Market: Segmentation Automotive Crankcase AdditivesMarket can be segmented as follows; By vehicle type, the automotive crankcase additives market can be segmented as: Passenger cars Light Commercial vehicles Heavy Commercial vehicles Two Wheelers By engine type, the automotive crankcase additives market can be segmented as: Petrol Engines Diesel Engines Others (Natural Gas, etc.) By product type, the automotive crankcase additives market can be segmented as: Antioxidants Friction Modifiers Detergent Additives Rust Inhibitors Pour Point Depressants Viscosity Index Improvers (VII) Anti-Foam Agents Anti-Misting Agents Anti-wear Additives Dispersants De-waxing Agents Extreme Pressure (EP) Additives Others (Emulsifiers, etc.) Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-3691 Automotive Crankcase Additives Market: Regional Outlook In Asia Pacific region, the number of vehicles produced per year in China and India are higher than the numbers attained by major manufacturers in the Western Europe and North America regions. Vehicle production in these countries is steadily growing on a yearly basis. This factor along with large number of two wheelers in the Asiatic region contribute positively to the automotive crankcase additives market and is expected to expand even further in the upcoming years. Automotive Crankcase Additives Market: Market Participants Examples of some of the major players in the Global Automotive Crankcase Additives market, identified across the value chain include: ABRO Industries, Inc. Chemtura Corporation Afton Chemical Corporation Evonik Industries AG The Lubrizol Corporation Chevron Corporation Croda International Plc The Armor All/STP Products Company Brenntag Holding GmbH Royal Dutch Shell plc ENI SpA BRB International Vanderbilt Chemicals, LLC Petroleum Chemicals, LLC BASF SE Browse Full Report@ http://www.futuremarketinsights.com/reports/automotive-crankcase-additives-market Valley Cottage, NY, May 25, 2017 --( PR.com )-- Internal combustion engines are the primary power generating apparatus housed in an automobile. These engines run largely on four stroke principle, which makes it possible for lubricants to be accommodated in the sealed crankcase, wherein it is agitated continuously by the rotating crankshaft. Automotive crankcase additives are active chemical substances infused in the crankcase oil in order to achieve various desirable advantages from the engine, including, but not limited to improved performance, engine efficiency, emission control, control of contaminants and improve overall lubricating properties of the engine oil. Two stroke engines, which are largely being phased out, also utilize the potential of automotive crankcase additives but its chemical composition differs slightly from the four stroke engine crankcase additives as the substances are directly mixed into the fuel within the crankcase. The prices of the automotive crankcase additives were not affected much owing to the decrease in oil prices since the latter half of 2014, proving that the market of automotive crankcase additives is growing strong in the automotive industry. The prices of the raw materials required to synthesize automotive crankcase additives is on par and consistent without much fluctuations, offering healthy prospects and less hindrances in the growth of the market.Automotive Crankcase Additives Market DynamicsWith the growing number of automobiles for both personal and commercial uses, the market for the automotive crankcase additives grows hand in hand with vehicle production and is projected to grow on a positive scale in the upcoming years. Vehicles have become more of a commodity than a luxury product owing to higher disposable incomes of the consumers leading to higher demand for automobiles thereby directly influencing the growth of automotive crankcase additives market. As the Governments of various countries strive for curbing vehicle emissions for a sustainable future, the importance of automotive crankcase additives is further augmented as these substances greatly help in reducing tailpipe emissions, strengthening the sustenance of the product in the market even further. One of the major hindrances that can affect the automotive crankcase market is the emergence of Hybrid Vehicles (HVs) and Electric Vehicles (EVs), which function primarily on stored electric power and less on Internal Combustion Engines, leading to less reliance on engines, thereby affecting the market.Request For Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3691Automotive Crankcase Additives Market: SegmentationAutomotive Crankcase AdditivesMarket can be segmented as follows;By vehicle type, the automotive crankcase additives market can be segmented as:Passenger carsLight Commercial vehiclesHeavy Commercial vehiclesTwo WheelersBy engine type, the automotive crankcase additives market can be segmented as:Petrol EnginesDiesel EnginesOthers (Natural Gas, etc.)By product type, the automotive crankcase additives market can be segmented as:AntioxidantsFriction ModifiersDetergent AdditivesRust InhibitorsPour Point DepressantsViscosity Index Improvers (VII)Anti-Foam AgentsAnti-Misting AgentsAnti-wear AdditivesDispersantsDe-waxing AgentsExtreme Pressure (EP) AdditivesOthers (Emulsifiers, etc.)Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-3691Automotive Crankcase Additives Market: Regional OutlookIn Asia Pacific region, the number of vehicles produced per year in China and India are higher than the numbers attained by major manufacturers in the Western Europe and North America regions. Vehicle production in these countries is steadily growing on a yearly basis. This factor along with large number of two wheelers in the Asiatic region contribute positively to the automotive crankcase additives market and is expected to expand even further in the upcoming years.Automotive Crankcase Additives Market: Market ParticipantsExamples of some of the major players in the Global Automotive Crankcase Additives market, identified across the value chain include:ABRO Industries, Inc.Chemtura CorporationAfton Chemical CorporationEvonik Industries AGThe Lubrizol CorporationChevron CorporationCroda International PlcThe Armor All/STP Products CompanyBrenntag Holding GmbHRoyal Dutch Shell plcENI SpABRB InternationalVanderbilt Chemicals, LLCPetroleum Chemicals, LLCBASF SEBrowse Full Report@ http://www.futuremarketinsights.com/reports/automotive-crankcase-additives-market Click here to view the list of recent Press Releases from Future Market Insights


China SDHI fungicide Market Report 2017 Edition is a professional and trusted study on the current state of the Chinese SDHI fungicides industry. With more than 140 tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals who are interested in the market. It helps them fully understand the current Chinese SDHI fungicides market and their future trend. In recent years, many MNCs have involved into the research and develop of SDHI fungicides. In 2010-2012, Bayer has launched three SDHI fungicides: bixafen, fluopyram and penflufen; Syngenta has launched two SDHI fungicides: isopyrazam and sedaxane; BASF has launched its third SDHI fungicide fluxapyroxad; Mitsui Chemicals has launched its first SDHI fungicide penthiopyrad. By the end of 2016, there are about 23 SDHI fungicides have entered the market or under develop. In 2014, its global market value of SDHI fungicides has reached USD1.37 billion, with a CAGR of 27.2% during 2009-2014, accounting for 8.4% of global fungicides total. The top five SDHI fungicides by market value were boscalid, fluxapyroxad, bixafen, penflufen and sedaxane, with total market value of USD1.09 million, accounting for 79.4% of SDHI fungicides total. As the biggest pesticide supplier globally, China has been playing an important role in the global SDHI fungicides market. China is the largest generic pesticides producer in the world, and it can produce 4 kinds of SDHI fungicides at present, named boscalid, thifluzamide, carboxin and flutolanil. In addition, some SDHI fungicides will be off patent in the next decade, such as fluxapyroxad, bixafen, penflufen, sedaxane, benzovindiflupyr, etc. China's SDHI fungicides industry will have fast development in the next decade. Though triazole fungicides and strobilurin fungicides are the mainstream ones in China fungicide market, SDHI fungicides will lead the new trend in fungicide market. Compared with other fungicides, SDHI fungicides cost more, but they are more effective and have no resistance problem. More and more famers begin to recognize and accept this new kind of fungicides. In order to fully understand the current industry market aspects of China's SDHI fungicides industry and their future trend, the researcher carried out a special market research for China's SDHI fungicides industry and published this report. 1 Introduction of China fungicides industry 2 Registration situation of SDHI fungicides in China 3 Supply situation of SDHI fungicides in China 4 Export situation of SDHI fungicides in China 5 Consumption situation of SDHI fungicides in China 6 Introductions of 3 typical SDHI fungicide products 7 China SDHI fungicides supply and demand forecast, 2017-2021 8 Profile of key SDHI fungicides producers - Anhui Fengle Agrochemical Co., Ltd. - BASF - Chemtura - FMC - Hangzhou Udragon Chemical Co., Ltd. - Jingbo Agrochemicals Technology Co., Ltd. - Nissan chemical - Sipcam - Syngenta - Taizhou Bailly Chemical Co., Ltd. - Xi'an Hentian Che-Tech Co., Ltd. - Xi'an Wenyuan Chemical Industry Co., Ltd. - Xinyi Yongcheng Chemical Industrial Co., Ltd. - Yancheng Limin Chemical Co., Ltd. For more information about this report visit http://www.researchandmarkets.com/research/3z7hkk/china_sdhi Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/china-sdhi-fungicides-market-report-2017-with-profiles-of-8-key-sdhi-fungicides-players---research-and-markets-300464485.html


News Article | May 10, 2017
Site: en.prnasia.com

SHANGHAI, May 10, 2017 /PRNewswire/ -- With its successful conclusion in Shanghai 2016, Inter Lubric China is heralding its 17th anniversary. 18th China International Lubricants and Technology Exhibition (Inter Lubric China) will be held at China International Exhibition Center in Beijing during September 21-23, 2017. Sponsored by SINOPEC Lubricant Company, PetroChina Lubricant Company and CCPIT Shanghai, and organized by Shanghai Intex, Inter Lubric China has been held annually in Beijing, Guangzhou, Shanghai over the past 17 years, attracting over 2000 exhibitors including SINOPEC, PetroChina, ExxonMobil Chemical, Shell, Fuchs, Caltex, GS Oil, INEOS, G-Energy, BASF, Chemtura, Dow, Lubrizol, HUNTSMAN, Croda, Henkel, LUKOIL, ENI,SK, Afton, Valvoline, Total, WD-40,ENEOS, AMALIE, Emery ,Petromin, Sephan Oil, SASOL, MicRos, LOPAL,HANDI, NACO, Jama, LiuGong and so on. More than 100,000 professional attendees covering manufactures, dealers, distributors and end users have visited the show. Inter Lubric China has been recognized as the most authoritative, large-scale, international, professional brand exhibition in the lubricant industry. Exhibits will include automotive lubricant products, automotive chemical maintenance products, industrial lubricating oil and grease, metal working lubricants and fluids, anti-rust materials, lubricant additives and base oil, lubricant system and machinery, packing, charging as well as mixing equipment for lubricating production, testing, quality control, recycling, assessment technology and equipment for lubricant product, lubricating human resource, consultancy, media and etc. Inter Lubric China also boasts various quality fringe programs on industry trends, technology and marketing. In the past 17 years, there were more than 100 seminars and conferences held during the exhibition. 2017 Inter Lubric China will bring more premium events: To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/2017-inter-lubric-china-to-be-held-in-beijing-during-september-21-23-300451395.html


News Article | May 10, 2017
Site: www.prnewswire.com

SHANGHAI, May 10, 2017 /PRNewswire/ -- With its successful conclusion in Shanghai 2016, Inter Lubric China is heralding its 17th anniversary. 18th China International Lubricants and Technology Exhibition (Inter Lubric China) will be held at China International Exhibition Center in Beijing during September 21-23, 2017. Sponsored by SINOPEC Lubricant Company, PetroChina Lubricant Company and CCPIT Shanghai, and organized by Shanghai Intex, Inter Lubric China has been held annually in Beijing, Guangzhou, Shanghai over the past 17 years, attracting over 2000 exhibitors including SINOPEC, PetroChina, ExxonMobil Chemical, Shell, Fuchs, Caltex, GS Oil, INEOS, G-Energy, BASF, Chemtura, Dow, Lubrizol, HUNTSMAN, Croda, Henkel, LUKOIL, ENI,SK, Afton, Valvoline, Total, WD-40,ENEOS, AMALIE, Emery ,Petromin, Sephan Oil, SASOL, MicRos, LOPAL,HANDI, NACO, Jama, LiuGong and so on. More than 100,000 professional attendees covering manufactures, dealers, distributors and end users have visited the show. Inter Lubric China has been recognized as the most authoritative, large-scale, international, professional brand exhibition in the lubricant industry.


This report studies Oil Seed Crop Protection in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Adama Agricultural Solutions American Vanguard Corporation Arysta LifeScience BASF Bayer Bioworks Cheminova Chemtura AgroSolutions Dow DuPont FMC Corporation IsAgro Ishihara Sangyo Kaisha Marrone Bio Innovations Monsanto Natural Industries -Novozymes Nufarm Ltd Syngenta International Valent Biosciences Corp By types, the market can be split into Synthetic Pesticides Biopesticides By Application, the market can be split into Sunflower Rape Sesame Groundnut Linseed Safflower Others By Regions, this report covers (we can add the regions/countries as you want) North America China Europe Southeast Asia Japan India Global Oil Seed Crop Protection Market Professional Survey Report 2017 1 Industry Overview of Oil Seed Crop Protection 1.1 Definition and Specifications of Oil Seed Crop Protection 1.1.1 Definition of Oil Seed Crop Protection 1.1.2 Specifications of Oil Seed Crop Protection 1.2 Classification of Oil Seed Crop Protection 1.2.1 Synthetic Pesticides 1.2.2 Biopesticides 1.3 Applications of Oil Seed Crop Protection 1.3.1 Sunflower 1.3.2 Rape 1.3.3 Sesame 1.3.4 Groundnut 1.3.5 Linseed 1.3.6 Safflower 1.3.7 Others 1.4 Market Segment by Regions 1.4.1 North America 1.4.2 China 1.4.3 Europe 1.4.4 Southeast Asia 1.4.5 Japan 1.4.6 India 2 Manufacturing Cost Structure Analysis of Oil Seed Crop Protection 2.1 Raw Material and Suppliers 2.2 Manufacturing Cost Structure Analysis of Oil Seed Crop Protection 2.3 Manufacturing Process Analysis of Oil Seed Crop Protection 2.4 Industry Chain Structure of Oil Seed Crop Protection 8 Major Manufacturers Analysis of Oil Seed Crop Protection 8.1 Adama Agricultural Solutions 8.1.1 Company Profile 8.1.2 Product Picture and Specifications 8.1.2.1 Product A 8.1.2.2 Product B 8.1.3 Adama Agricultural Solutions 2016 Oil Seed Crop Protection Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.1.4 Adama Agricultural Solutions 2016 Oil Seed Crop Protection Business Region Distribution Analysis 8.2 American Vanguard Corporation 8.2.1 Company Profile 8.2.2 Product Picture and Specifications 8.2.2.1 Product A 8.2.2.2 Product B 8.2.3 American Vanguard Corporation 2016 Oil Seed Crop Protection Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.2.4 American Vanguard Corporation 2016 Oil Seed Crop Protection Business Region Distribution Analysis 8.3 Arysta LifeScience 8.3.1 Company Profile 8.3.2 Product Picture and Specifications 8.3.2.1 Product A 8.3.2.2 Product B 8.3.3 Arysta LifeScience 2016 Oil Seed Crop Protection Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.3.4 Arysta LifeScience 2016 Oil Seed Crop Protection Business Region Distribution Analysis 8.4 BASF 8.4.1 Company Profile 8.4.2 Product Picture and Specifications 8.4.2.1 Product A 8.4.2.2 Product B 8.4.3 BASF 2016 Oil Seed Crop Protection Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.4.4 BASF 2016 Oil Seed Crop Protection Business Region Distribution Analysis 8.5 Bayer 8.5.1 Company Profile 8.5.2 Product Picture and Specifications 8.5.2.1 Product A 8.5.2.2 Product B 8.5.3 Bayer 2016 Oil Seed Crop Protection Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.5.4 Bayer 2016 Oil Seed Crop Protection Business Region Distribution Analysis 8.6 Bioworks 8.6.1 Company Profile 8.6.2 Product Picture and Specifications 8.6.2.1 Product A 8.6.2.2 Product B 8.6.3 Bioworks 2016 Oil Seed Crop Protection Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.6.4 Bioworks 2016 Oil Seed Crop Protection Business Region Distribution Analysis 8.7 Cheminova 8.7.1 Company Profile 8.7.2 Product Picture and Specifications 8.7.2.1 Product A 8.7.2.2 Product B 8.7.3 Cheminova 2016 Oil Seed Crop Protection Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.7.4 Cheminova 2016 Oil Seed Crop Protection Business Region Distribution Analysis 8.8 Chemtura AgroSolutions 8.8.1 Company Profile 8.8.2 Product Picture and Specifications 8.8.2.1 Product A 8.8.2.2 Product B 8.8.3 Chemtura AgroSolutions 2016 Oil Seed Crop Protection Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.8.4 Chemtura AgroSolutions 2016 Oil Seed Crop Protection Business Region Distribution Analysis 8.9 Dow 8.9.1 Company Profile 8.9.2 Product Picture and Specifications 8.9.2.1 Product A 8.9.2.2 Product B 8.9.3 Dow 2016 Oil Seed Crop Protection Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.9.4 Dow 2016 Oil Seed Crop Protection Business Region Distribution Analysis 8.10 DuPont 8.10.1 Company Profile 8.10.2 Product Picture and Specifications 8.10.2.1 Product A 8.10.2.2 Product B 8.10.3 DuPont 2016 Oil Seed Crop Protection Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.10.4 DuPont 2016 Oil Seed Crop Protection Business Region Distribution Analysis 8.11 FMC Corporation 8.12 IsAgro 8.13 Ishihara Sangyo Kaisha 8.14 Marrone Bio Innovations 8.15 Monsanto 8.16 Natural Industries -Novozymes 8.17 Nufarm Ltd 8.18 Syngenta International 8.19 Valent Biosciences Corp For more information, please visit https://www.wiseguyreports.com/sample-request/1270936-global-oil-seed-crop-protection-market-professional-survey-report-2017


News Article | February 22, 2017
Site: globenewswire.com

Fourth Quarter 2016 GAAP net earnings of $0.34 per diluted share compared to $0.96 for the fourth quarter of 2015 Fourth Quarter 2016 Non-GAAP net earnings of $0.34 per diluted share compared to $0.44 for the fourth quarter of 2015 Year ended December 31, 2016 GAAP net loss of $0.24 per diluted share compared to net earnings of $1.98 for the year ended December 31, 2015 Year ended December 31, 2016 Non-GAAP net earnings of $1.72 per diluted share compared to $1.47 for the year ended December 31, 2015 PHILADELPHIA, Feb. 22, 2017 (GLOBE NEWSWIRE) -- Chemtura Corporation (NYSE:CHMT) (Euronext Paris:CHMT) (the “Company,” “Chemtura,” “We,” “Us” or “Our”) today announced financial results for the fourth quarter and year ended December 31, 2016.  The Company also filed with the Securities and Exchange Commission its Annual Report on Form 10-K for the year ended December 31, 2016.  For the fourth quarter of 2016, Chemtura reported net sales of $385 million and net earnings on a GAAP basis of $22 million, or $0.34 per diluted share.  Net earnings on a Non-GAAP basis were $22 million, or $0.34 per diluted share.  For the year ended December 31, 2016, Chemtura reported net sales of $1,654 million and a net loss on a GAAP basis of $15 million, or $0.24 per diluted share.  Net earnings on a Non-GAAP basis were $111 million, or $1.72 per diluted share. The discussion below includes financial information on both a GAAP and non-GAAP basis.  Later in this release, we explain our Non-GAAP metrics including how each is calculated, why we use the specific metric and the internal controls around our Non-GAAP metrics.  We have provided reconciliations of our GAAP financial information to our Non-GAAP financial metrics in the supplemental schedules attached to this release.  The use of Non-GAAP metrics is not a substitute for GAAP measures and should not be considered as such. The following is a summary of the unaudited financial results on a GAAP and Non-GAAP basis (a description of our Non-GAAP metrics appears later in this release): “In the fourth quarter, we focused on finishing the year strong and on progressing towards closing the Lanxess transaction,” said Craig Rogerson, Chemtura's Chairman, President and Chief Executive Officer.  “We are pleased that our shareholders have overwhelmingly approved the merger with Lanxess and that we have already received a number of regulatory clearances.  The post-closing integration planning is on course and our respective organizations are well positioned to create a stronger, more diverse and higher performing specialty chemical company.” Mr. Rogerson continued, “In the fourth quarter, we were able to continue our strong 2016 performance.  Fourth quarter operating income increased 14% versus the prior year on overall lower revenue.  Sequentially, revenue and operating income were lower for our industrial businesses, which is often the case in the last quarter of the year.  For the full year, excluding the impact of the pension settlement charge incurred earlier in the year and the expenses related to the merger and post-closing integration planning, 2016 operating income increased 36% over our 2015 results.” “Our IEP Segment posted higher fourth quarter revenue and operating income compared to the fourth quarter of 2015,” said Mr. Rogerson.  “Higher prices for bromine-based products and increased sales of our polymer co-catalyst products led the way for IEP’s year-over-year improvements.  Also, in 2015, IEP’s fourth quarter performance was dragged down by charges related to exiting a product line, which did not repeat in the fourth quarter of 2016.  Sequentially, revenue and operating income were lower compared to the third quarter of 2016 due in part to lower bromine sales in the U.S., lower sales of clear brine fluids and seasonally lower fumigant sales.  It is worth noting that sales of flame retardants, such as tetrabrom, into certain electronic applications increased sequentially.” “Our IPP Segment reported lower fourth quarter sales and operating income compared to prior year and sequentially.  Year-over-year declines in IPP sales and operating income are attributable to unfavorable product mix and lower demand across many of our IPP product lines.  We also saw lower prices in certain IPP products compared to last year, as we passed along lower raw material costs to certain of our customers.  In addition, sales prices for urethanes products used in mining and oil and gas applications were lower in the fourth quarter of 2016 compared to last year due to continued weakness in those industries, although we did experience volume growth from new urethane applications in Asia.  Sequential declines in IPP sales and operating income were predominately due to year-end order timing, unfavorable product mix and higher raw material and manufacturing costs.” “For the calendar year of 2016, we delivered on our commitment to increase operating profitability,” observed Mr. Rogerson.  “Excluding the first quarter pension settlement charge resulting from the pension annuity transaction and merger and integration costs, 2016 operating profit of $221 million increased by $59 million, or 36% compared to 2015 calendar year operating profit of $162 million.  The improvement was less visible in our earnings per share due to the loss from the pension settlement charge, the merger and integration expenses and the 2015 tax benefit from certain tax credits and the release of valuation allowance which resulted in a lower than normal tax rate for the prior year.” Mr. Rogerson concluded, “Looking ahead, we will continue to work with our Lanxess colleagues to ensure a smooth transition and integration into the Lanxess organization post-closing.  We expect that the transaction will close by the middle of 2017.  We will also continue to execute on our business plan.” On February 1, 2017, Chemtura's stockholders voted to approve and adopt the agreement and plan of merger (the "Merger Agreement") we entered into on September 25, 2016 with Lanxess Deutschland GmbH, a limited liability company under the laws of Germany ("Lanxess"), and LANXESS Additives Inc., a Delaware corporation and an indirect, wholly owned subsidiary of Lanxess ("Merger Subsidiary").  The merger remains subject to customary closing conditions.  Assuming timely satisfaction of the remaining closing conditions, we currently expect the merger to close by mid-2017. See tables that follow for a quantitative summary of the components of change by segment between the fourth quarter of 2016 and the fourth quarter of 2015 (“year-over-year”) and compared to the third quarter of 2016 (“sequential”). Our IPP segment delivered lower net sales and lower operating income both year-over-year and sequentially. Year-over-year, the reduction in net sales was primarily the result of lower volume and lower sales prices.  During 2016, we continued to pass along the benefit of lower raw material costs to certain of our customers where required by contract.  Lower volume and unfavorable product mix in our petroleum additive products, particularly in synthetic lubricants, base stocks and detergents, were partially offset by increased sales of our lower priced intermediate products.  New application demand for our urethane products, particularly in Asia, offset the continued low demand for our urethane products used in mining and oil and gas applications that we experienced all year.  Sequentially, the primary drivers of the decline in net sales were lower volumes and unfavorable product mix.  In the third quarter of 2016, we benefited from additional volume for our inhibitor products due to a temporary shutdown of an Asian competitor's plant.  With production restored, demand returned to normal levels in the fourth quarter, although seasonally lower.  Sales prices showed a modest increase over the previous quarter. Operating income year-over-year benefited from favorable raw material and distribution costs which were offset by the lower volume and unfavorable product mix and higher costs for manufacturing, inventory adjustments and selling, general and administrative ("SG&A").  Sequentially, the impact of lower net sales, coupled with higher costs for raw material, manufacturing and inventory adjustments in the fourth quarter, reduced operating income. Our IEP segment reported an improvement in year-over-year net sales and operating income.  On a sequential basis, our IEP segment reported lower net sales and lower operating income. Year-over-year, the increase in net sales was primarily driven by higher sales prices in our Emerald Innovation 3000TM products, as well as in our bromine and bromine-based derivative products.  We saw a significant improvement in volume for our organometallic polymerization co-catalysts and tin specialty products due to increased customer demand, which was offset in part by slower demand for our Emerald Innovation 3000TM product and the reduced demand for our clear brine fluids used in the drilling of deep offshore oil and gas wells that we have experienced all year.  Sequentially, the benefit of increases in sales prices for bromine and bromine-based derivatives and tin specialty products were partly offset by some competitive reductions in sales prices for certain brominated flame retardant products.  Sales volumes benefited from increased demand for tetrabrom which was completely offset by the reduced demand for clear brine fluids, fumigants and bromine and bromine-based derivative products. Operating income on a year-over-year basis benefited from the higher sales prices and the volume improvement in our organometallic products.  Lower raw material costs in certain products were offset by the higher cost of tin, which in many cases we were able to pass along to our customers under formula-based pricing.  Unfavorable manufacturing and absorption variances in 2016 were offset by the absence of a charge we recorded in the fourth quarter of 2015 related to the discontinuance of a product.  Sequentially, operating income saw slightly higher costs in all categories, offset in part by increased sales prices. Our general corporate expense decreased slightly on a year-over-year basis, with some increase in our management incentive accruals offset by favorable pension and environmental accruals and lower charges for amortization.  Sequentially, general corporate expense remained relatively flat. During the fourth and third quarters of 2016, we recorded $2 million and $11 million, respectively, of merger and integration costs, which primarily are comprised of legal and other fees associated with the signing of the Merger Agreement with Lanxess and the charge related to the Addivant preferred stock noted below. Contemporaneous with the execution of the Merger Agreement, we entered into an agreement with SK Blue Holdings, Ltd., and Addivant USA Holdings Corp (collectively, "Addivant") that committed us to surrender our shares of Addivant preferred stock to Addivant along with a cash payment of $1 million in exchange for a modification of a non-compete agreement entered into in conjunction with the sale of our antioxidants business to Addivant in 2013.  Reflecting the terms of this agreement, in the third quarter of 2016, we took a charge of $5 million which is included in the merger and integration costs described above.  The agreement with Addivant also provided for certain other modifications to our continuing supply agreements with Addivant that are contingent upon the completion of the Merger. The Agrochemical Manufacturing segment reported lower net sales but operating income was relatively flat both year-over-year and sequentially. The decrease in net sales was attributable to the change from a supply agreement to a tolling agreement in Brazil implemented earlier in 2016 (which reduced both net sales and cost of sales with no impact on operating profit).  We note that the results include net sales and operating profit related to the non-cash amortization, net of accretion, of a below-market contract obligation that is related to our supply agreements.  These amounts were $9 million, $9 million and $10 million in the fourth quarter of 2016, the fourth quarter of 2015 and the third quarter of 2016, respectively. Income tax expense was $14 million in the fourth quarter of 2016 compared with a benefit of $27 million in the fourth quarter of 2015 and expense of $17 million in the third quarter of 2016.  In the fourth quarter of 2015, we released $19 million of certain remaining U.S. federal and state tax valuation allowances as a result of our anticipated improvement in profitability in the U.S. and additional tax benefits were realized from increased utilization of foreign tax credit carrybacks to 2014 and the use of foreign net operating losses which became available due to a change in a foreign country's tax law.  As a result, our 2015 effective tax rate was 11%.  In 2016, our effective tax rate for the year was significantly increased by the tax treatment of the pension settlement accounting arising from the pension annuity transaction in the first quarter of 2016. For purposes of calculating our Non-GAAP Earnings From Continuing Operations, we have applied a Non-GAAP tax rate of 28%.  The non-GAAP rate reflects adjustments to our U.S. GAAP provision to exclude the tax effects of certain types of income and expense as described in our Non-GAAP Measures policy below. In the first quarter of 2015, we completed an evaluation based upon the forecast for the full year and we estimated our Non-GAAP tax rate to be 28%.  This rate was subject to fluctuations each quarter due to changes in our forecasted operating results of our continuing businesses, changes in the mix of income between U.S. and foreign jurisdictions and discrete items that are recorded in the periods in which they occur.  As 2015 progressed, we revised down our Non-GAAP rate for the inclusion of credits, deductions and return to provision adjustments but excluded those that directly related to the divestiture of Chemtura AgroSolutions.  In the fourth quarter of 2015, the Non-GAAP tax rate was further reduced for additional tax benefits we obtained.  Based on these adjustments to the effective rate, our Non-GAAP tax rate for the full year of 2015 was 13%.  Due to the reduction of the Non-GAAP tax rate from that used for the third quarter ended September 30, 2015, the resulting Non-GAAP tax provision for the fourth quarter of 2015 was lower than the full year rate. If we exclude the benefit of the adjustments to our Non-GAAP rate during 2015 for the items discussed above, our estimated Non-GAAP tax rate in 2015 was 28%.  In the first quarter of 2016, we again estimated our Non-GAAP tax rate at 28%.  Each quarter we evaluated whether this estimate should be revised.  As the 2015 adjustments did not reoccur in 2016, our Non-GAAP tax rate for 2016 remained at 28% during the year and the Non-GAAP tax rate for the full year of 2016 was essentially the same as the 28% estimated rate applied during the year. Cash income taxes paid (net of refunds) for the fourth quarter of 2016, the fourth quarter of 2015 and the third quarter of 2016 were $7 million, $4 million and $13 million, respectively. Copies of this release will be available on the Investor Relations section of our website at www.chemtura.com.  We will host a teleconference to review these results at 9:00 a.m. (EST) on Thursday, February 23, 2017.  Interested parties are asked to dial in approximately 10 minutes prior to the start time.  The call-in number for U.S. based participants is (877) 494-3128 and for all other participants is (404) 665-9523.  The conference ID code is 48493850. Replay of the call will be available for thirty days, starting at 12 p.m. (EST) on Thursday, February 23, 2017.  To access the replay, call toll-free (855) 859-2056, (800) 585-8367, or (404) 537-3406, and enter access code 48493850.  An audio webcast of the call can be accessed via the link below during the time of the call: Chemtura Corporation, with 2016 net sales of $1.7 billion, is a global manufacturer and marketer of specialty chemicals.  Additional information concerning us is available at www.chemtura.com. Certain information presented in this press release and in the attached financial tables includes financial measures that are not calculated or presented in accordance with Generally Accepted Accounting Principles in the United States (“GAAP”). We refer to those financial measures as “Non-GAAP”.  While GAAP provides a prescribed format for presenting financial information, internally we have developed and use other financial metrics and measures to make resource allocation decisions, evaluate our underlying performance, compare that performance to peer companies, identify operating trends, determine performance-based compensation, and, among other factors, predict future performance and cash inflows and outflows.  Understanding the Non-GAAP financial measures we use to manage our business and resources provides our investors with insights that cannot be obtained by a review of the GAAP based measures alone.  Many of the Non-GAAP financial measures we use in managing our business can be calculated by investors and other users of our financial statements; however, we provide this information to the public to ensure there are not multiple interpretations of the calculation of any such measure.  To assist our investors in understanding the differences between our GAAP and Non-GAAP measures, we have provided a reconciliation between these presentations in the attached financial tables. Our Non-GAAP Financial Metrics and policies are posted on our website at www.Chemtura.com so that they can be easily referenced by our investors. We use each of the following Non-GAAP measures to provide investors and other users of our financial statements with additional information to aid their understanding of our primary business performance trends as well as our current and future potential cash inflows and outflows: Non-GAAP Net Sales - Included in our presentation of GAAP Net Sales is the revenue accretion and amortization of a below market contract liability related to the supply agreements resulting from the sale of our Chemtura AgroSolutions business.  We excluded these revenues as the accretion and amortization do not generate current or future cash flows. We also exclude the benefit of this accretion and amortization in computing Non-GAAP profitability measures. Non-GAAP Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) -  EBITDA is a financial measure frequently used by investors and others to understand a company’s profitability as well as its ability to meet debt service obligations, make investments and compare performance and valuation to other companies.  This measure excludes cash and non-cash income or charges that exist in a company’s GAAP presentation that do not necessarily represent current or future cash inflows or outflows of business operations.  For example, depreciation and amortization are charges that reduce a company’s net income, but reflect a historic rather than current use of cash and share-based compensation expense is a charge where there is no current use of cash.  This pre-tax measure also excludes interest expense as well as other miscellaneous income and expense, such as realized and unrealized foreign exchange gains and loss, that we have concluded are not representative of current performance of our operating businesses.  Our calculation begins with GAAP Net Earnings (Loss) from which we exclude GAAP income tax expense or benefit, GAAP interest expense, GAAP depreciation and amortization, GAAP other income or expense, the non-cash share-based compensation expense and certain other income and charges as listed in the description of our Non-GAAP policy below.  It is also one of the performance measures used to determine the amount, if any, of a payout under our management incentive plans. Non-GAAP Earnings (Loss) from Continuing Operations Before Income Taxes - As defined by GAAP, Earnings (Loss) from Continuing Operations Before Tax is a sub-total that provides information regarding an entity’s results of continuing operations excluding any amounts related specifically to income taxes.  It is calculated by taking Net Earnings (Loss) and excluding any income or loss associated with discontinued operations and any income tax expense.  To calculate Non-GAAP Earnings (Loss) from Continuing Operations Before Income Taxes, we start with GAAP Net Earnings (Loss) and exclude any results related to discontinued operations, income tax expense and certain other income and charges as listed in the description of our Non-GAAP policy below.  This sub-total is necessary when computing income tax expense on an interim basis (as described below) for both GAAP and Non-GAAP purposes. Non-GAAP Income Tax Expense / Benefit - The calculation of our GAAP income tax expense or benefit in any interim period is based upon an estimate of our effective tax rate for the annual period multiplied by our interim GAAP Earnings (Loss) from Continuing Operations Before Income Taxes, adjusted for discrete items if required.  The calculation of our Non-GAAP Income Tax Expense is based on the same principles as our GAAP income tax expense; however, we exclude from the calculation any tax associated with items that have been excluded, or are projected to be excluded during the calendar year, in our Non-GAAP Earnings (Loss) from Continuing Operations Before Income Taxes, which are listed in the description of our Non-GAAP policy below.  We also exclude certain tax benefits and expenses as described in our Non-GAAP policy below.  Application of the GAAP tax rate to our Non-GAAP Earnings (Loss) from Continuing Operations Before Income Taxes would render an income tax expense that does not correctly reflect the tax associated with the pre-tax adjustments we make in our Non-GAAP performance measures.  The computation of an effective tax rate reflecting the tax effect of our pre-tax Non-GAAP adjustments permits the calculation of after tax Non-GAAP performance measures and provides additional insights as to the underlying global tax rate for our primary business operations.  At the end of the calendar year, we prepare a tax provision based on Non-GAAP Earnings (Loss) from Continuing Operations Before Income Taxes, excluding certain tax benefits and expenses as described in our Non-GAAP policy below, in order to compute Non-GAAP Earnings (Loss) from Continuing Operations (defined below) for the fourth quarter and calendar year. Non-GAAP Earnings (Loss) from Continuing Operations -  This measure is determined by applying the Non-GAAP Effective Tax Rate for interim periods, or for the calendar year, a tax provision, to our Non-GAAP Earnings (Loss) from Continuing Operations Before Income Taxes and reducing the Non-GAAP Earnings (Loss) from Continuing Operations Before Income Taxes by that amount.  The resulting measure is termed Non-GAAP Earnings (Loss) from Continuing Operations.  This metric is intended to provide users of the financial statements with an after tax profitability measure consistent with our pre-tax Non-GAAP measure and is required to compute Non-GAAP Earnings (Loss) Per Share from Continuing Operations. Non-GAAP Earnings (Loss) Per Share from Continuing Operations - To calculate this Non-GAAP measure, we divide our Basic and Diluted Weighted Average Shares into our Non-GAAP Earnings (Loss) from Continuing Operations.  To determine our Basic and Diluted Weighted Average Shares, we utilize GAAP principles under both presentations.  In many periods, the GAAP and Non-GAAP Basis and Weighted Average Shares are the same; however, should either the GAAP or Non-GAAP Earnings (Loss) from Continuing Operations be anti-dilutive, the Diluted Weighted Averages Shares may differ between the two presentations.  This measure is used as one of the criteria to determine the amount, if any, of a payout under our management incentive plans. Free Cash Flow - We define Free Cash Flow as Net Cash Provided by (Used in) Operating Activities less GAAP capital expenditures and investments in intangible assets as presented in our GAAP Consolidated Statement of Cash Flows.  It is intended to provide users of our financial statements an indication of cash flows that are generated by or used in our primary business operations alone.  We caution investors that this measure excludes Net Cash Provided by (Used in) Financing Activities that can include mandatory debt service obligations.  It will also exclude investments such as acquisitions or cash proceeds from divestitures.  It includes cash contributions to pension plans and post-retirement benefit obligations as these are included in Net Cash Provided by (Used in) Operating Activities.  This measure therefore cannot be used to understand changes in cash or in total indebtedness in any reporting period. Net Debt - The term Net Debt is a Non-GAAP measure that is calculated from information in our GAAP presentation.  We add Short-term Borrowings and Long-term Debt (combined “Total Debt”) less Cash and cash equivalents, all as presented on our Condensed Consolidated Balance Sheet. This metric provides users of our financial statements a view of our indebtedness were we to use all our cash and cash equivalents on hand to repay debt. To ensure consistency in the presentation of these Non-GAAP measures, we have developed an internal accounting policy which specifies what types of income or expense are considered to be adjustments to our GAAP financial results and metrics.  In practice, this policy is reviewed annually and approved by our Disclosure Committee and the Audit Committee of our Board of Directors.  Our Non-GAAP financial measures have not changed from the prior year, although in some years we do not have certain transactions. In accordance with our Non-GAAP accounting policy, we adjust our pre-tax GAAP information for the following items: Although we utilize Non-GAAP financial measures internally to monitor and analyze our performance, determine compensation under our management incentive plans and predict future performance, investors should not consider them to be a substitute for financial measures prepared in accordance with GAAP.  In addition, these Non-GAAP financial measures may be calculated differently from similarly titled Non-GAAP financial measures utilized by other companies and, therefore, should not be used in a comparison of our performance relative to other companies without further review of how others calculate these measures. This earnings press release contains forward-looking statements based on management’s current expectations, estimates and projections.  All statements that address expectations or projections about the future, including our actions that will drive earnings growth, demand for our products and expectations for growth, are forward-looking statements.  These statements are not guarantees of future performance and are subject to risks, uncertainties, potentially inaccurate assumptions and other factors, some of which are beyond our control and difficult to predict.  If known or unknown risks materialize, or should underlying assumptions prove inaccurate, our actual results could differ materially from past results and from those expressed in forward-looking statements.  Important factors that could cause our results to differ materially from those expressed in forward-looking statements include, but are not limited to, economic, business, competitive, political, regulatory, legal and governmental conditions in the countries and regions in which we operate.  These factors and others are discussed more fully in the reports we file with the Securities and Exchange Commission, particularly our latest annual report on Form 10-K.  We assume no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws.


News Article | February 1, 2017
Site: globenewswire.com

PHILADELPHIA, Feb. 01, 2017 (GLOBE NEWSWIRE) -- Chemtura Corporation (NYSE:CHMT) (Euronext Paris:CHMT) today announced that at a special meeting of stockholders held today, Chemtura stockholders voted to approve and adopt the previously announced merger agreement under which LANXESS Deutschland GmbH, a wholly owned subsidiary of LANXESS AG (FRA:LXS), will acquire all of the outstanding shares of Chemtura common stock for $33.50 per share in cash, without interest.  Approximately 99.88% percent of the votes cast at the special meeting were in favor of the approval and adoption of the merger agreement, representing approximately 81.77% percent of Chemtura’s outstanding common stock as of December 23, 2016, the record date for the special meeting. Craig A. Rogerson, President and Chief Executive Officer of Chemtura and Chairman of the Chemtura Board of Directors, said, “We are pleased that our stockholders recognize the immediate and substantial value of this compelling transaction.  We thank our stockholders for their support and look forward to a bright future ahead as part of LANXESS.” Subject to satisfaction or waiver of the remaining customary closing conditions in the merger agreement, the transaction is expected to close in mid-2017, at which time Chemtura will cease to be traded on the NYSE and Euronext Paris. About Chemtura Chemtura Corporation, with 2015 sales of $1.7 billion, is a global manufacturer and marketer of specialty chemicals. Additional information concerning Chemtura is available at www.chemtura.com.

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