Chemtura

Chemtura Corporation

Type	Public
Traded as	: CHMT
Industry	Chemicals, manufacturing
Founded	2005, Merger between Great Lakes Chemical Corporation and Crompton
Headquarters	Philadelphia, U.S.
Area served	Worldwide
Key people	Craig A. Rogerson (Chairman, CEO & President)
Number of employees	2500 (2015)
Website	Chemtura.com

Chemtura Corporation is a global corporation headquartered in Philadelphia, Pennsylvania, with its other principal executive office in Middlebury, Connecticut. The company focuses on specialty chemicals for various industrial sectors, and these are transportation (including automotive), energy, and electronics. Chemtura operates manufacturing plants in 11 countries. Its primary markets are industrial manufacturing customers. The corporation employs approximately 2500 people for research, manufacturing, logistics, sales and administration. Operations are located in North America, Latin America, Europe and Asia. In addition, the company has significant joint ventures primarily in the United States. For the year ended December 31, 2015, the company's global core segment revenue was $1.61 billion.Chief executive officer is Craig A. Rogerson who is also the president and chairman of the board of Chemtura Corporation.

Chemtura Corporation is the successor to Crompton & Knowles Corporation, which was incorporated in Massachusetts in 1900 and engaged in the manufacture and sale of specialty chemicals beginning in 1954. Crompton & Knowles traces its roots to Crompton Loom Works incorporated in the 1840s.

In the late 1800s, Worcester, Massachusetts was a leading manufacturing center that attracted inventors and manufacturers. Both William Crompton and Lucius J. Knowles made the city their home and opened their respective loom companies there. Both were the top loom manufacturers in the world. However each company based the method of weaving on a different premise. The companies later merged (in 1879), becoming one entity known as "Crompton & Knowles Loom Works". Still supplying the world market, the new company now applied both theories of weaving.