Chemtura agrochemical sales down 16% in Q1 2016

Chemtura Corporation was a global corporation headquartered in Philadelphia, Pennsylvania, with its other principal executive office in Middlebury, Connecticut. Merged into Lanxess in 2017, the company focused on specialty chemicals for various industrial sectors, and these were transportation, energy, and electronics. Chemtura operated manufacturing plants in 11 countries. Its primary markets were industrial manufacturing customers. The corporation employed approximately 2500 people for research, manufacturing, logistics, sales and administration. Operations were located in North America, Latin America, Europe and Asia. In addition, the company had 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. On April 21, 2017, Chemtura was acquired by the German chemical company Lanxess.

LANXESS is a leading specialty chemicals company with sales of EUR 7.7 billion in 2016 and about 19,200 employees in 25 countries. The company is currently represented at 75 production sites worldwide.