Chemtura to stop HBCD flame retardant production

The company has cited increased regulatory restrictions on the use of hexabromocyclododecane (HBCD) based flame retardants as one of the reasons to discontinue production

Image
BS B2B Bureau Philadelphia, USA
Last Updated : Oct 15 2015 | 5:09 PM IST
The US-based specialty chemicals maker Chemtura Corporation has announced its exit from the manufacture and sale of hexabromocyclododecane (HBCD) based flame retardant products.
 
“Increasing regulatory restrictions on the use of HBCD-based flame retardants and the commercial development of a viable and greener alternative, Chemtura's Emerald Innovation 3000 flame retardant, have resulted in an unsustainable commercial environment for HBCD.  Chemtura will permanently discontinue production of HBCD-based flame retardants during, or prior to, the fourth quarter of 2015. Sales of HBCD will continue until inventories are depleted,” said Chemtura in a press release.
 
Chemtura Corporation, with 2014 sales of $2.2 billion, is one of the leading global manufacturers of specialty chemicals.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 15 2015 | 5:06 PM IST

Next Story