Great Lakes increases bromine price in Asia Pacific

The company has increased the price by 10%

BS B2B Bureau Philadelphia, USA
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Last Updated : Aug 07 2014 | 5:50 PM IST

Great Lakes Solutions, a business of Chemtura Corporation, on August 4, 2014 announced that it has increased its price for elemental bromine in the Asia Pacific region by up to 20% with immediate effect, or as contracts allowed. “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,” said the company in a press release.
 
Great Lakes Solutions is one of the world's leading manufacturers of bromine and bromine intermediates.

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First Published: Aug 06 2014 | 5:48 PM IST

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