Lanxess plans to acquire Chemtura

Lanxess reaches the next milestone on its growth path: The speciality chemicals company announced plans to acquire US-based Chemtura Corporation, one of the major global providers of high-quality flame retardant and lubricant additives. With the largest acquisition in its history, Lanxess is building on its own additives portfolio and will become one of the world’s major actors in this growing market.

The companies have signed a definitive acquisition agreement.