New Delhi, 13th April 2011 : It is that time of the year when spring is in the air and ancient Indian harvest festival of ‘Baisakhi’ is round the corner. Indian farmers would be celebrating the day with rich harvest and festivities, but that’s not all! This Baisakhi Indian agriculture sector is going to see another boost with the coming of global chemicals giant Chemtura Corporation. The US MNC is set to announce business expansion and timely introduction of new products to revolutionize Indian agriculture.
With the Indian population growing at a fast rate, it is said that the country needs another Green Revolution. In this regard also Chemtura may well set a trend to follow. Chemtura Corporation, USA, is one of the world’s largest publicly traded specialty chemical companies and is a leader in several global markets. Chemtura has been delivering successful products to the agricultural sector worldwide and is set to increase its presence in the Indian market. Chemtura will be announcing new products in New Delhi on 13th of April, the day of Baisakhi.
“In Agriculture, our main focus is for enhancing crop quality and increasing yield by providing suitable plant protection novel chemicals. Special attention will be paid on high value crops such as citrus, tea, grapes and cotton. We are looking forward to expand Global distribution channels and extend world class seed treatment expertise to the Indian agriculture sector,” said Mr. Craig A. Rogerson, Global Chairman, President and CEO, Chemtura Corporation.
Chemtura is one of the world’s largest publicly traded specialty chemical companies with more than 4,400 employees worldwide. “We want to increase Asia’s share of global corporate share from 19 % currently to 35 % by 2015. India is a major market to achieve this and we are going to expand our footprints here as per our CEO’s aspiration” said Mr. Bharat K. Pandey, Director, South Asia.
Chemtura is also a leader in Seed Enhancement. The company is active with world’s leading Seed Treatments in India, Bangladesh and Nepal.
Wide Range of products
Chemtura Corporation is not limited to agriculture alone. The chemicals giant has huge presence in major end markets such as agriculture, building & construction, durable goods, electrical & electronics, industrial and transportation. The objective of the Chemtura Corporation is to grow and manage a global portfolio of leading specialty chemical businesses, committed to greener chemistry through innovation which consists of technology driven growth through innovation, differentiation through technology, Investing in sustainable technologies and applications, regional growth through building global scale, Increasing exposure to higher growth regions by expanding global footprint and infrastructure.
Chemtura products in building and construction helping materials to be tougher, lighter, more flexible and resistant decking and piping in construction which includes siding, flooring, wire and cables.
Chemtura additives and lubricants are used widely in automotive, aviation and marine applications. Lubricant additives extend engine life and improve fuel economy. Our antioxidants and UV stabilizers strengthen and improve durability.
Enhancing the quality of many consumer applications of pool plus spa treatment, household cleaners, recreational products, clothing, furniture, carpeting, personal care products are one of our objectives in India.
Electronics division of Chemtura provides flame retardancy and long life protection to consumer and industrial electronics Information technology equipment, TVs, Business equipment, Connectors, relays and switches.
Many industrial applications such as manufacturing (compressors, mining equipment, paper mill manufacturing, industrial wheels, resin processing) drilling/extraction are Chemtura’s core areas.