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Chemtura to acquire bromine assets of Solaris ChemTech Industries Ltd.

Chemtura has entered into a definitive agreement to acquire the bromine assets of Solaris ChemTech Industries Limited, India's leading manufacturer of bromine and bromine derivatives. The acquisition includes two manufacturing facilities, a well-established R&D center and a multi-products facility in the State of Gujarat. The new subsidiary will be headquartered in New Delhi. The parties expect to close by the end of 2012.