Chemtura (CHMT) Reports In-Line Q2 EPS

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Chemtura Reports Second Quarter 2015 Financial Results

July 29, 2015 4:33 PM EDT

Second Quarter 2015 GAAP earnings from continuing operations of $0.26 per diluted share and managed basis earnings from continuing operations of $0.29 per diluted shareCore Segments deliver year-over-year improvement of $18 million in operating income on a GAAP basis and $7 million on a managed basisIndustrial Performance Products has record quarter for operating incomeSold 2 million shares of Platform Specialty Products common stock for net proceeds of $54 millionRepaid $42 million of Term Loan due 2016

PHILADELPHIA, July 29, 2015 (GLOBE NEWSWIRE) -- Chemtura Corporation, (NYSE: CHMT) (Euronext Paris: CHMT) (the Company, Chemtura, We, Us or Our) today announced... More