Ads
related to: great lakes chemical company
Search results
Results From The WOW.Com Content Network
Great Lakes Chemical Company was founded in Michigan in 1936 to extract bromine from underground salt water brine deposits. It was acquired by McClanahan Oil in 1948 and rechristened Great Lakes Oil and Chemical Company, but by 1960 the company had moved away from oil and gas, instead focusing on the research and production of bromine-based chemicals.
In 1996, Uniroyal Chemical Corporation went public and merged with Crompton & Knowles. In 1999, Crompton & Knowles merged with Witco Corporation to form Crompton Corporation. In 2005, Crompton acquired Great Lakes Chemical Company, Inc., of West Lafayette, Indiana, to form Chemtura Corporation.
The company was then purchased in 1996 by Great Lakes Chemical Corporation which became Chemtura in a merger with Crompton Corporation. [3] After Chemtura's bankruptcy, the company was acquired by Canadian company KiK consumer products, in January 2014, for a sum of 300 million. [2] [4] In 2003, the company's headquarters moved to Lawrenceville ...
The company produced specialty chemicals used for polymers, fire suppressants and retardants, pool and spa water purification systems and various other applications. In 2005, Crompton merged with Great Lakes Chemical Corporation to become Chemtura. It was listed on the New York Stock Exchange under CK ticker symbol.
The company would purchase the coke from coal companies and reprocess it into clean carbon which was used to produce aluminum. By 1929, Skakel had become a multi-millionaire. [5] The business eventually grew into The Great Lakes Carbon Corporation, which became one of the largest privately held corporations in the United States.
Chemical companies in the United States that utilize natural gas liquids, or NGLs, as feedstock to create their products have been experiencing tremendous margin growth over the past couple of years.