Letter of Intent inked for Tosoh to promote and sell Chemtura's flame retardant in Japan

28-May-15

Chemtura and Tosoh have signed a letter of intent, under which Tosoh will promote and sell Chemtura's Emerald Innovation 1000 flame retardant product to customers in Japan. Under the terms of the agreement, Tosoh will also obtain a license to manufacture the new polymer-based bromine flame retardant using its proprietary production technologies for sale to the customers. In a bid to further expand sales in the domestic market, the company also plans to work on new applications for the product. Completion of the arrangements is subject to satisfaction of both the parties' corporate requirements. Tosoh said it plans to launch sales for the product sometime during 2015. Developed and manufactured by Chemtura, the products have been designed to replace decabromodiphenylether and decabromodiphenylethane in various end-use markets. The companies jointly announced that they propose innovating new technologies and provide better products that increase fire safety in various markets such as electronics, construction and transportation. Chemtura and Tosoh have selected Japan as the ideal region to promote these products as it uses the new technologies. Tosoh associate director and senior general manager Katsumi Mineshige said: "This relationship will be positive for Tosoh, since it gives us access to Chemtura's innovative technologies for brominated flame retardants."