Artek Surfin Chemicals and Aterian Investment Partners Acquire the PVC Additives Business of Chemtura Corporation

By Aterian Investment Partners Lp, PRNE
Thursday, February 25, 2010

NEW YORK, February 26, 2010 - Artek Surfin Chemicals Ltd. and Aterian Investment Partners are pleased
to announce that they have jointly agreed to purchase the PVC additives
business of Chemtura Corporation.

The PVC Additives business, which generated 2008 revenues of US$374
million
, is a leading global producer of additives for numerous PVC and other
polymer applications. The expansive product portfolio includes heat
stabilizers, plasticizers and impact modifiers, under trade names such as
Mark(R), Drapex(R) and Blendex(R). The business has production facilities in
Taft, Louisiana and Lampertheim, Germany with over 250 employees worldwide.

Vishal Goenka, Director of Artek Surfin Chemicals stated, "We are very
pleased in the manner in which the deal has proceeded so far. We see
significant synergies in leveraging our manufacturing expertise and market
channels with those of the North American and European Operations.
Additionally, this deal enhances our ability to service the fast-growing PVC
and polymer markets in Asia and expand our product offering globally."

Michael Fieldstone, Principal of Aterian Investment Partners said, "We
are extremely excited about this transaction. The PVC additives business is a
global leader in its market, with a reputation for manufacturing high
quality, innovative products for over 50 years. We look forward to working
with its adept management team and dedicated employees to leverage these
strong attributes and to build a world class enterprise by providing
exceptional service to its customers."

Artek Surfin Chemicals and its group company Sterling Auxiliaries are one
of the largest specialty chemical companies in India, focusing on the
surfactants, alkyl alkanol amines, textile chemicals, metal finishing and
other specialty chemical sectors. Artek has substantial experience developing
and operating chemical plants and distributing and marketing specialty
chemical products internationally.

Aterian Investment Partners is a private capital firm that invests in
businesses across a range of sectors. The principals of Aterian have
extensive experience acquiring and building world-class businesses in
chemicals and related industrial segments.

Chemtura, with 2008 sales of US$3.5 billion, is a global manufacturer and
marketer of specialty chemicals, crop protection and pool, spa and home care
products. Additional information concerning Chemtura is available at
www.chemtura.com.

Michael Fieldstone, Aterian Investment Partners, Office: +1-212-547-2806, mfieldstone at aterianpartners.com

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