Crompton Corp. and Great Lakes Chemical Corp. announced last week that they plan to adopt the name Chemtura Corp. following the completion of their proposed merger. Officials said the name is a combination of the words chemical and future.
Crompton and Great Lakes announced their proposed merger in March. U.S. anti-trust regulators declined to object to the deal, but the companies are still awaiting clearance from European authorities. If approved, the combination would create a $3.7 billion specialty chemical company that is one of the worlds largest suppliers of chemicals to the lubricants industry.