CHEMTURA NAMES PENINGER VP, GLOBAL CONSUMER INDUSTRY

Chemtura Corporation (NYSE: CEM) has appointed Diana Peninger to Vice President, Global Consumer Industry. She reports directly to Polymer Additives Group President Anne Noonan.

Ms. Peninger is responsible for the new Consumer Products industry, which includes all additives important to products created for consumer markets: for example, additives for film and packaging, textiles, and automotive components. She leads the business’ strategy development, marketing and technology development.

Ms. Peninger’s role is aligned with Chemtura’s new corporate structure, designed to be more customer-focused: closer to the final-product industries to drive value and identify opportunities for both Chemtura and its customers.

Ms. Peninger previously served as Chemtura’s Global Business Director, PVC Additives. Prior to Chemtura, she spent 18 years at Celanese in increasingly responsible positions, most recently as Director, Glass Fiber Business, Emulsion Polymers. She led the development of strategies to improve profitability and to increase the business’ presence in China. Ms. Peninger also successfully integrated a team of 35 sales managers after a $350 million acquisition. She also worked in Strategic Marketing, Engineering and Procurement, in the U.S. and Europe.

Ms. Peninger earned a Bachelor of Science in Chemical Engineering from the South Dakota School of Mines and Technology.

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