02 August 2012 16:25 [Source: ICIS news]
HOUSTON (ICIS)--Chemtura rejects allegations by US media that flame retardants, including a Chemtura product, are not effective, the CEO of the US-based specialty chemicals firm said on Thursday.
“[This media coverage] is concerning to me, because it’s not true, and that bothers me,” Craig Rogerson said during Chemtura’s second-quarter earnings call.
He was responding to an analyst who asked about recent reports in the Chicago Tribune that alleged that flame retardants are ineffective and pose a health risk to humans, especially children.
Rogerson said it was hard for Chemtura to fight those allegations in the press. However, the company had the opportunity to present its position at a congressional hearing last week, he said.
Rogerson added that “clearly, there’s every indication and evidence” that US state fire standards requiring use of flame retardants has reduced the number of deaths by fire.
Chemtura supplies a flame retardant, used in furniture, that has undergone intensive testing, he said. The product accounts for only a relatively small part of the company's overall business, he added.
Additional reporting by Joe Kamalick
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