TETRA Technologies, Inc. recently announced that it has entered into a number of long term agreements with Chemtura Corporation and its affiliates. Among other things, these agreements incorporate the following terms; TETRA will make an investment in Chemtura’s bromine operations and will acquire its bromine requirements from Chemtura’s Arkansas bromine facilities. The cost to TETRA of this bromine is contractually set, and is anticipated to supply all of TETRA’s bromine needs. Chemtura will supply TETRA with tail brine from its Arkansas facilities following bromine extraction. TETRA will utilize this brine as a feedstock and will build a new calcium chloride plant. The new calcium chloride plant will be constructed on land purchased from and adjacent to Chemtura’s Central Bromine Plant, located near El Dorado, Arkansas. The plant will produce liquid and flake calcium chloride. TETRA is currently in discussions with the State of Arkansas regarding the availability of incentives related to the development of this project. The new calcium chloride manufacturing plant will also produce sodium chloride and magnesium hydroxide as co-products.