Stamford, CT, October 30, 2006 - Hamilton Robinson LLC ("HRCo") is pleased to announce the recapitalization of Davis-Standard LLC. The recapitalization facilitated the sale of interests by Chemtura Corporation (NYSE: CEM) and other minority investors to management and D-S Partners L.P., a newly organized investment group that includes HRCo management, institutional and individual investors, and family offices.

Davis-Standard LLC, headquartered in Pawcatuck, CT., had revenues for the fiscal year ended September 30, 2006 of approximately $250 million and was classified in Chemtura's financials as an equity investment. The recapitalization supports Davis-Standard's strategy to grow its global converting and extrusion systems businesses, and completes Chemtura Corporation's process of divesting a non-core business to focus on their core specialty chemical business. Chemtura had owned the majority interest in Davis-Standard since 1961.

Charles Buckley, President of Davis-Standard LLC, noted "Chemtura has been an excellent partner. We especially appreciate the support and counsel of Bob Wood, Chemtura's Chairman and CEO as well as the guidance and advice of senior Chemtura executives, Greg McDaniel and Arthur Wienslaw, who served ably on the Davis-Standard Board of Directors."

The acquired company was formed eighteen months ago through the contribution to a new joint venture of two businesses: the Davis-Standard division of Chemtura and the Black Clawson Converting Machinery business owned by HRCo, Main Street Resources and the management of Black Clawson. "By any measure, the integration of these two companies has been a tremendous success and has paved the way for this transaction," said Buckley.

Management's outlook remains extremely positive as they continue executing strategies to reduce lead times, win market share and expand the business globally in support of existing and new customers. The new organization will continue to be led by the existing Davis-Standard management team. Dozens of Davis-Standard managers have a substantial ongoing equity ownership position in the business. The Company's enviable financial strength will be preserved under the new capital structure.

About Chemtura Corporation

Chemtura Corporation, with pro forma 2005 sales of $3.9 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.

About Davis-Standard LLC

Davis-Standard LLC has facilities in Pawcatuck, CT., Somerville, NJ, Fulton, NY, Erkrath, Germany, and West Midlands, UK. Davis-Standard is a global leader in the design, development and manufacturing of extrusion systems, feedscrews, barrels, and process controls for the flexible web converting, plastics processing and rubber industries. For more information, visit www.davis-standard.com.

About Hamilton Robinson LLC

Hamilton Robinson LLC is a leading middle-market private equity investor which since 1984 has successfully backed independent management teams in manufacturing, service, and media businesses throughout North America and Europe. For more information, visit www.hrco.com.