Chemtura Corp signs long-term contract with Odyssey Logistics

June 7, 2010
Odyssey Logistics & Technology Corp (OL&T) has entered into a new long-term contract with Chemtura Corp, a global specialty chemicals company based in Philadelphia PA

Odyssey Logistics & Technology Corp (OL&T) has entered into a new long-term contract with Chemtura Corp, a global specialty chemicals company based in Philadelphia PA. OL&T is a global logistics and transportation service provider for chemical and process industries.

For Chemtura, OL&T manages transportation and logistics activities within North America in these modes: package truck, bulk truck, rail, and air. OL&T also manages negotiations of all ocean export shipments out of North America. It currently has a similar contract to provide these services to Chemtura affiliates in Europe, the Middle East, and Africa.

Chemtura was formed in 2005 with the merger of Crompton Corp and Great Lakes Chemical Corp.

During its initial engagement with OL&T, Chemtura became integrated with the Odyssey Global Logistics Platform, a patented technology infrastructure that provides a single, integrated transportation management system. Initially, this enabled Chemtura to combine three separate ERP systems into one single portal provided by OL&T. In January 2010, Chemtura transitioned to a companywide single ERP system, and over the past three years, the company has achieved improved logistics performance while reducing costs.

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