Crompton Corporation (, formerly Crompton and Knowles) was a chemical research, production, sales and distribution company headquartered in
Middlebury, Connecticut. The company produced
specialty chemicals used for polymers, fire suppressants and retardants, pool and spa water purification systems and various other applications. In 2005, Crompton merged with
Great Lakes Chemical Corporation to become
Chemtura.
It was listed on the
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...
under CK ticker symbol.
History
Crompton Corporation traced its origins to 1837 when founder
William Crompton invented a
loom
A loom is a device used to weaving, weave cloth and tapestry. The basic purpose of any loom is to hold the Warp (weaving), warp threads under tension (mechanics), tension to facilitate the interweaving of the weft threads. The precise shape of ...
for weaving patterns in cotton, an innovation that led in the 1840s to the founding of
Crompton Loom Works in
Worcester, Massachusetts
Worcester ( , ) is the List of municipalities in Massachusetts, second-most populous city in the U.S. state of Massachusetts and the list of United States cities by population, 113th most populous city in the United States. Named after Worcester ...
by his son
George Crompton. The company merged in 1879 with rival Knowles Brothers to form the Crompton & Knowles Loom Works.
In 1999, Crompton & Knowles and
Witco Corporation announced an intent to form C & K Witco Corporation.
[ U.S. Securities and Exchange Commission]
May 31, 1999 report
/ref> The merger was completed in 2000.[''PCI'', September 20, 2000] Shortly after the merger, the name of the company was changed to Crompton Corporation.
In 2005, Crompton merged with Great Lakes Chemical Corporation of West Lafayette
West Lafayette ( ) is a city in Wabash Township, Tippecanoe County, Indiana, Wabash and Tippecanoe Township, Tippecanoe County, Indiana, Tippecanoe Townships, Tippecanoe County, Indiana, United States, approximately northwest of the state capit ...
, Indiana
Indiana ( ) is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. It borders Lake Michigan to the northwest, Michigan to the north and northeast, Ohio to the east, the Ohio River and Kentucky to the s ...
, to form Chemtura, headquartered in Philadelphia
Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the Unit ...
.
Crompton's ticker symbol on the New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...
was CK.
References
Notes
Sources
*{{Cite journal, date=September 20, 2000, title=Witco Completes Merger, Sells Oleochemicals Unit, url=https://www.pcimag.com/articles/83303-witco-completes-merger-sells-oleochemicals-unit, journal=Paint & Coatings Industry, access-date=March 18, 2023
Chemical companies of the United States
Companies based in New Haven County, Connecticut
Companies based in Worcester, Massachusetts
Companies established in 1837
Chemical companies disestablished in 2005
Middlebury, Connecticut
1830s establishments in Massachusetts
Chemtura
Companies formerly listed on the New York Stock Exchange