Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
McDaniel Gregory E
  2. Issuer Name and Ticker or Trading Symbol
Chemtura CORP [CEM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP Strategy & New Bus. Dev.
(Last)
(First)
(Middle)
199 BENSON ROAD
3. Date of Earliest Transaction (Month/Day/Year)
01/31/2007
(Street)

MIDDLEBURY, CT 06749
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/31/2007   J(1)   2,743 A $ 11.35 2,743 D  
Common Stock 02/01/2007   J(2)   3,079 A $ 11.675 5,822 D  
Common Stock               3,849.7039 I ESPP
Common Stock               10,000 I Restricted Stock Account
Common Stock 02/01/2007   J(3)   4,668 D $ 11.675 7,011 I Restricted Stock Account I
Common Stock               8,300 I Restricted Stock Account II
Common Stock 01/31/2007   J(4)   4,400 D $ 11.35 4,400 I Restricted Stock Account: Merger Integration Grants
Common Stock               8,038 I Savings Plan (401K) Trust
Common Stock               11,239 I Supplemental Savings Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
NQ Stock Option (Right to Buy) $ 10.75             03/06/2007 04/05/2016 Common Stock 25,000   25,000 D  
NQ Stock Option (Right to Buy) $ 11.24             11/23/2005 11/22/2014 Common Stock 35,000   35,000 D  
NQ Stock Option (Right to Buy) $ 12.46             01/31/2007 02/29/2016 Common Stock 26,400   26,400 D  
NQ Stock Option (Right to Buy) $ 12.92             02/23/2006 03/22/2015 Common Stock 34,000   34,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
McDaniel Gregory E
199 BENSON ROAD
MIDDLEBURY, CT 06749
      SVP Strategy & New Bus. Dev.  

Signatures

 Gregory E. McDaniel   02/02/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Direct holdings increased by 2,743 shares transferred from Restricted Stock Account: Merger Integration Grants.
(2) Direct holdings increased by 3,079 shares transferred from Restricted Stock Account I.
(4) 4,400 shares were distributed to the reporting person in connection with the merger integration grants from Restricted Stock Account: Merger Integration Grants, of which 1,657 shares were withheld to satisfy tax withholding requirements.
(3) 4,668 shares were distributed to the reporting person in connection with the 2005-2007 Long Term Incentive Plan from Restricted Stock Account I, of which 1,589 shares were withheld to satisfy tax withholding requirements.

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