Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  DICKEY DAVID G
2. Date of Event Requiring Statement (Month/Day/Year)
12/10/2007
3. Issuer Name and Ticker or Trading Symbol
Chemtura CORP [CEM]
(Last)
(First)
(Middle)
199 BENSON ROAD
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Function/Service Officer
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

MIDDLEBURY, CT US 06749
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 969
D
 
Common Stock 3,000 (3)
I
Restricted Stock Account 2006-2008 LTIP
Common Stock 7,100 (4)
I
Restricted Stock Account 2007-2009 LTIP
Common Stock 50,000 (5)
I
Restricted Stock Account I

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
NQ Stock Options (Right to Buy) 03/06/2007 03/06/2016 Common Stock 9,000 (1) $ 10.75 D  
NQ Stock Options (Right to Buy) 02/16/2008 02/16/2017 Common Stock 23,000 (2) $ 12.06 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DICKEY DAVID G
199 BENSON ROAD
MIDDLEBURY, CT US 06749
      Chief Function/Service Officer  

Signatures

David G. Dickey 12/20/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) These Options will vest in three (3) equal annual installments commencing on the Date Exercisable (column 2).
(2) These Options will vest in four (4) equal annual installments commencing on the Date Exercisable (column 2).
(3) These restricted shares (granted 3/6/2006) will vest pursuant to the terms of the 2006-2008 Long-Term Incentive Program.
(4) These restricted shares (granted 2/16/2007) will vest pursuant to the terms of the 2007-2009 Long-Term Incentive Program.
(5) These restricted shares will vest in three (3) equal annual installments commencing on 12/17/2008.

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