Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL 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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1. Name and Address of Reporting Person *
WOOD ROBERT L
 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)
President and CEO
(Last)
(First)
(Middle)

199 BENSON ROAD		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2006
(Street)


MIDDLEBURY, CT 06749		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Reporting
(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 at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock             215,781 D  
Common Stock 01/19/2007   A 1,381 A $ 0 68,172 (1) I Restricted Stock Account I
Common Stock 01/19/2007   A 1,417 A $ 0 69,920 (2) I Restricted Stock Account II
Common Stock 01/19/2007   A 2,074 A $ 0 103,346 (3) I Restricted Stock Account III
Common Stock             110,000 I Restricted Stock Account IV
Common Stock 01/19/2007   A 58 A $ 0 2,294 (4) I Savings Plan (401K) Trust
Common Stock 01/19/2007   A 251 A $ 0 12,459 (5) I Supplemental Savings Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

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 at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
NQ Rights Option $ 12.92           02/23/2006 03/22/2015 Common Stock
300,000
  300,000
D
 
NQ Stock Option (Right to Buy) $ 7.64           01/20/2005 02/19/2014 Common Stock
500,000
  500,000
D
 
NQ Stock Option (Right to Buy) $ 10.75           03/06/2007 04/05/2016 Common Stock
550,000
  550,000
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
WOOD ROBERT L
199 BENSON ROAD
MIDDLEBURY, CT 06749		       President and CEO  

Signatures

Robert L. Wood 01/22/2007
**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) These shares were acquired during the fiscal year through reinvestment of dividends paid of shares in this fund.
(4) These shares were acquired during the fiscal year through reinvestment of dividends paid on shares in the Registrant's Savings Plan (401K) Trust.
(3) These shares were acquired during the fiscal year through reinvestment of dividends paid of shares in this fund.
(5) These shares were acquired during the fiscal year through reinvestment of dividends paid on the shares in the Supplemental Savings Plan.
(2) These shares were acquired during the fiscal year through reinvestment of dividends paid of shares in this fund.

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