TETRA Technologies Inc., the leading supplier of calcium chloride, said Friday its increase of calcium chloride up to $100 per dry short ton due to the current economic environment.

To stem down the cost to produce calcium chloride, TETRA is investing in excess of $100 million in a new manufacturing plant in El Dorado, Arkansas which will produce calcium chloride liquid, calcium chloride flake, sodium chloride, and magnesium hydroxide.

TETRA is an oil and gas Services Company with an integrated calcium chloride and brominated products manufacturing operation that supplies feedstocks to energy markets, as well as other markets.