 Home > Coatings News > Pigment and Filler News > Huntsman sold its stake in its titanium dioxide and performance additive business for $100 million.

Huntsman sold its stake in its titanium dioxide and performance additive business for $100 million.

 Last Update: 2020-10-03
 Source: Internet
 Author: User

Tags

byk additives

dow chemical company

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

On August 28th Huntsman, a US specialty chemicals company, announced that it had reached a final agreement with SK Capital Partners, a private equity firm, to sell its stake in Ventor Materials for about $100m in cash. The deal is subject to regulatory approval and is expected to close by the end of the year.
he said the capital loss from the sale of Ventor's shares offset capital gains from the sale of its chemical intermediates and surfactant business in January, resulting in tax savings of about $150 million . Huntsman expects the company to earn about $250 million in total cash earnings by the end of the year.
, Venator Materials, formerly the Huntsman Pigments and Additives Division, operated as an independent subsidiary after the spin-off, focusing on titanium dioxide and performance additives.
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

Fiber Glass Felt

CAS No.: 65997-17-3

Industrial Grade

$0.5/KG FOB

99.9% Rutile Titanium Dioxide TiO2 CAS 1317-80-2

CAS No.: 1317-80-2

Industrial Grade

$2240/MT FOB

White wood cellulose fiber for insulation mortar

CAS No.:

Cosmetics Grade

$1-1.2/MT FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.