Huntsman

Clariant BOD approves Executive Committee's proposal to update strategy to further enhance growth and value creation

Posted in: Chemicals 11/24/2017 - 01:19
    MUTTENZ, Switzerland, Nov. 24, 2017 (Press Release) -
  • Clariant's Board of Directors approved the Executive Committee's plan to define a concrete set of measures, including M&A activities, to enhance value creation
  • Clariant will present details on its updated strategy to investors in the beginning of 2018
  • Süd-Chemie legacy shareholders and the majority of institutional shareholders back this approach and support management and the Board of Directors
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Clariant engages in initial discussion with shareholder White Tale post termination of proposed merger with Huntsman

Posted in: Chemicals 10/31/2017 - 09:36
    MUTTENZ, Switzerland, Oct. 30, 2017 (Press Release) -
  • Initial talks held over the weekend
  • Clariant management and White Tale share focus on long-term value creation
  • Further conversations are to be held in the coming weeks
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Clariant provides update on planned merger of equals with Huntsman; closure expected by year-end

08/17/2017 - 07:28
  • MUTTENZ, Switzerland, Aug. 15, 2017 (Press Release) -
  • Not Expected to Delay Merger
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Clariant and Huntsman to combine in merger of equals to create $20 billion global specialty chemical company

05/22/2017 - 06:12
  • MUTTENZ, Switzerland, May 22, 2017 (Press Release) -
  • Merger of equals to create a leading global specialty chemical company with approximately $20 billion enterprise value at announcement
  • More than $3.5 billion value creation through annual cost synergies in excess of $400 million
  • Enhanced returns from improved growth profile in highly attractive end markets and key geographies such as the United States and China
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US-based Huntsman to close white end finishing and packaging operation of its titanium dioxide manufacturing facility in Calais, France

Posted in: Chemicals 03/23/2017 - 05:17

THE WOODLANDS, TX, March 17, 2017 (Press Release) -Huntsman Corporation has today announced a plan to close the white end finishing and packaging operation of its titanium dioxide (TiO2) manufacturing facility based in Calais, France, during the third quarter 2017.

The announced plan follows the 2015 closure of the black end manufacturing operations and would result in the closure of the entire facility. 108 positions on the site will be affected.

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Fire hits Huntsman's titanium dioxide manufacturing facility in Pori, Finland; no injuries reported

Posted in: Chemicals 02/16/2017 - 04:39

THE WOODLANDS, TX, Jan. 31, 2017 (Press Release) -A fire started January 30 at Huntsman Corporation’s (NYSE: HUN) titanium dioxide manufacturing facility in Pori, Finland. All Huntsman associates at the site have been accounted for and there were no injuries. The fire brigade responded quickly and extinguished the fire.

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Huntsman announces price increase for titanium dioxide

Posted in: Chemicals 02/16/2017 - 04:25

THE WOODLANDS, TX, Feb. 9, 2017 (Press Release) -Huntsman Corporation today announced global price increases for all its titanium dioxide pigments.

The following increases are effective April 1, 2017 or as contracts allow.

  • Europe, Africa, Middle East and Latin America: €235 (Euros) per tonne or $250 (USD) per tonne in dollar-based markets
  • Asia-Pacific: $160 (USD) per tonne

The following increase is effective March 1, 2017 or as contracts allow.

  • North America: $0.07 per pound (USD)

About Huntsman:

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EuPIA comments on impact of fire at Huntsman's titanium dioxide fire in Finland on ink manufacturers

Posted in: Chemicals 02/16/2017 - 03:42

BRUSSELS, Feb. 14, 2017 (Press Release) -News has emerged that the Huntsman Corporation’s titanium dioxide manufacturing facility in Pori, Finland suffered a fire on 30thJanuary 2017, stopping production at the site until repairs can be completed.

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