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News (16)

Huntsman Corp. Founder Dies at Age 80

Jon Huntsman, founder of specialty chemical firm Huntsman Corporation, died Feb. 2 at the age of 80, passing peacefully at his Salt Lake City home surrounded by family, according to the comp...

Saudi Firm Buys Clariant Stake from Activist Fund

Chemical firm Saudi Basic Industries Corp recently purchased a 25 percent stake in specialty chemicals firm Clariant (Muttens, Switzerland), effectively ending the company’s fight with activ...

Clariant Spars with Shareholders

Specialty chemicals firm Clariant released multiple statements on Friday, detailing the fallout of the terminated merger with Huntsman Corporation, and highlighting a meeting with activist s...

Huntsman-Clariant Deal Scuttled

Chemical giants Huntsman Corporation and Clariant announced Friday that they will not continue to pursue their $20 billion merger plan, after receiving pressure from activist investors who e...

Funds Increase Stake in Clariant, Target Merger

A holding company seeking to prevent the pending merger between specialty chemical companies Clariant and Huntsman International LLC has increased its stake in the Swiss company, but Clarian...

Huntsman TiO2 Spinoff Launches IPO

Global chemical firm Huntsman International LLC announced last week that subsidiary company Venator Materials PLC has launched its initial public offering and will be listed on the New York ...

Hedge Fund Questions Chemical Merger

The pending merger between chemical firms Huntsman International LLC (The Woodlands, Texas) and Clariant (Muttenz, Switzerland) is being questioned by shareholders of the Swiss company.

Huntsman, Clariant Announce $20B Merger

Global chemical companies Huntsman Corporation and Clariant announced Monday that they plan to merge into one company, with predicted annual sales of more than $13 billion.

Huntsman Acquires UK Polyurethane Firm

Chemical firm Huntsman Corporation has completed the acquisition of IFS Chemicals Limited, a U.K.-based formulator of polyurethane products, including marine coatings and pipeline protection...

Curing Agents Made for Low Temperatures

Huntsman Advanced Materials of Switzerland, a division of Huntsman Corporation (The Woodlands, Texas) recently launched three low temperature curing agents, used for heavy-duty industrial co...

Huntsman Spinoff to Focus on TiO2

American chemical manufacturer Huntsman Corporation has announced it is moving forward with plans to spin off its Pigments & Additives business and create a new publicly traded company.

Chemical Giants Face $90B Suit

Four major chemical manufacturers are facing a $90 billion lawsuit in which a large U.S. law firm claims they concealed information about dangerous substances from the American government.

‘World-Class’ Pigments Plant Launches

A color pigments facility, described as a showcase for world-class pigments manufacturing technology, is starting operations in the southeast United States, according to multinational consum...

Huntsman Sheds Pigment Jobs, Plans

A year after announcing major expansion of its global pigment business, Huntsman Corp. is making sharp course corrections, with new plans for hundreds of layoffs and cuts in production capac...

Huntsman Makes Major Play for TiO2

Setting its sights on becoming the No. 2 global producer of titanium dioxide pigments, Huntsman Corp. has announced a $1.1 billion cash acquisition of certain business units of Rockwood Hold...

DuPont to Pay $72M in Price-Fixing Case

DuPont, the world’s largest producer of titanium dioxide, has agreed to pay $72 million in cash to settle allegations by several paint companies that it fixed prices for the common paint pig...


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