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Stock Market & Financial Investment News

News Breaks
July 2, 2014
08:06 EDTHUNHuntsman and Shanghai Chlor-Alkali to double MDI splitting capacity at plant
Huntsman and Shanghai Chlor-Alkali Chemical announced plans to double the MDI splitting capacity of their joint venture company, Huntsman Polyurethanes Shanghai, at the Shanghai Chemical Industrial Park in Caojing. With the new plant, MDI splitting capacity at the site will increase from 240,000 to 480,000 metric tons per year. Commercial operation is planned to start in 2017. The facility will take MDI precursors and split them to create more differentiated, custom made products for downstream markets.
News For HUN From The Last 14 Days
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October 1, 2014
08:35 EDTHUNHuntsman completes acquisition of Rockwood's additives business
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08:35 EDTHUNRockwood completes sale of titanium dioxide pigments business to Huntsman
Rockwood Holdings (ROC) announced that it completed the previously announced sale of the Titanium Dioxide Pigments and four other non-strategic businesses to Huntsman Corporation (HUN) for an enterprise value of $1.275B, including the assumption of $225M in pension obligations. The Rockwood businesses being sold include Titanium Dioxide Pigments, Color Pigments & Services, Timber Treatment Chemicals, Rubber/Thermoplastics Compounding, and Water Chemistry. Rockwood received net cash proceeds of $950M, which is subject to certain potential post-closing adjustments.
September 30, 2014
18:27 EDTHUNHuntsman gets final EU approval for acquisition of Rockwood's additives business
Huntsman (HUN) announced that it has received final clearance and approval from the European Commission to acquire the Performance Additives and Titanium Dioxide businesses of Rockwood Holdings (ROC). The acquisition is expected to close October 1, 2014.
September 29, 2014
06:17 EDTHUNHuntsman announces 400 Ktes MDI expansion plan for U.S. plant
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September 23, 2014
07:30 EDTHUNUBS to hold a conference
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