Huntsman weakness a buying opportunity, says UBS UBS said the recent weakness in Huntsman is due to temporary issues at its Port Neches facility and is not fundamental. The company noted that business fundamentals remain solid and the strength picked up in the latter half of Q2 is continuing in Q3. Shares are Buy rated with a $32 price target.
Huntsman 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.