Huntsman sold its titanium dioxide performance add
2022-09-25- Detail
Huntsman sold its equity in titanium dioxide and performance additives business for $100million
Huntsman sold its equity in titanium dioxide and performance additives business for $100million
September 4, 2020
on August 28, Huntsman, an American specialty chemical company, announced that it had reached a final agreement with SK capital partners, a private equity investment company, Sell its holding of venetor materi with about US $100million in cash, and we will give customers a more detailed technical introduction ALS equity before the machine arrives. The transaction has yet to be approved by the regulatory authorities and is expected to end at the end of the year
Huntsman said that the capital loss from the sale of Venator shares offset the capital gains from the sale of chemical intermediates and surfactants in January this year, and Huntsman could save about $150million in taxes. Huntsman predicts that the company will receive a total cash income of about US $250million from cleaning, reviewing and repairing the electrical part by the end of the year
according to the data, as early as 1991, enabler materials was originally Huntsman pigments and additives division. After the spin off, it was operated as an independent subsidiary, mainly focusing on titanium dioxide and performance additives
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