in

The world’s second largest producer of titanium dioxide: Huntsman Corporation (HUN) (1970)

Huntsman Materials (Huntsman Advanced Materials Company) Huntsman Corporation (NYSE:HUN) was founded in 1970, headquartered in The Woodlands, Texas, USA, with 15,000 full-time employees, and its affiliates, engaged in organic and inorganic chemical products worldwide Production and sales are the top two titanium dioxide producers in the world.

Huntsman Corporation Logo

Huntsman (HUN):

Huntsman Materials Company is a global chemical group and the world’s largest private chemical company. Through its subsidiaries, it produces and sells various fine chemicals and general chemicals (such as various polyurethanes, high-performance products and pigments, etc.) ) To various industries around the world, including: chemical, plastics, automotive, aviation, footwear, coatings, construction, agriculture, health care, textiles, washing, personal care products, packaging, etc., is BMW , General Electric , Procter & Gamble , United Lihua ( NYSE:UN , NYSE:UL ), Chevron and other suppliers.

Huntsman Corporation is headquartered in The Woodlands, Texas, USA, with offices in Salt Lake City, Utah, and more than 100 processing plants and R&D bases in more than 30 countries around the world, with an annual turnover of more than US$12 billion (2014).

Huntsman material Huntsman (HUN) history:

  • In 1970, Jon Huntsman, Sr. founded Huntsman Container Corporation, the predecessor of Huntsman Corporation;
  • In April 1994, Huntsman Materials acquired Texaco Chemical Company for US$1.06 billion;
  • In 1999, Texaco Inc. sold its last petrochemical products business to Huntsman Materials for 600 million US dollars;
  • In 1999, Huntsman Materials acquired Imperial Chemical Industries, a polyurethane, titanium dioxide, aromatics and petrochemical business company, for US$2.8 billion, making it the third largest petrochemical business company in the United States at that time;
  • In February 2005, Huntsman Corporation IPO, listed on the New York Stock Exchange, stock code: HUN;
  • On October 1, 2014, Huntsman Materials acquired the high-performance additives and titanium dioxide (titanium dioxide, TiO2) business of Rockwood Holdings, Inc., becoming the world’s second largest manufacturer of titanium dioxide, inorganic pigments and industrial coatings;
  • On May 5, 2017, Huntsman announced the spin-off of its titanium dioxide and performance additives business to establish an independent Venator Materials PLC and listed on the New York Stock Exchange.
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all Intels

Biopharmaceutical company: Proteostasis Therapeutics (PTI) (2006)

Fruit processing company: Calavo Growers (CVGW) (1924)