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 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.