Monday, January 16, 2012: 03:31:19 PM

Huntsman Announces Acquisition of Turkish Polyurethanes Systems House

Huntsman Corporation announced that it has acquired EMA Kimya Sistemleri Sanayi ve Ticaret A.S., a polyurethanes systems house in Istanbul, Turkey.  The EMA systems house has the capacity to manufacture polyester polyols and blend MDI polyurethane systems used primarily in the insulation, automotive, adhesives, coatings, elastomers and furniture industries. 

Commenting on the sale, Anthony P. Hankins, President of the Polyurethanes division, said: ‘We are pleased with the acquisition of EMA.  This acquisition is part of our global strategy to strengthen our presence in key growth markets.  In 2010, MDI polyurethane systems in Turkey grew at a rate of 13-15%.  We look forward to leveraging this demand and providing a broader product offering to customers in this region.’

Rate me....
Mail this article Mail this article Print this article Print this article

Contribute/ Share your Opinion

More

Page 1 of 10




Search

Keywords:
Sections:

Magazine Issues

Events

logo
About Us | Contact us | Advertise with us | Terms of use | Privacy Policy
Other Times Group Sites: