02/01/2012

www.gupta-verlag.de/polyurethanes

Huntsman announces acquisition of Turkish PU systems house

It has the capacity to manufacture polyester polyols and blend MDI PU systems used primarily in the insulation, automotive, adhesives, coatings, elastomers and furniture industries. 2010 revenues were approximately USD 17 million. Commenting on the sale, Anthony P. Hankins, President of Huntsman's 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, Turkey's MDI polyurethane systems 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."

www.gupta-verlag.de/polyurethanes