Huntsman to Collaborate with Indian Firm for Specialty Chemicals

Huntsman says it has signed a letter of intent with Laffans Petrochemicals (Mumbai), pursuant to which the companies intend to finalize a collaboration agreement to share know-how, expertise and resources for specialty chemicals. The two companies plan to leverage each other’s capabilities and resources for surfactants and amines manufacturing in India, Huntsman says. Laffans, which has annual revenues of over $50 million, produces glycol ethers and its acetates, ethanol amines, phenoxyethanol, theic, brake fluids and speciality ethoxylates at Panoli...

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