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Huntsman Acquires Remaining Ownership of Russian Polyurethane JV

9:44 AM MDT | July 3, 2012 | Lindsay Frost

Huntsman has acquired the remaining ownership of its Russian joint venture Huntsman NMG (Obninsk, Russia). The company now has complete ownership of the jv. Financial terms of the deal were not disclosed. Huntsman NMG is a polyurethane system supplier to the adhesives, coatings and footwear markets in Russia, Ukraine and Belarus. “This investment will give us greater access to the high value coatings, adhesives and elastomers markets through an established, state-of-the-art operations platform that will enhance our ability to provide differentiated...

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