Industry News, Mergers and Acquisitions, Suppliers News

Huntsman Completes Acquisition Of Rockwood’s Performance Additives And Titanium Dioxide Businesses

Huntsman paid approximately $1 billion in cash and assumed certain unfunded European pension liabilities

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Huntsman Corporation has completed the acquisition of the Performance Additives and Titanium Dioxide (TiO2) businesses of Rockwood Holdings, Inc.   “The successful completion of this acquisition better positions our company,” said Peter R. Huntsman, president and CEO of Huntsman Corporation said. “It will be immediately accretive to our earnings before synergies of $130 million and provides further optionality for our pigments business. The addition of specialty titanium dioxide and performanc...

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