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Huntsman Retains Textile Effects Business

Names Pigments and Additives spin-off Venator Materials Corporation.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Huntsman Corporation announced that it has decided to retain the Textile Effects business and exclude it from its planned Pigments and Additives spin-off. Strong pricing recovery for titanium dioxide and the identification of business improvement opportunities representing more than $75 million in annual EBITDA are expected to significantly enhance the financial strength of Venator’s business.   Huntsman also announced that the name of its planned spin-off will be Venator Materials Corporation...

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