Huntsman Acquires Polyols Maker Oxid | Chemical & Engineering News
Volume 91 Issue 28 | p. 14 | Concentrates
Issue Date: July 15, 2013

Huntsman Acquires Polyols Maker Oxid

Department: Business
Keywords: polyols, M&A, isocyanates

Huntsman Corp. has agreed to purchase polyester polyols maker Oxid for an undisclosed sum. Polyols are combined with methylene diphenyl diisocyanate, which Huntsman already supplies, to make polyurethanes used in insulation and other applications. Oxid operates a plant in Houston and generated $86 million in sales in 2012. The deal is expected to be completed within the next several months.

 
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