Huntsman Family Buys Perchlorate Producer | Chemical & Engineering News
Volume 93 Issue 46 | p. 14 | Concentrates
Issue Date: November 23, 2015

Huntsman Family Buys Perchlorate Producer

Department: Business
Keywords: ammonium perchlorate, Utah, pharmaceutical chemicals

Huntsman Family Investments, the private investment vehicle for the family of Huntsman Corp. founder Jon M. Huntsman Sr., has agreed to acquire American Pacific’s specialty chemicals business, a maker of ammonium perchlorate used in solid-propellant rockets, from H.I.G. Capital for an undisclosed sum. The business’s main plant is in Utah, where Huntsman is based. H.I.G. acquired American Pacific from public shareholders last year for about $390 million. H.I.G. continues to own American Pacific’s other division, Ampac Fine Chemicals.

 
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