ADVERTISEMENT
2 /3 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Air Products, Huntsman complete sales

by Alexander H. Tullo
January 9, 2017 | APPEARED IN VOLUME 95, ISSUE 2

Air Products & Chemicals has completed the $3.8 billion sale of its performance materials division to Evonik Industries (see page 18). The business, which had sales of about $1.1 billion in 2015, makes epoxy curing agents, polyurethane additives, and specialty surfactants. The sale completes Air Products’ effort to exit chemicals and focus on industrial gases. It spun off its electronics materials business as Versum Materials last October. Separately, Huntsman Corp. has completed the sale of its European surfactants business to Innospec for $225 million. Huntsman says it remains committed to the surfactants business in the U.S. and Australia.

X

Article:

This article has been sent to the following recipient:

Leave A Comment

*Required to comment