Wilmar to Purchase Huntsman’s Surfactants Business
Huntsman Corp. and Wilmar International Ltd. recently announced that Wilmar’s wholly owned subsidiary, Wilmar Europe Holdings B.V., has agreed to purchase Huntsman’s European commodity surfactants business. Under the terms of agreement, Huntsman plans to sell to Wilmar its ethoxylation facility in Lavera, France. In addition, Wilmar will enter into a multi-year arrangement to purchase sulphated surfactant products from Huntsman’s facilities in St. Mihiel, France, and Castiglione delle Stiviere, Italy.
Separately, Huntsman has also announced its intention to cease production at its Patrica, Italy, commodity surfactants facility by October.