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Huntsman Acquires Laffans Petrochemicals

April 15, 2011
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Huntsman Corp. recently announced that it has completed its acquisition of Indian chemical producer Laffans Petrochemicals Ltd. In addition, it has taken ownership of the manufacturer’s 60 kt ethylene oxide derivatives facility in Ankleshwar, Gujarat. The purpose-built plant produces specialty intermediates for use in agrochemicals, household and personal care products, oil and gas applications, and automotive lubricants and brake fluids.

“This acquisition is a continuation of our strategy to build our Asian business. We look forward to integrating this business and further expanding our Indian business,” said Peter R. Huntsman, president and CEO of Huntsman Corp.

For more information, visit www.huntsman.com or www.laffanspetrochemicals.com.

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