Huntsman to Buy Remaining 50% Stake In Sasol-Huntsman MA Joint Venture

摘要

Essen-Huntsman Corp.has signed a definitive agreement with Sasol to purchase the 50% interest that it does not own in the Sasol-Huntsman maleic anhydride(MA)joint venture for $92.5-million.The transaction,subject to regulatory approvals and customary closing conditions,is anticipated to close in the fourth quarter of this year.Sasol-Huntsman owns a 230-million-lb/yr MA manufacturing facility in Moers,Germany.