Tuesday, August 07, 2007

Huntsman closes sale of U.S. Polymers Business

Huntsman and Flint Hills Resources, LP, an independent, wholly owned subsidiary of Koch Industries, Inc., have closed on the sale of Huntsman's U.S. Polymers business for approximately US$350 mln. The US$350 million at the closing, includes the estimated value of associated inventory for its U.S. Polymers business, which remains subject to a post-closing adjustment.

For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=10638&P=P

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