# Huntsman to acquire remaining 50% interest in Sasol-Huntsman joint venture

Huntsman Corp. signed a definitive agreement with Sasol to acquire the 50% interest it does not own in the Sasol-Huntsman maleic anhydride joint venture, which owns a manufacturing facility in Moers, Germany with capacity of 230 million pounds of maleic anhydride.

- Type: Acquisition
- Announced: 2019-06-13
- Where: Moers, Germany, Germany
- Value: $92.5M
- Status: announced
- Capacity: 230 million pounds of maleic anhydride
- Products: maleic anhydride
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Huntsman Corp.](https://endata.com/companies/1591.md) (acquirer)
- [Sasol](https://endata.com/companies/8322.md) (partner)
- [Sasol](https://endata.com/companies/8322.md) (target)
- [Sasol-Huntsman](https://endata.com/companies/39981.md) (target)

## Sources

- [adhesivesmag.com](https://www.adhesivesmag.com/articles/keyword/2317-general-business?page=206), 2019-06-13: "Huntsman Corp. recently announced that it has signed a definitive agreement with Sasol to acquire the 50% interest that Huntsman does not own in the Sasol-Huntsman maleic anhydride joint venture."
- [huntsman.com](https://www.huntsman.com/investors/newsroom/news-releases/detail/413/huntsman-announces-acquisition-of-remaining-50-interest-in), 2019-07-26: "Acquiring the remaining interest in our maleic German joint venture from Sasol will provide us with the flexibility to fully integrate our European business into our worldwide footprint."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.