# Huntsman to sell chemical intermediates and surfactants businesses to Indorama Ventures for $2.076 billion

Huntsman Corporation has entered into a definitive agreement to sell its chemical intermediates and surfactants businesses to Indorama Ventures for $2.076 billion, including manufacturing facilities in Texas, India, and Australia. The transaction is expected to close near year-end.

- Type: Acquisition
- Announced: 2019-08-07
- Where: Port Neches, Texas; Dayton, Texas; Chocolate Bayou, Texas; Ankleshwar, India; Botany, Australia, United States
- Value: $2.08B
- Status: announced
- Products: chemical intermediates (PO/MTBE), surfactants
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Huntsman Corp.](https://endata.com/companies/1591.md)
- [Indorama Ventures](https://endata.com/companies/3457.md) (acquirer)

## Sources

- [huntsman.com](https://www.huntsman.com/investors/newsroom/news-releases/detail/415/huntsman-agrees-to-sell-its-chemical-intermediates-and), 2019-08-07: "This transaction further transforms Huntsman's balance sheet and future."
- [huntsman.com](https://www.huntsman.com/news/media-releases/detail/415/huntsman-agrees-to-sell-its-chemical-intermediates-and), 2019-08-07: "This transaction further transforms Huntsman's balance sheet and future."

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