# Huntsman acquires full ownership of maleic anhydride plant in Moers

Huntsman is buying the remaining 50% stake in the maleic anhydride production facility in Moers, Germany, from Sasol for $92.5 million. The transaction is expected to close in Q4 2019.

- Type: Acquisition
- Announced: 2019-08-09
- Where: Moers, Germany
- Value: $92.5M
- Status: announced
- 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) (target)

## Sources

- [kunststoffweb.de](https://www.kunststoffweb.de/branchen-news/huntsman_maleinsaeureanhydrid-erzeugung_in_moers_vollstaendig_erworben_t243119), 2019-08-09: "Für 92,5 Mio USD (gut 83 Mio EUR) kauft der PUR-Erzeuger Huntsman ... die ausstehende Hälfte an der gemeinsam mit dem Chemiekonzern Sasol ... in Moers betriebenen Erzeugung von Maleinsäureanhydrid."

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