# KPX Chemical and Huntsman form polyurethanes automotive joint venture in Korea

KPX Chemical and Huntsman Corporation established a joint venture named KPX HUNTSMAN POLYURETHANES AUTOMOTIVE CO., LTD. (KHPUA) to provide polyurethane system solutions to Korean automakers from a facility at KPX Chemical's Ulsan plant. Operations are expected to commence by the end of October 2021.

- Type: Acquisition
- Announced: 2021-09-28
- Where: Ulsan, South Korea, South Korea
- Status: announced
- Products: polyurethane systems for automotive
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Huntsman Corp.](https://endata.com/companies/1591.md) (partner)
- [KPX Chemical](https://endata.com/companies/57976.md) (partner)

## Sources

- [huntsman.com](https://www.huntsman.com/news/media-releases/detail/496/kpx-chemical-and-huntsman-form-joint-venture-in-korea), 2021-09-28: "KPX Chemical, a leading polyols producer for polyurethanes in Korea, and Huntsman Corporation today announced the establishment of a joint venture named KPX HUNTSMAN POLYURETHANES AUTOMOTIVE CO., LTD."

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