Huntsman to acquire remaining 50% stake in Sasol-Huntsman JV for $92.5M

Huntsman signed a definitive agreement to acquire the remaining 50% stake in the Sasol-Huntsman maleic anhydride joint venture from Sasol for $92.5 million. The joint venture has a maleic anhydride production unit in Morse, Germany, with an annual capacity of 104,300 tons. The transaction is expected to close in Q4 2019.

“Huntsman will pay $ 92.5 million (adjusted in accordance with debt and other terms of the agreement) to Sasol, with funding sources available as working capital.”haythink.com

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• haythink.comHuntsman Announces Acquisition Of Remaining 50% Stake In SASOL- Huntsman Joint Venture - Global Leading Information Platform For Advanced Materials And TechnologiesJan 15, 2024

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