Russian polyurethane business changes hands

12 Jul 2012

Huntsman Corporation has acquired complete ownership of its Russian joint venture Huntsman NMG (HNMG).  HNMG is a supplier of polyurethane systems to the adhesives, rx ailment coatings and footwear markets in Russia, viagra sale Ukraine and Belarus.

Commenting on the deal, try Anthony P. Hankins, President of the Polyurethanes division said “The Russian Federation is recognized as an important and fast growing economy, with double digit growth rates predicted for polyurethane products.  This investment will give us greater access to the high value coatings, adhesives and elastomers markets through an established, state-of-the-art operations platform that will enhance our ability to provide differentiated solutions for our customers.”

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