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Comment Business & Economics

Basell-Huntsman

By Chemical Engineering |

Basell (Hoofddorp, Netherlands; edlinks.chemengonline.com/6897-541), a global leader in polyolefins’ technology, production and marketing, and Huntsman Corp. (Salt Lake City, Utah; edlinks.chemengonline.com/6897-542), one of the world’s largest manufacturers and marketers of differentiated chemicals and pigments, announced last month that they have signed a definitive agreement pursuant to which Basell will acquire Huntsman in a transaction valued at approximately $9.6 billion, including the assumption of debt. The merger of Basell and Huntsman will create one of the largest chemical companies in the world.
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