Huntsman: Joint Venture with PUR-Systems
Huntsman Corporation, Everberg, Belgium, and PUR-Systems GmbH & Co. KG, Georgsmarienhütte, Germany, have formed a joint venture for making and selling polyurethane systems in Central Europe and elsewhere. The joint venture commences operation immediately, the financial terms were not disclosed.
The PUR-System systems house in which Huntsman has a majority share will be run as a stand-alone operation with its existing management led by Christian Duve and about 20 employees.
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