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Home  > Markets & companies  > Huntsman acquires Turkish polyurethanes sy...

Tuesday, 24 September 2019
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Markets & companies

Huntsman acquires Turkish polyurethanes systems house

Thursday, 5 January 2012

Huntsman buys EMA Kimya Sistemleri Sanayi ve Ticaret A.S., a Turkish manufacturer of polyester polyols and blend MDI polyurethane systems.

Huntsman Corporation announced that it has acquired EMA Kimya Sistemleri Sanayi ve Ticaret A.S., a polyurethanes systems house in Istanbul, Turkey.  The Turkish systems house has the capacity to manufacture polyester polyols and blend MDI polyurethane systems used primarily in the insulation, automotive, adhesives, coatings, elastomers and furniture industries. 2010 revenues were approximately USD 17 million. Commenting on the sale, Anthony P. Hankins, President of Huntsman’s Polyurethanes division, said: "This acquisition is part of our global strategy to strengthen our presence in key growth markets. In 2010, Turkey's MDI polyurethane systems grew at a rate of 13-15%."

The acquisition of EMA is part of Huntsman’s global strategy to strengthen its presence in key growth markets. Source: Yanik Chauvin - Fotolia.com

The acquisition of EMA is part of Huntsman’s global strategy to strengthen its presence in key growth markets. Source: Yanik Chauvin - Fotolia.com

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