05 November 2007 14:56 [Source: ICIS news]
The two companies completed the sale following the successful restart of Huntsman's olefins plant in Port Arthur, Texas.
The sale does not include the captive ethylene unit at Huntsman's plant in Port Neches, Texas.
The base-chemicals transaction was part of a larger $770m deal that included the sale of Huntsman's polymers business to Flint Hills, the company said.
The polymers sale closed in August.($1 = €0.69)
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