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)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections