04 April 2011 10:20 [Source: ICIS news]
LONDON (ICIS)--Huntsman has completed its acquisition of India-based Laffans Petrochemicals, taking ownership of the company's 60,000 tonne/year ethylene oxide derivatives facility at Ankleshwar, in India's ?xml:namespace>
"This acquisition is a continuation of our strategy to build our Asian business. We look forward to integrating this business and further expanding our Indian business," said Hunstman president and CEO Peter Huntsman.
The two companies did not reveal financial details of the transaction.
($1 = €0.70)
For more on Huntsman visit ICIS company intelligence
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