Huntsman acquires Turkish PU systems firm

Huntsman announced that it has acquired EMA Kimya Sistemleri Sanayi ve Ticaret A.S., a polyurethanes systems house in Istanbul, Turkey. The facility manufactures polyester polyols and blend MDI PU systems used primarily in the insulation, automotive, adhesives, coatings, elastomers and furniture industries. Anthony P. Hankins, President of Huntsman’s Polyurethanes division, said: “We are pleased with the acquisition of EMA. 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%. We look forward to leveraging this demand and providing a broader product offering to customers in this region.”

www.huntsman.com