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Huntsman Corporation announces a definitive agreement to sell its chemical intermediates and surfactants businesses to Indorama Ventures for $2.076 billion. This move aligns with Huntsman's strategy to focus on downstream and specialty businesses, enhancing its ability to generate stable margins and cash flow. The deal is expected to be finalized by the end of 2019, subject to regulatory approvals.
Friday, 9 August, 2019