Huntsman acquires polyurethanes systems house in Turkey
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Huntsman acquires a polyurethanes systems house in Turkey

4:00 AM, 3rd January 2012
Huntsman acquires a polyurethanes systems house in Turkey

TEXAS, US: Huntsman Corporation announced that it has acquired EMA Kimya Sistemleri Sanayi ve Ticaret AS, a polyurethanes systems house in Istanbul, Turkey.  The EMA systems house has the capacity to manufacture polyester polyols and blend MDI polyurethane systems used primarily in the insulation, automotive, adhesives, coatings, elastomers and furniture industries. 2010 revenues were approximately $17 million. “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 to15 per cent. We look forward to leveraging this demand and providing a broader product offering to customers in this region,” said Anthony P Hankins, President, Polyurethanes division, Huntsman.

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