Huntsman acquires speciality chemical manufacturer CVC Thermoset Specialities from Emerald Performance Materials for $300M.
“This fits all the criteria we look for in acquisitions for our advanced materials division, including new technology, synergies, and globalisation opportunities.”
Peter Huntsman, Huntsman Chairman, President and CEO
CVC Thermoset’s unique product range combined with Huntsman’s materials will allow for stronger product differentiation in customer applications. Huntsman grows its customer base internationally through CVC Thermoset’s foothold in European and Asian markets.