| BUSINESS INFORMATION |
Huntsman to cut alkoxylation Hunstman Corp. is reviewing the economic viability of its alkoxylation business and studying ways to improve it. "We have identified a large portion of the alkoxylation business as being highly commoditized and unsustainable with current costs to serve," explains Tony Hankins, president of Huntsman Performance Products. He notes that the slow economy, high energy and raw material costs, and industry competitiveness and overcapacity are all factors forcing the change. The company has made no firm decisions on which capacity--of its four plants in North America, three in Europe, and one in Australia--it is likely to close. |
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