Huntsman bags Ciba unit

Baker, John
July 2006
ICIS Chemical Business;7/10/2006, Vol. 1 Issue 27, p4
Trade Publication
The article reports on the acquisition of Ciba Specialty Chemicals Corp.'s textile effects business by Huntsman Corp. Huntsman plans to integrate the $1 billion turnover operation with its advanced materials business, which was also once part of Ciba, to create a division called materials and effects. The new business unit will have its headquarters in Basle, Switzerland.


Related Articles

  • Huntsman, the surprise winner of Ciba's auction. Robinson, Simon // ICIS Chemical Business;2/27/2006, Vol. 1 Issue 8, p16 

    The article reports on the acquisition of Ciba Specialty Chemicals' textile effects business by Huntsman. Ciba had auctioned its business and Huntsman was the winner out of several bidders. The sale should conclude in the third quarter of 2006 after it formally separates from Ciba and regulatory...

  • M&A activity slows from fast pace. Chang, Joseph // Chemical Market Reporter;5/15/2006, Vol. 269 Issue 19, p12 

    The article looks at the decreasing number of large consolidations and acquisitions in the United States chemical industry in 2006. The average deal size has also decreased. The merger market seems to be moving toward the specialty chemical market. Some of the mergers in 2006 are the mergers of...

  • Ciba Divests Textile Effects to Huntsman.  // Paint & Coatings Industry;Sep2006, Vol. 22 Issue 9, p20 

    The article reports on the sale of the Textile Effects business of Ciba Specialty Chemicals to Huntsman Corp. The number of Textile Effect employees who transferred to Huntsman is cited. Ciba CEO Armin Meyer comments on the divestment of the business.

  • India is an urgent and top priority for us….  // Colourage;May2007, Vol. 54 Issue 5, p138 

    The article reports that global chemical giant Huntsman Corp. has purchased Ciba Specialty Chemicals Corp.' Textile Effects segment for $253 million in India. Textiles Effects Segment of Huntsman Pvt. Ltd. will continue to serve the Indian industry under the new banner. According to the author,...

  • Huntsman recasts new Textile Effects business with focus on Asia.  // Indian Textile Journal;Dec2006, Vol. 117 Issue 3, p103 

    This article reports on an announcement made by Peter R. Huntsman, president and chief executive officer of Huntsman Corp., regarding the completed strategy review for its global textile effects business. The company acquired this business from Ciba Specialty Chemicals, Inc. on June 30, 2006. A...

  • Huntsman Textile Effects acquisition moving ahead on schedule.  // Colourage;May2006, Vol. 53 Issue 5, p112 

    The article reports that Huntsman Corp., a global manufacturer of differentiated and commodity chemical products has said that its planned acquisition of the Ciba Specialty Chemicals Corp. Textile Effects business is scheduled to close by the third quarter of 2006. These two companies have...

  • MERGERS and acquisitions.  // Paint & Coatings Industry;May2006, Vol. 22 Issue 5, p22 

    Announces the planned and completed mergers and acquisitions in the paint and coatings industry as of May 2006. Ball Corp. and U.S. Can Corp.; Ciba Specialty Chemicals and Huntsman Corp.; Utek Corp. and Trio Industries Group Inc.

  • Industrial specialties.  // Chemical Market Reporter;7/17/2006, Vol. 270 Issue 2, p27 

    The article presents news briefs regarding the industrial specialties segment of the chemical industry. Rohm and Haas has finalized the sale of its liquid soldermask, legend ink and screen-printable etch-resist unit to Electra Polymers. Huntsman Corp. has completed its acquisition of the global...

  • Huntsman seeks to rev up colors business. Milmo, Sean // ICIS Chemical Business Americas;10/16/2006, Vol. 270 Issue 14, p30 

    The article reports on the plans of chemical firm Huntsman for its textile effects business acquired from Ciba Specialty Chemicals in July 2006. Information on the financial performance of the business is presented. Analyst Sergey Vasnetsov comments on the restructuring effort of Huntsman for...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics