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| 2015-06-25, 06:12 |
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Huntsman: Acquisition of Polyurethane Elastomer Manufacturer Tecnoelastomeri
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Huntsman Corporation announced that it has completed the acquisition of Tecnoelastomeri, a manufacturer and marketer of methylene diphenyl diisocyanate (MDI) based hot-cast elastomer systems and processing machines, based in Modena, Italy. 2014 sales revenue for Tecnoelastomeri was approximately $12 million. The purchase price was not disclosed. Advert Hot-cast polyurethanes are used in many downstream applications, including bumper pads, coated conveyor belts, gears, rollers and wheels. These applications are used in the automotive, rail, oil and gas, mining and steel industries among others. Huntsman has supplied MDI for these applications for many years.
Tecnoelastomeri markets its diverse product line globally under a number of well-known trademarks, including Tecnoelastomeri engineering urethane elastomers, Tecnothane polyurethane systems, Rithane specialty polyurethane systems, Castech polyurethane machines and Linthane specialty thermoplastic urethanes (TPUs). More information: www.huntsman.com, www.tecnoelastomeri.com |
Huntsman Corporation, The Woodlands, Texas, USA
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