Huntsman to Close on the Sale of its Textile Effects Division

Huntsman Corporation announced that it has secured all regulatory approvals required to complete the sale of its Textile Effects division to Archroma, a portfolio company of SK Capital Partners. Both parties expect the transaction to close on February 28, 2023. The agreed purchase price was $593 million in cash plus assumed pension liabilities, and Huntsman … Read more

Archroma Inaugurates Global Competence Center for Automotive and Synthetic Dyeing in Germany

Archroma has officially inaugurated its new Global Competence Center for Automotive & Synthetic Dyeing in Korschenbroich, Germany. The site is part of former M. Dohmen, an international group specializing in the production of textile dyes and chemicals for the automotive, carpet and apparel sectors, that Archroma acquired between 2014 and 2018. The inauguration ceremony, held … Read more