THE WOODLANDS, TX – Huntsman Corp. has completed the acquisition of the Performance Additives and Titanium Dioxide (TiO₂) businesses of Rockwood Holdings Inc. Huntsman paid approximately $1 billion in cash for the acquisition and assumed certain unfunded European pension liabilities.

Huntsman acquired the following businesses from Rockwood: functional additives made from barium and zinc-based inorganics; pigments made from synthetic iron-oxide and other non-TiO₂ inorganic pigments used by manufacturers of coatings and colorants; timber treatment wood-protection chemicals used primarily in residential and commercial applications; water treatment products used to improve water purity in industrial, commercial and municipal applications; specialty automotive molded components; and titanium dioxide.