Huntsman and Laffans Announce Collaboration for Specialty Chemicals
June 18, 2009
THE WOODLANDS, TX – Huntsman Corp., The Woodlands, TX, and Laffans Petrochemicals Ltd., Mumbai, India, have signed a collaboration agreement to share know-how, expertise and resources for specialty chemicals.
The parties intend to leverage each other’s capabilities and resources for surfactants and amines manufacturing in India. Laffans’ responsibilities would include manufacturing and raw material sourcing, while Huntsman’s contribution would include commercial infrastructure, branding, product range, global approvals, technology and manufacturing processes.
Steve Stilliard, Vice President of Huntsman’s Performance Products division in Asia Pacific, noted, “The planned technology transfer will include specialty nonionic surfactants, glycol ethers and amines for a wide range of markets, including agrochemicals, household, personal care, oil and gas and automotive brake fluids.”