Huntsman Corp. look to restructure Europe TiO2 as segment EBITDA falls 50%

By Siobhan Lismore-Scott
Published: Monday, 27 October 2014

The comments on the bearishness in the market from Huntsman are telling as they hint at action from the leading US-based producer. Huntsman does not give guidance on prices, but throughout the conference call it became clear that the softness in Europe is expected to last a while, which will impact other producers in the region.

Huntsman Corp., one of the world’s leading producer of titanium dioxide (TiO2) pigments today indicated in a conference call that it would be looking at idling some of its European capacity until prices pick up.

Peter Huntsman, CEO, made the comments during a call detailing the company’s Q3...

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