Huntsman Corp. look to restructure Europe TiO2 as segment EBITDA falls 50%
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 worlds 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 companys Q3...