Huntsman to invest $82m in Malaysian TiO2 plant upgrade
Published: Tuesday, 25 November 2014
The company’s investment in its Tetengganu plant and previous office opening in Malaysia, demonstrates it believes that demand in Asia will be integral to growing the TiO2 business following the last few years of low prices and flagging global demand.
Global titanium dioxide (TiO2) producer,
Huntsman Corp., is to invest Malaysian dollar (M$) 275m
($82m*) in upgrading its Malaysian TiO2
manufacturing facilities in Terengganu.
According to local reports, the company’s
textile effects division president, Paul Hulme, told media that
the investment would include...