My watch list
my.chemeurope.com  
Login  

Huntsman Acquires Polyurethane Elastomer Manufacturer Tecnoelastomeri

25-Jun-2015

Huntsman Corporation announced that it has completed the acquisition of Tecnoelastomeri, a manufacturer and marketer of methylene diphenyl diisocyanate (MDI) based hot-cast elastomer systems and processing machines, based in Modena, Italy.  2014 sales revenue for Tecnoelastomeri was approximately $12 million.  The purchase price was not disclosed.
 
Hot-cast polyurethanes are used in many downstream applications, including bumper pads, coated conveyor belts, gears, rollers and wheels.  These applications are used in the automotive, rail, oil and gas, mining and steel industries among others.  Huntsman has supplied MDI for these applications for many years.
 
Tecnoelastomeri markets its diverse product line globally under a number of well-known trademarks, including Tecnoelastomeri engineering urethane elastomers, Tecnothane polyurethane systems, Rithane specialty polyurethane systems, Castech polyurethane machines and Linthane specialty thermoplastic urethanes (TPUs).
 
Commenting on the acquisition, Tony Hankins, President of Huntsman’s Polyurethanes division, said: “We are very pleased with the acquisition of Tecnoelastomeri. The addition of its highly experienced team to our Polyurethanes business will significantly strengthen our offer to the growing, downstream hot-cast elastomer markets globally.”

Facts, background information, dossiers
More about Huntsman
  • News

    Huntsman Increases Specialty Amine Capacity

    Huntsman Corporation announced plans to expand capacity of specialty amines at its manufacturing facilities in Petfurdo, Hungary and in Conroe, Texas (USA). The new multipurpose unit at Petfurdo extends the Huntsman manufacturing portfolio, further leverages the company’s integrated amines ... more

    Huntsman’s European Surfactant Plants Achieve RSPO Certification

    The Performance Products division of Huntsman Corporation announced that all three of its surfactant plants in Europe have successfully achieved “Mass Balance” certification under guidelines of the Roundtable on Sustainable Palm Oil (RSPO). Huntsman surfactant plants in Saint-Mihiel, France ... more

    BASF cooperates with Huntsman, Shanghai Hua Yi, Shanghai Chlor-Alkali Chemical and SINOPEC

    BASF, Huntsman, Shanghai Hua Yi (Group) Company, Shanghai Chlor-Alkali Chemical Co. Ltd. and SINOPEC Group Assets Management Corporation held a ceremony kicking off the construction of a new plant with a production capacity of 240,000 metric tons of crude MDI (diphenylmethane diisocyanate) ... more

  • Companies

    Huntsman P&A Wasserchemie GmbH

    Sachtleben Wasserchemie GmbH is a leading producer of Water Treatment Chemicals. more

    Huntsman (Germany) GmbH

    Our Osnabrück facility specialises in the manufacture of TPU elastomers and crosslinkers. TPU Elastomers are used for large variety of applications such as extrusion and injection molding products (shoe industry, automotive industry, machinery equipment, production of hoses, film and sheet ... more

Your browser is not current. Microsoft Internet Explorer 6.0 does not support some functions on Chemie.DE