Huntsman Strengthens Polyurethanes Business in Eastern Europe
The Polyurethanes division of Huntsman has signed a cooperation agreement with Budapest-based Polinvent, a research-intensive enterprise that has recently developed and patented a range of novel amine-epoxy adducts.
Together, the two companies will explore the benefits that can be derived from incorporating Polinvent adducts into polyurethane and polyurea coatings as well as other adhesive and elastomer products.
Under the terms of the cooperation, which covers research, development, manufacture, trade and intellectual property rights, Huntsman will have exclusive access to Polinvent adducts for an initial three year period. During this time, the two companies will seek out new application opportunities and create new adducts for industrialization.
Huntsman is also opening a new service center in Warsaw, Poland, strengthening the capabilities of its Polyurethanes and Performance Products businesses across Central and Eastern Europe, and the Baltics' territories where MDI demand is growing steadily.
