PX Chemical collaborates with Huntsman Corporation to establish joint venture.

Auto Business News-September 28, 2021--PX Chemical collaborates with Huntsman Corporation to establish joint venture

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Auto Business News - 28 September 2021

PX Chemical, a polyols producer for polyurethanes in Korea, has collaborated with Huntsman Corporation (NYSE: HUN), an MDI-based polyurethanes and specialty chemical manufacturer, to establish a joint venture named KPX HUNTSMAN POLYURETHANES AUTOMOTIVE CO. LTD.

The joint venture is to create and provide polyurethane system solutions to Korean automakers from a specialty polyurethanes manufacturing plant at KPX Chemical's Ulsan plant. Operations are likely to start by the end of October.

The new joint venture is intended to to expedite the growth in this sector by offering...

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