Stratrix
On the Record · Huntsman

Huntsman acquisitions, on the record

The businesses Huntsman bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Textile Effects Business
Word for word“On February 28, 2023, we completed the sale of our textile chemicals and dyes business (“Textile Effects Business”) to Archroma, a portfolio company of SK Capital Partners (“Archroma”), for a purchase price of $593 million, which includes estimated adjustments to the purchase price for working capital plus the assumption of underfunded pension liabilities.” 10-K for 2023
agreed divestitureOn February 28, 2023, we completed the sale$593 million
Shanghai Liengheng Isocyanate Investment BV (SLIC) assets
Word for word“The acquisition of the assets were funded in part with HPS issuing a note payable at closing of approximately $ 230 million, which is subject to change pending the final valuation.” 10-K for 2023
agreed acquisition——
Gabriel Performance Products
Word for word“On January 15, 2021, we completed the acquisition of Gabriel Performance Products, a North American specialty chemical manufacturer of specialty additives and epoxy curing agents for the coatings, adhesives, sealants and composite end-markets (the “Gabriel Acquisition”), from funds affiliated with Audax Private Equity in an all-cash transaction of approximately $ 251 million.” 10-K for 2023
acquisitionOn January 15, 2021approximately $ 251 million
former Port Neches, Texas facility
Word for word“We completed the sale of our former Port Neches, Texas facility to Indorama Ventures Holdings L.P. on January 3, 2020.” 10-K for 2023
divestitureJanuary 3, 2020—
SLIC
Word for word“On January 31, 2024, we completed the planned separation and acquisition of assets of Shanghai Liengheng Isocyanate Company Ltd. (“SLIC”), our manufacturing joint venture with BASF and three Chinese chemical companies.” 10-K for 2024
acquisitionJanuary 31, 2024—
SLIC joint venture assets
Word for word“Gain on acquisition of assets, net was approximately $51 million for the year ended December 31, 2024 representing a net bargain purchase gain related to the separation and acquisition of assets of SLIC.” 10-K for 2024
acquisition——
Shanghai Lianheng Isocyanate Company Ltd. (SLIC)
Word for word“On January 31, 2024, we completed the planned separation and acquisition of assets of Shanghai Lianheng Isocyanate Company Ltd. (“SLIC”), our former manufacturing joint venture with BASF and three Chinese chemical companies.” 10-K for 2025
acquisitionJanuary 31, 2024—
Port Neches, Texas facility
Word for word“We completed the sale of our former Port Neches, Texas facility to Indorama Ventures Holdings L.P. on January 3, 2020.” 10-K for 2025
divestitureJanuary 3, 2020—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31——$5 million
2017-12-31$14 million——
2018-12-31$366 million$0$142 million
2019-12-31$0$0—
2020-12-31$650 million$2.18 billion—
2021-12-31$245 million$43 million—
2022-12-31$0$0—
2023-12-31$0$544 million—

Deal filings since 2016

Read from Huntsman’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.