Huntsman announces separation of Venator Materials subsidiary

Huntsman Corp. (The Woodlands, Tex.; www.huntsman.com) announced that Venator Materials, a wholly owned subsidiary of Huntsman, has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the SEC) for a proposed initial public offering of its ordinary shares.  Once separated from Huntsman, Venator will own Huntsman’s Titanium Dioxide and Performance Additives businesses.  Venator’s products comprise a broad range of pigments and additives that bring color and vibrancy to buildings, protect and extend product life and reduce energy consumption.
 
All the ordinary shares to be sold in the offering will be offered by Huntsman, as selling shareholder. The date, number of ordinary shares to be offered, and the price range for the offering have not yet been determined.  The offering is expected to commence in 2017, subject to, among other things, completion of the SEC review process and suitable market conditions.