Huntsman Corporation Announces New Purification and Packaging Capability through its E-GRADE® Unit in Conroe, Texas
Rhea-AI Summary
Positive
- Strategic expansion into the growing semiconductor industry, particularly targeting AI-driven demand
- Enhanced manufacturing capabilities for high-purity semiconductor materials
- Strengthened market position in the specialty chemicals sector
- Creation of new job opportunities in Conroe, Texas
Negative
- None.
News Market Reaction – HUN
On the day this news was published, HUN gained 0.45%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Peter Huntsman, Chairman, President, and CEO of Huntsman Corporation, stated, "With the rapid growth of AI and the need for high-quality advanced node chips, our investment in
The new E-GRADE® unit will bolster Huntsman's portfolio by providing high-purity, low-trace metal amines, including quaternary amines and amine oxides, essential for semiconductor chip manufacturing. Huntsman's commitment to safety, quality, reliability, and manufacturing excellence will help ensure a consistent production process – from blending, purification through packaging.
"With this unique offering, we are well positioned to become a world-leading supplier of semiconductor-grade amines," said Jan Buberl, President of Performance Products. "We now have the global manufacturing capability, R&D expertise, and broad portfolio to offer our customers with solutions that meet the industry's highest quality standards."
About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2024 revenues of approximately
To learn more about E-GRADE® products, visit www.huntsman.com/EGRADE
Social Media:
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SOURCE Huntsman Corporation
