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While reporting financial results for the second quarter on Tuesday, specialty chemicals company Huntsman Corp. (HUN) said it closed the acquisition of CVC Thermoset Specialties on May 18, 2020.


RTTNews | Jul 28, 2020 06:25AM EDT

06:25 Tuesday, July 28, 2020 (RTTNews.com) - While reporting financial results for the second quarter on Tuesday, specialty chemicals company Huntsman Corp. (HUN) said it closed the acquisition of CVC Thermoset Specialties on May 18, 2020.

The integration remains on track and the Company expects to achieve the targeted annualized synergies of approximately $15 million by the end of 2021.

Including approximately $35 million of synergies relating to recent acquisitions, the company is also targeting annualized savings in excess of $100 million by the end of 2021.

Read the original article on RTTNews ( https://www.rttnews.com/3114848/huntsman-targets-total-annualized-cost-savings-and-synergies-of-100-mln-by-end-of-2021.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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