Huntsman Corp. to expand manufacturing plant in Hungary
Huntsman Corporation’s Performance Products division will expand its Petfurdo, Hungary manufacturing plant to meet growing demand for specialty amines and polyurethane catalysts. It is expected that the multi-million dollar investment will be completed in mid-2023. Huntsman expects the brownfield facility to expand its global capabilities and provide more flexibility for metalworking, polyurethane and electronics industries.
Huntsman is a world-renowned amine catalyst producer with more than 50 years of experience in urethane chemical production. In recent years, Huntsman has witnessed a surge in demand for its JEFFCAT(r), amine catalysts. These specialty amines can be used to make everyday items such as foam for automobile seats and mattresses. They also help in the production of energy-efficient spray foam insulation for buildings. Huntsman’s new generation of innovative products supports the industry in reducing emissions and odors from consumer products, and contributes to global sustainability efforts.
“This additional capacity builds upon our previous expansions to further improve our capability and expand our product range of polyurethane catalysts and specialty amines,” said Chuck Hirsch, senior vice president, Huntsman Performance Products. “With consumers increasingly demanding cleaner, eco-friendly solutions, this expansion will position us well for significant growth with these global sustainability trends,” he added.
Huntsman was awarded a USD3.8 million investment grant by the Hungarian government for this expansion project.