U.S. chemical firm invests $10 mln in Tuzla factory
Güncelleme Tarihi:
Hurriyet English with wires
Oluşturulma Tarihi: Haziran 23, 2008 16:05
U.S. based chemicals giant Huntsman, which ranks 249th on Fortune Magazine's Global 500 list, has opened a factory with an initial investment of $10 million at the Tuzla Industrial Zone in Istanbul, the Turkish Daily News reported.
Haberin Devamı
"We have invested in the future of Turkish textiles," said executives from the company, which is active in construction and textile chemicals in over 129 countries with 13,000 employees. Hunstman ranks third among world giants, just after Dow Chemical and DuPont with an annual turnover of $10.7 billion.
The company plans to grow in September by obtaining Hexion Chemicals, which stands at 420th spot in Fortune's list. Huntsman-affiliated companies manufacture products for a variety of global industries, including chemicals, plastics, automotive, aviation, textiles, footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care, furniture, appliances and packaging.