Clean Break: the company completely halting Russian engagements or exiting Russia
Leave Withdrawal
Huntsman Corporation
Huntsman Corporation
Huntsman Corporation is an American chemical company.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalRevenue(RF), mln.USD
49
Assets(RF), mln.USD
61
Capital(RF), mln.USD
55
Glob.Revenue, mln.USD
8023
Staff(RF), 2021
480
Taxes(RF), mln.USD
5
The Woodlands, Texas-based maker of industrial chemicals is still operating in Russia. Owns a chemical production facility in Obninsk.
The Company Statement
January 24, 2024
Still operating in Russia. Armen Sargsyan's S8 Capital wants to acquire the Russian business of American Huntsman. This company owns a chemical production facility in Obninsk. Huntsman hoped to exit assets in the Russian Federation in 2023, but did not receive all the necessary regulatory approvals. Revenue decreased in 2024 vs 2023 by more than -10%.
| May 25, 2022 | These U.S. companies are still doing business in Russia |
| May 11, 2022 | After Yale ‘F’ grade, Huntsman CEO defends company’s decision to remain in Russia |
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