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Huntsman has announced that it has completed the acquisition of the Performance Additives and Titanium Dioxide (TiO2) businesses of Rockwood Holdings, Inc.
Peter R Huntsman, President and CEO of Huntsman Corporation, commented: "The successful completion of this acquisition better positions our company. It will be immediately accretive to our earnings before synergies of US$130M and provides further optionality for our pigments business.”
