Huntsman Marks Grand Opening of Operational Unit Expansion in Petfurdo, Hungary

Core Viewpoint - Huntsman Corporation has expanded its Performance Products manufacturing facility in Petfurdo, Hungary, enhancing its global capacity and flexibility in serving various industries, including polyurethane, coatings, metalworking, and electronics [1][3]. Group 1: Expansion and Investment - The grand opening of the expanded facility marks the initiation of operations at the beginning of 2026, reflecting Huntsman's commitment to increasing production capacity [1]. - The expansion is supported by an investment grant from the Hungarian government, indicating a strong partnership and community confidence in Huntsman's future growth [3][4]. Group 2: Product Demand and Innovation - Huntsman is a leading producer of amine catalysts, with a growing demand for its JEFFCAT® amine catalysts used in applications such as automobile seats and energy-efficient insulation [2]. - The new capacity will enhance manufacturing flexibility and enable the development of next-generation products, aligning with industry trends towards sustainability and energy efficiency [3]. Group 3: Company Overview - Huntsman Corporation reported revenues of approximately $6 billion from continuing operations in 2025, operating over 55 manufacturing and R&D facilities across 25 countries [5]. - The company employs around 6,000 associates, indicating a significant workforce dedicated to its diverse chemical product offerings [5].