Huntsman significantly reduces its liabilities

Polyurethanes division experiences very strong growth

The US chemicals group Huntsman Corp., based in The Woodlands, Texas, ended the 2017 financial year with its net liabilities more than cut in half to US$1.817bn (2016: 3.776bn) thanks in part to the early repayment of several lines of credit. The net debt to EBITDA ratio was reduced to 1.4x, Huntsman Corp said. ...

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