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huntsman closing four pigment plants
huntsman corp. Is closing four plants — three in the u.s. And one in germany — that make pigments for plastics and other markets.
The closings will eliminate 120 jobs and will create $20 million in savings by mid-2016, officials with the woodlands, texas-based huntsman said in a march 4 news release. The u.s. Plants being closed are in cartersville, ga.; east st. Louis, ill.; and king of prussia, pa. The german plant is in hainhausen.
“today’s announcement underscores our commitment to restructure and remove costs from our newly acquired assets and operations as quickly and efficiently as possible,” president and ceo peter huntsman said in the release.