Service English Chinese Home About Markets Materials Products Sustainability Careers News Investors Locations Contact About Our History Our History Overview Executive Team Board of Directors Our History Polyurethanes Performance Products Advanced Materials Textile Effects 1970 1980 1990 2000 2010 2020 1970 Jon M. Huntsman forms Huntsman Container Corporation in Fullerton, California. 1974 Huntsman Container Corporation creates “clamshell” container used for the McDonald’s Big Mac and by other fast-food companies – one of more than 80 product inventions. 1982 Jon M. Huntsman establishes Huntsman Chemical Corporation in Salt Lake City, Utah, and is named Chairman and CEO. 1987 Huntsman acquires polypropylene plant in Woodbury, New Jersey, from Shell Chemical Company. 1989 Huntsman acquires three styrene manufacturing facilities in Texas, Virginia and Illinois from Hoechst Celanese Corporation. 1992 Huntsman acquires Goodyear Tire and Rubber Company's North American film and flexible packaging business and forms Huntsman Packaging. 1993 Huntsman Chemical Corporation purchases the linear alkyl benzene and maleic anhydride businesses from Monsanto, acquiring manufacturing plants in Texas and Florida. Jon M. Huntsman establishes the Huntsman Cancer Institute at the University of Utah, Salt Lake City, with an initial pledge of $10 million. 1994 Huntsman Chemical Corporation acquires the worldwide operations of Texaco Chemical Company, more than doubling Huntsman’s operating earnings. Huntsman Chemical Corporation completes the purchase of Eastman Chemical Company’s polypropylene business in Longview, Texas. 1996 Peter R. Huntsman is named president and chief operating officer (COO) of Huntsman Corporation. Huntsman Corporation is formed with the consolidation of all former Huntsman Chemical Corporation operating entities under a single management. 1997 Huntsman Corporation purchases Texaco’s propylene oxide and MTBE businesses in Port Neches, Texas. Huntsman Corporation expands its European performance chemicals business with the acquisition of Nitroil Rt. in Hungary. Huntsman Corporation acquires Rexene Corporation, a producer of olefins, styrene and a variety of performance polymers. 1998 Huntsman Corporation purchases Orica Australia Pty. Ltd., one of Australian’s largest differentiated chemicals businesses. Huntsman Corporation sells its North American and European styrenics businesses to Nova Chemicals Corporation. 1999 Huntsman Corporation nearly doubles in size with the acquisition of Imperial Chemical Industries (ICI) polyurethanes, titanium dioxide, aromatics and petrochemical global businesses. Condea-Huntsman joint venture starts up new maleic anhydride manufacturing facility in Moers-Meerbeck, Germany. 2000 Huntsman Corporation acquires Orica’s polyurethane business in Australia. Huntsman Packaging is sold to Chase Capital Partners and renamed Pliant Corporation. Peter R. Huntsman is appointed president and CEO of Huntsman Corporation. Huntsman Corporation acquires the thermoplastic polyurethanes business from Rohm and Haas Company. 2003 Huntsman Corporation creates its Advanced Materials division by acquiring the Vantico Group. 2004 Huntsman Corporation moves into its global headquarters in The Woodlands, Texas, about 35 miles north of Houston. 2005 Huntsman Corporation becomes a publicly held company through an initial public offering of shares (stock ticker: HUN) on the New York Stock Exchange. 2006 Huntsman Corporation acquires the global Textile Effects business of Ciba Specialty Chemicals Inc. Huntsman Corporation opens integrated polyurethanes manufacturing complex at Shanghai Chemical Industry Park in joint venture with BASF and Chinese partners. Huntsman Corporation sells its U.K.-based European commodity chemicals business to Saudi Basic Industries Corporation (SABIC). 2007 Huntsman Corporation sells its base chemicals business to Flint Hill Resources, a subsidiary of Koch Industries. 2009 Huntsman Corporation’s Textile Effects division acquires the Baroda, India, division of Metrochem Industries. Huntsman Textile Effects establishes its headquarters in Singapore. 2010 Arabian Amines Company, a joint venture between Huntsman Corporation and Zamil Group, opens new ethyleneamines plant in Jubail, Saudi Arabia. 2012 Huntsman Corporation’s Polyurethanes division forms a joint venture with Sinopec to construct and operate a PO/MTBE facility in China. 2013 Huntsman Corporation acquires U.S. polyols manufacturer Oxid L.P., a manufacturer and marketer of TEROL® specialty urethane polyols in Houston, Texas. 2014 Huntsman Corporation sells its European commodity surfactants business to Wilmar International. Huntsman Corporation acquires Rockwood Holdings Performance Additives and Titanium Dioxide businesses, making Huntsman the largest color and white pigments company in the world. 2015 Huntsman Corporation acquires Tecnoelastomeri, a manufacturer and marketer of hot-cast elastomer systems and processing machines, based in Modena, Italy. 2016 Huntsman Corporation inaugurates the Huntsman Campus Shanghai in the Minhang Economic and Technology Development Zone. Huntsman Corporation sells its European surfactants business to Innospec Inc. 2017 Peter R. Huntsman is appointed chairman of the board; Jon M. Huntsman is named chairman emeritus. Huntsman Corporation spins off its Pigments and Additives division as Venator Materials Corporation in an initial public offering. Huntsman Corporation completes a 25,000-ton capacity expansion at its specialty amines facility on Jurong Island in Singapore, taking total capacity to 50,000 tons. 2018 Huntsman Corporation founder Jon M. Huntsman passes away at age 80 in Salt Lake City, Utah. Huntsman Corporation purchases Demilec, a leading North American spray polyurethane foam (SPF) insulation manufacturer. 2019 Huntsman Corporation completes the acquisition of 50% interest in its Sasol-Huntsman maleic anhydride German joint venture from Sasol, giving Huntsman 100% ownership of the entity. 2020 Huntsman Corporation acquires Icynene-Lapolla, a leading North American spray polyurethane foam (SPF) insulation manufacturer, and combines it with Demilec to create a world-leading supplier of SPF products used to insulate commercial and residential structures. The combined business is renamed as Huntsman Building Solutions. Huntsman Corporation completes the sale of its Chemical Intermediates and Surfactants businesses to Indorama Ventures. Huntsman Corporation acquires CVC Thermoset Specialties, a North American specialty chemical manufacturer serving the industrial composites, adhesives and coatings markets. 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