- Huntsman is investing multi-million USD to expand its Petfurdo, Hungary facility.
- The project is expected to be completed by mid-2023.
- The expansion will increase capacity for polyurethane catalysts and specialty amines.
- The Hungarian government provided a USD 3.8 million investment grant.
Expansion Project
Huntsman Corporation's Performance Products division is expanding its manufacturing facility in Petfurdo, Hungary. This multi-million USD investment aims to meet the growing demand for polyurethane catalysts and specialty amines. The project is scheduled for completion by mid-2023.
Increased Capacity
The expansion will enhance Huntsman's global capacity, providing more flexibility and innovative technologies for industries such as polyurethane, coatings, metalworking, and electronics. This move is in response to the accelerating demand for JEFFCAT® amine catalysts, which are used in products like automobile seat foam, mattresses, and energy-efficient spray foam insulation.
Government Support
The Hungarian government has supported this expansion with a USD 3.8 million investment grant. Huntsman appreciates this support and looks forward to further collaboration with the Hungarian government to advance economic development in the country.
