Huntsman's Quarterly Profits Double, May Push Back Completion of U.S. Ethylene Oxide Project

SUGAR LAND--July 31, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Huntsman Corporation (NYSE:HUN) (The Woodlands, Texas) saw its second-quarter net income more than double to $124 million from $54 million the year before, largely due to increased demand for methylene diphenylene diisocyanate (MDI) and amines, as well as higher selling prices, the chemicals producer said. Revenues for the quarter increased 5.6% to $2.99 billion. Within this article: details on Huntsman's U.S. ethylene oxide expansion project, and its methylene diphenylene diisocyanate expansion in Shanghai, including investment values, completion dates and capacities. Other companies featured: Rockwood Holdings Incorporated (NYSE:ROC)