Huntsman and Zavod Sintanolov Partner to Develop Russian Personal Care and Detergent Markets
Cooperation agreement will grow the two companies' surfactants businesses
Huntsman Corporation and Zavod Sintanolov announced that they have signed a cooperation agreement by which both companies will share know-how, expertise and resources to develop the Russian market for surfactants.
According to the agreement, the Performance Products division of Huntsman will market and sell 50 percent of the anionic and amphoteric surfactants manufactured in Zavod Sintanolov's newly-commissioned plant in St Petersburg. Customers will include multinational detergent and personal care product manufacturers operating in the Russian Federation. The terms of the deal and plant's capacity were not disclosed.
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