Huntsman May Relocate Capacity to U.S. After Gas-Price Drop

Lock
This article is for subscribers only.

Huntsman Corp., the world’s biggest maker of textile dyes, plans to expand chemical production in the U.S. and may relocate some capacity from other countries to take advantage of a drop in domestic natural-gas prices.

Gas is cheap enough to justify shifting some production to the U.S. for energy-intensive products such as MDI, an insulation ingredient, and surfactants, which are used in detergents, Chief Executive Officer Peter Huntsman said today in a telephone interview.