Huntsman Discloses Formation Balance Sheet Public Filing for Venator Materials IPO

Venator Materials, a wholly-owned subsidiary of Huntsman, filed registration statement for public offering. Huntsman Corporation (NYSE: HUN) announced today that it has filed a public registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to the proposed initial public offering of common stock of Venator Materials ("Venator"), its wholly-owned subsidiary. Upon separation from Huntsman, Venator will operate Huntsman's Titanium Dioxide and Performance Additives businesses. Venator's products comprise a broad range of pigments and additives that add color and vibrancy to buildings, preserve and extend product life, and reduce energy consumption. All common shares offered in the offering will be offered by Huntsman, the selling shareholder. The offering date, number of common shares to be offered, and the offering price range have not yet been determined. The offering is expected to commence in 2017, subject to completion of the SEC review process and appropriate market conditions. Source: http://www.ipcm.it/en/news/608/Huntsman-Announces-Public-Filing-of-Registration-Statement-for-Proposed-Initial-Public-Offering-of-Venator-Materials/