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Huntsman Launches Venator Spinoff IPO

Posted on: | Posted in Press Releases

On Monday, July 24, 2017, The Woodlands chemical giant Huntsman announced it had launched the initial public offering to spin off Venator Materials as a new company.

As part of the nearly $500 million IPO, Huntsman, a specialty chemical company, is offering 22.7 million shares of Venator at $20 to $22 per share.  The new pigments and additives company will trade under the “VNTR” stock ticker on the New York Stock Exchange.

Venator is a Latin word for “hunter” — a play off of the Huntsman family name.  Huntsman said the new Venator would focus largely on the titanium dioxide chemical, called TiO2, which is used as a pigment for everything from food coloring and paints to coatings and sunscreen.

Kohl Marketing, Inc. has proudly represented Huntsman, now Venator, as a Distributor and Agent for more than 25 years.