21 April 2018

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Market facing $500mn Huntsman loss

12 June 2017

The property fac market is facing the prospect of a $500mn loss as a result of a fire at US chemical corporation Huntsman's titanium dioxide manufacturing facility in Finland, Inside FAC can reveal.

The fire occurred on 30 January 2017 at the plant in Pori, Finland, and led to the immediate cessation of operations.

Since then operations have partially restarted, though the plant is currently running at only 20 percent of its former capacity, with the stated aim of being...

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