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12,770 to 11,595 by the end of 2009. Also, the number of full-time contractors will be reduced by 490. The manpower reduction of 1665 should result in operating cost savings of $150 M/y. Capital expenditure is to be cut to $230 M for full-year 2009, compared against $420 M for 2008.
Huntsman had been poised for takeover by Hexion Chemicals (a subsidiary of the private equity fund, Apollo Management LP) as a result of an agreement reached in July 2007. However, Apollo failed to consummate the deal, as a result of which Apollo agreed to pay Huntsman
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near Moscow. ZLKZ is one of the five largest dyestuffs manufacturers in Russia. The company also operates substantial paint manufacturing facilities.
tonnes/y and the plant location is described as Rozenburg (instead of the more usual Botlek). Rozenburg and Botlek are in fact adjoining municipal districts (Gemeente) in the Rotterdam port area.
## Hungary: Columbian -carbon black Columbian Tiszai Carbon (a whollyowned subsidiary of Columbian Chemicals) has declared that it will spend $10 M to expand its Tiszaujvaros carbon black plant. The plant currently produces tyre tread and tyre carcass grades of carbon black. The capacity for both