Venator Announces Closing of Major Investment from SK Capital Partners

 Venator Materials PLC (NYSE: VNTR) ("Venator") announced today that funds advised by SK Capital Partners, L.P. have closed on the previously announced agreement to purchase approximately 42.4 million shares, representing just under 40% of Venator's outstanding shares, from Huntsman Corporation (NYSE: HUN) for a purchase price of approximately $100 million. The agreement also includes a 30-month option pursuant to which SK Capital can elect to purchase Huntsman's remaining approximate 9.7 million shares.