Registration of securities issued in business combination transactions

INVESTMENT IN UNCONSOLIDATED AFFILIATES (Tables)

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INVESTMENT IN UNCONSOLIDATED AFFILIATES (Tables)
12 Months Ended
Dec. 31, 2012
INVESTMENT IN UNCONSOLIDATED AFFILIATES  
Schedule of ownership percentage and investment in unconsolidated affiliates

Our ownership percentage and investment in unconsolidated affiliates were as follows (dollars in millions):

 
  December 31,  
 
  2012   2011  

Equity Method:

             

Louisiana Pigment Company, L.P. (50%)

  $ 111   $ 90  

BASF Huntsman Shanghai Isocyanate Investment BV (50%)(1)

    81     79  

Nanjing Jinling Huntsman New Material Co., Ltd. (49%)

    24      

International Polyurethanes Investments B.V. (45%)(2)

        17  

Jurong Ningwu New Materials Development Co., Ltd. (30%)

    12     10  

Others

    2     1  
           

Total equity method investments

    230     197  

Cost Method:

             

International Diol Company (4.35%)

    5     5  

White Mountain Titanium Corporation (3%)

    3      
           

Total investments

  $ 238   $ 202  
           

(1)
We own 50% of BASF Huntsman Shanghai Isocyanate Investment BV. BASF Huntsman Shanghai Isocyanate Investment BV owns a 70% interest in SLIC, thus giving us an indirect 35% interest in SLIC.

(2)
We began consolidating International Polyurethanes Investments B.V. as of July 3, 2012. See "Note 3. Business Combinations and Dispositions."
Sasol Huntsman GmbH and Co. KG
 
Investment in unconsolidated affiliates  
Summarized applicable financial information of unconsolidated affiliates

Summarized applicable financial information of Sasol-Huntsman is presented below (dollars in millions):

 
  Year ended
December 31,
 
 
  2011(1)   2010  

Revenues

  $ 40   $ 108  

Gross profit

    7     14  

Net income

    (2 )   10  

(1)
Represents activity for the period from January 1, 2011 to the date of consolidation on April 1, 2011. No balance sheet information was presented due to the consolidation of Sasol-Huntsman in 2011.
Others
 
Investment in unconsolidated affiliates  
Summarized applicable financial information of unconsolidated affiliates

Summarized applicable financial information of our other unconsolidated affiliates is presented below (dollars in millions):

 
  December 31,  
 
  2012   2011   2010  

Assets

  $ 624   $ 621        

Liabilities

    257     285        

Revenues

    1,083 (1)   954   $ 936  

Net income

    17 (1)   22     10  

(1)
Contains activity for International Polyurethanes Investments B.V. for the period from January 1, 2012 to the date of consolidation on July 3, 2012.