Huntsman Corporation ( HUN - Free Report ) said that it is retaining the Textile Effects business and has excluded it from its planned spin-off of the Pigments and Additives division. The chemical maker also noted that the name of its planned spin-off will be "Venator Materials Corporation". Venator shares are expected to trade on the NYSE under the ticker "VNTR" following the distribution to Huntsman's shareholders, which has been targeted for second-quarter 2017.