Foresight, History Allow Huntsman to Stay Ahead of Polyetheramine Demand

Huntsman, January 10th, 2007

Foresight, History Allow Huntsman to Stay Ahead of Polyetheramine Demand

2007 Production to Increase to 30M Pounds of JEFFAMINE® Products Annually

THE WOODLANDS, TEXAS - Construction of Huntsman Corporation’s (NYSE: HUN) first Asia Pacific polyetheramines site, which broke ground on November 30, 2005, is on schedule and expected to be in commercial production in third quarter 2007.

Because of its long standing leadership position in the polyetheramine business, Huntsman will continue meeting the global market’s demand for JEFFAMINE® products when its new manufacturing facility in Jurong Island, Singapore, begins operation during 2007.

“Our history as a polyetheramine producer gives us the ability to see trends that a lesser tenured producer would not see. Being a dependable source of polyetheramines for the U.S. and European markets, we could see the growth potential, especially in epoxy curatives and polyurea coatings,” said Don Stanutz, President of Huntsman’s Performance Products division. “Completion of the Singapore plant will significantly increase our capacity and give us a truly global platform for the manufacture and marketing of this specialty product. With a world class infrastructure, highly skilled workforce, strong intellectual property protection and excellent connectivity, this new facility is an important factor in helping us continue to support our customers’ global growth.”

Singapore update010907 final Singapore_Update010907_Final.pdf

Back