HUN Huntsman Corporation

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 15, 2014

 

 

Huntsman Corporation

(Exact name of registrant as specified in its charter)

 

 

 

Registrant’s telephone number, including area code:

(801) 584-5700

 

Not applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o             Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o             Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o             Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o             Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 7.01 Regulation FD.

 

On August 15, 2014, Huntsman Corporation (the “Company”) issued a press release announcing that it experienced an unplanned manufacturing disruption on a production unit at its facility in Port Neches, Texas. A copy of the press release is furnished herewith as Exhibit 99.1.

 

In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K under this heading, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth in such a filing.

 

Item 9.01. Financial Statements and Exhibits.

 

(d)                Exhibits.

 

Number		Description of Exhibits
99.1		Press Release dated August 15, 2014

 

2

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

	HUNTSMAN CORPORATION
	/s/ KURT D. OGDEN
	Vice President, Investor Relations

 

 

Dated: August 15, 2014

 

3

 

EXHIBIT INDEX

 

Number		Description of Exhibits
99.1		Press Release dated August 15, 2014

 

4

Exhibit 99.1

 

 

News Release

 

FOR IMMEDIATE RELEASE		Investor Relations:		Media:
August 15, 2014		Kurt Ogden		Gary Chapman
The Woodlands, TX		(801) 584-5959		(281) 719-4324
NYSE: HUN

 

HUNTSMAN ANNOUNCES MANUFACTURING DISRUPTION AT

PORT NECHES, TEXAS FACILITY

 

The Woodlands, TX – Huntsman Corporation (NYSE: HUN) announced today that it experienced an unplanned manufacturing disruption on a production unit at its facility in Port Neches, Texas.  There were no injuries resulting from the incident.

 

The disruption occurred on Thursday August 14 and was caused by equipment failure.

 

The Port Neches facility manufactures methyl tertiary butyl ether (MTBE), propylene oxide (PO) and propylene glycols (PG).  The manufacturing disruption also impacts internal PO supply to downstream MDI systems, amines, surfactants and propylene oxide derivatives.  The affected unit is expected to be off-line for two to three weeks, with an estimated negative impact of $30 million EBITDA for Huntsman’s Polyurethanes and Performance Products divisions.

 

It is yet to be determined whether this will impact the planned maintenance scheduled for the first half of 2015.

 

About Huntsman:

 

Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated chemicals with 2013 revenues of over $11 billion. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets.  We operate more than 80 manufacturing and R&D facilities in 30 countries and employ approximately 12,000 associates within our 5 distinct business divisions.  For more information about Huntsman, please visit the company’s website at www.huntsman.com.

 

Forward-Looking Statements:

 

Statements in this release that are not historical are forward-looking statements. These statements are based on management’s current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company’s operations, markets, products, services, prices and other factors as discussed in the Huntsman companies’ filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, financial, economic, competitive, environmental, political, legal, regulatory and technological factors.  The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.