MUMBAI, India, Nov. 4, 2014 /PRNewswire/ -- Huntsman
Corporation (NYSE: HUN) today inaugurated its new India corporate office, in Andheri,
Mumbai. The 220,000 square feet,
seven story building will initially house some 300 Huntsman
associates, including over 100 technical staff spread across three
floors of state-of-the-art laboratory and research facilities.
The ceremony was led by Peter R.
Huntsman, President and Chief Executive of the Huntsman
Corporation, and was attended by Huntsman officers, associates,
customers, suppliers and other key stakeholders.
Commenting on the importance of the new headquarters to
Huntsman's ambitions in the Indian subcontinent, Peter R. Huntsman said "This opening is an
important milestone in our continued growth and commitment to the
Indian market. Our family and employees have been building a
business in the Indian subcontinent for over 25 years and today
enjoy a strong, profitable and growing organization in excess of
$500 million. Our continued
success will depend on the quality and creativity of our local
associates and this site will enable better technical, customer
service, and development opportunities going forward. Many of
our products and innovations are unique to the subcontinent's
needs. We look forward to seeing continued growth as this market
expands."
Paul Hulme, Huntsman Senior
Corporate Officer for the region, said "We are looking forward to
welcoming customers, suppliers and other business partners to the
new premises. I am confident that the investment we have made in
facilities and people will stand us in good stead for many years as
we continue to develop strong strategic partnerships with our
customers and continue to grow our business across all five of
Huntsman's business divisions."
Huntsman has sales of approximately $500
million in the subcontinent, and has more than 1,000
associates based in the region. It has manufacturing facilities in
Baroda and Ankleshwar in Gujarat, manufacturing textile chemicals
and dyes and surfactants, and in Pune, manufacturing polyurethane systems.
About Huntsman:
Huntsman Corporation is a publicly
traded global manufacturer and marketer of differentiated chemicals
with 2013 revenues of approximately $13
billion including the acquisition of Rockwood's performance
additives and TiO2 businesses. 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 100 manufacturing and R&D
facilities in more than 30 countries and employ approximately
15,000 associates within our 5 distinct business divisions.
For more information about Huntsman, please visit the company's
website at www.huntsman.com.
Social Media:
Twitter: twitter.com/Huntsman_Corp
Facebook: www.facebook.com/huntsmancorp
LinkedIn: www.linkedin.com/company/huntsman
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. In addition, the completion of any transactions described
in this release is subject to a number of uncertainties and closing
will be subject to approvals and other customary conditions.
Accordingly, there can be no assurance that such transactions will
be completed or that the company's expectations will be realized.
The company assumes no obligation to provide revisions to any
forward-looking statements should circumstances change, except as
otherwise required by applicable laws.
SOURCE Huntsman Corporation