THE WOODLANDS, Texas,
Aug. 12, 2015 /PRNewswire/ --
Huntsman Corporation (NYSE: HUN)
Speaking at the Jefferies 2015 Industrials Conference yesterday,
Peter Huntsman, our President and
CEO, reaffirmed the following points:
- We continue to expect that cash flow will improve approximately
$300 million in 2016.
- We remain committed to a separation of the Pigments and
Additives business by the end of 2016 and are actively exploring
additional possibilities outside of an initial public offering that
may be completed sooner to enhance greater shareholder value.
A webcast replay of the full presentation can be found at
ir.huntsman.com.
About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer
and marketer of differentiated chemicals with 2014 revenues of
approximately $13 billion including
the acquisition of Rockwood's
performance additives and titanium dioxide 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 16,000 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. The
company assumes no obligation to provide revisions to any
forward-looking statements should circumstances change, except as
otherwise required by applicable laws.
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visit:http://www.prnewswire.com/news-releases/huntsman-reaffirms-2016-strategic-initiatives-300127698.html
SOURCE Huntsman Corporation