Huntsman Announces 2008 Annual Meeting
October 06 2008 - 5:57PM
PR Newswire (US)
Meeting Delayed due to Pending Merger and Litigation THE WOODLANDS,
Texas, Oct. 6 /PRNewswire-FirstCall/ -- Huntsman Corporation
(NYSE:HUN) today announced that, in order to assure compliance with
annual meeting requirements of the New York Stock Exchange, it is
taking steps to hold its 2008 annual meeting of stockholders on
November 19, 2008. Peter R. Huntsman, President and CEO of Huntsman
Corporation, stated: "The annual meeting had been postponed pending
completion of the merger with Hexion, but in light of the delays
caused by the litigation initiated by Hexion, and in order to
assure compliance with annual meeting requirements, we are taking
steps to prepare to hold the annual meeting for 2008. We, of
course, are continuing to seek consummation of the merger and this
announcement nor our planning an annual meeting has any effect on
that." The exact time and location of the meeting will be included
in the definitive proxy statement, which will be filed with the
Securities and Exchange Commission and sent to stockholders prior
to the meeting. About Huntsman: Huntsman is a global manufacturer
and marketer of differentiated chemicals. Its operating companies
manufacture products for a variety of global industries, including
chemicals, plastics, automotive, aviation, textiles, footwear,
paints and coatings, construction, technology, agriculture, health
care, detergent, personal care, furniture, appliances and
packaging. Originally known for pioneering innovations in packaging
and, later, for rapid and integrated growth in petrochemicals,
Huntsman today has 13,000 employees and operates from multiple
locations worldwide. The Company had 2007 revenues of approximately
$10 billion. For more information about Huntsman, please visit the
company's website at http://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. 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. DATASOURCE: Huntsman Corporation
CONTACT: Media, Russ Stolle, +1-281-719-6624, or Investor
Relations, Kurt Ogden, +1-801-584-5959, both of Huntsman
Corporation Web site: http://www.huntsman.com/
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