Huntsman Launches New Bio-Based Glycerine Carbonate Product
March 09 2009 - 8:30AM
PR Newswire (US)
THE WOODLANDS, Texas, March 9 /PRNewswire-FirstCall/ -- Huntsman
Performance Products, a division of Huntsman Corporation
(NYSE:HUN), today announced the commercial availability of its new
specialty carbonate, JEFFSOL(R) Glycerine Carbonate. Manufactured
by Huntsman using the glycerine co-product of bio-diesel, JEFFSOL
Glycerine Carbonate is a bio-based specialty chemical useful as a
reactive intermediate and as a solvent. It can be polymerized or
reacted with isocyanates or acrylates for applications in coatings,
adhesives and lubricants. Its excellent solvency also makes it
attractive for personal care applications, among others. "As one of
the world's largest producers of alkylene carbonates, we are
pleased to add JEFFSOL Glycerine Carbonate to our portfolio of
carbonate products," said Stu Monteith, Vice President of
Performance Specialties. "This new product offers formulators the
ability to produce value-added products with renewable content, and
addresses a real need in the marketplace for a functional, cost
effective, renewable intermediate." Huntsman's complete product
line of carbonates includes JEFFSOL Propylene Carbonate,
ULTRAPURE(R) Propylene Carbonate, JEFFSOL Ethylene Carbonate,
ULTRAPURE Ethylene Carbonate, and JEFFSOL Glycerine Carbonate. For
more information, please visit Huntsman's Coatings, Polymers and
Resins website at: http://www.huntsman.com/cpr. 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 more
than 12,000 employees and operates from multiple locations
worldwide. The Company had 2008 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 for Huntsman
Corporation Web Site: http://www.huntsman.com/
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