Huntsman Appoints New President for Performance Products Division
June 10 2009 - 8:30AM
PR Newswire (US)
THE WOODLANDS, Texas, June 10 /PRNewswire-FirstCall/ -- Huntsman
Corporation (NYSE:HUN) today announced the appointment of Daniele
Ferrari as President of its Performance Products division. Mr.
Ferrari most recently served as the division's Vice President,
Europe, Middle East & Africa. He has over 20 years of
experience in the chemical industry. Don Stanutz, prior President
of Performance Products, will retire from Huntsman on June 15 after
fifteen years with Huntsman. Huntsman's President and CEO, Peter
Huntsman, said, "2008 was the strongest year yet for Performance
Products, in no small measure due to Don's able leadership. With
Daniele Ferrari's deep knowledge of the division and its
diversified portfolio of products and end markets, we are confident
in the continued success and growth of this division." Mr. Ferrari
commented, "I am delighted to take the helm of this exciting
division and to continue growing its expansive slate of innovative
products and its commitment to sustainable chemistry." 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 exceeding US$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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