Jon Huntsman Funds Charitable Donations With Share Proceeds
September 04 2009 - 6:38PM
PR Newswire (US)
THE WOODLANDS, Texas, Sept. 4 /PRNewswire-FirstCall/ -- Huntsman
Corporation (NYSE:HUN) today announced that Jon M. Huntsman, its
Chairman and Founder, sold 1.9 million shares of the company in
order to honor charitable commitments and other obligations. Jon M.
Huntsman stated: "I'm selling a small percentage of total holdings.
The sale is necessary to complete charitable commitments that were
made several years ago and other obligations. My confidence in the
future of Huntsman Corporation has never been higher." 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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