EVERBERG, Belgium, June 11 /PRNewswire-FirstCall/ -- Huntsman
Corporation (NYSE: HUN) announced today that its Performance
Products division will increase prices in Europe for its polyetheramine, ethyleneamine
and carbonate products, as listed below. The increases will be
effective June 15, 2010, or as
applicable contracts allow:
JEFFAMINE® D series
amines:
|
50 - 100 Euros per
MT
|
|
JEFFAMINE® T series
amines:
|
75 - 100 Euros per
MT
|
|
All other
polyetheramines:
|
75 - 150 Euros per
MT
|
|
|
|
|
EDA, DETA &
TEPA:
|
200 Euros per
MT
|
|
TETA:
|
250 Euros per
MT
|
|
All other
ethyleneamines:
|
150 Euros per
MT
|
|
|
|
|
JEFFSOL®
carbonates:
|
75 - 100 Euros per
MT
|
|
|
|
John Smyth, Vice President, EMEA,
for the Huntsman Performance Products division said: "These price
increases are necessary to address the continuing increase in base
chemical prices and to ensure Huntsman can continue to invest in
these product lines, as shown by our new ethyleneamines plant in
Saudi Arabia and recent
announcements on polyetheramines expansions in both Llanelli,
Wales and Singapore".
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 11,000
employees and operates from multiple locations worldwide. The
Company had 2009 revenues of approximately $8 billion. For more information about Huntsman,
please visit the company's website at 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.
Note: JEFFAMINE and JEFFSOL are registered trademarks of
Huntsman Corporation or an affiliate thereof in one or more, but
not all, countries.
SOURCE Huntsman Corporation