THE WOODLANDS, Texas,
Feb. 4, 2011 /PRNewswire/ -- Huntsman
Corporation (NYSE: HUN) today announced the appointment of
Stu Monteith as President of its
Performance Products division. He replaces Daniele Ferrari who has resigned to pursue other
business opportunities.
Mr. Monteith most recently served as the division's Vice
President for Global Markets and Business Development. He joined
Huntsman in 1994 and has more than 30 years' experience in the
chemical industry.
Peter Huntsman, President and CEO
of Huntsman Corporation, said: "We wish Daniele success in his new
responsibilities. He leaves Huntsman with our highest regards. His
successor, Mr. Monteith, brings years of leadership, creativity and
success to this new position. Under his stewardship, we look
forward to continued growth and opportunity in what has become one
of our most valuable businesses."
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 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.
SOURCE Huntsman Corporation