THE WOODLANDS, Texas,
July 24, 2020 /PRNewswire/
-- Huntsman's Advanced Materials business is proud to announce
the expansion of our Pan-American business relationship with our
preferred distribution partner, Azelis Americas CASE, LLC in the US
and Azelis Canada, Inc. in Canada. With this agreement,
Azelis will lead the distribution arm of the Coatings, Adhesives,
Sealants & Elastomers (CASE) business for Advanced Materials,
both in the United States and
Canada. This differentiated
customer offer includes all of Huntsman's legacy CASE business and
CVC Thermoset Specialties product lines acquired in April of
2020.
"Huntsman and Azelis have enjoyed a successful business
relationship for almost 40 years. One of their primary strengths is
a commitment to unparalleled customer service throughout the sales
process," said Peter Huntsman Jr.,
Commercial Director, Americas for Huntsman's Advanced Materials
business. "This expanded agreement strengthens our reach to our
target markets in the United
States and Canada,
and we believe that Azelis will continue to establish Huntsman
as the leading provider of material solutions that creates mutual
value for our customers and our stakeholders."
Azelis is a leading distributor of specialty chemicals and food
ingredients present in over 50 countries across the globe, with
approximately 2,200 employees. Their knowledgeable teams of
industry, market and technical experts are each dedicated to a
specific market within Life Sciences and Industrial Chemicals. They
offer a lateral value chain of complementary products to about
40,000 customers, creating a turnover of $2.37 billion (2019). In the United States they operate under several
renowned co-brands that cater to the various markets in the
region.
Huntsman expects to complete formal agreements with Azelis in
the coming weeks. Azelis will be fully prepared to service their
expanded territory by October 1,
2020.
About Huntsman:
Huntsman Corporation (NYSE: HUN) is a publicly
traded global manufacturer and marketer of differentiated and
specialty chemicals with 2019 revenues of approximately
$7 billion. Our chemical
products number in the thousands and are sold worldwide to
manufacturers serving a broad and diverse range of consumer and
industrial end markets. We operate more than 70 manufacturing,
R&D and operations facilities in approximately 30 countries and
employ approximately 9,000 associates within our four distinct
business divisions. For more information about Huntsman, please
visit the company's website at www.huntsman.com.
Social Media:
Twitter: www.twitter.com/Huntsman_Corp
Facebook: www.facebook.com/huntsmancorp
LinkedIn: www.linkedin.com/company/huntsman
Forward-Looking Statements:
Certain information in this release constitutes forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
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
under the caption "Risk Factors" 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, volatile
global economic conditions, cyclical and volatile product markets,
disruptions in production at manufacturing facilities,
reorganization or restructuring of Huntsman's operations, including
any delay of, or other negative developments affecting the ability
to implement cost reductions, timing of proposed transactions, and
manufacturing optimization improvements in Huntsman businesses and
realize anticipated cost savings, and other financial, economic,
competitive, environmental, political, legal, regulatory and
technological factors. The company assumes no obligation to provide
revisions to any forward-looking statements should circumstances
change, except as otherwise required by applicable laws.
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SOURCE Huntsman Corporation