SHANGHAI, Feb. 16, 2012/PRNewswire-Asia/ --
Huntsman Corporation (NYSE: HUN) today held a groundbreaking
ceremony for its new Asia Pacific Technology Center (ATC) in
Shanghai's Minhang Economic & Technological Development Zone.
The $40 million facility is designed to support the Asia Pacific
region's rapidly growing demand for world-class technology and
innovation. The new ATC will be operational by
mid-2013.
"The center will focus on supporting Asia's
fast-growing industries, including developing cutting-edge
energy-saving material solutions for strategic emerging industries
as outlined in China's 12th Five-Year Plan," emphasized Anthony P
Hankins, Huntsman's CEO Asia Pacific at the
ceremony.
The new ATC will form an integrated technology and
innovation campus together with the existing technology center that
was opened in September 2008. The state-of-the-art facility will
include machine halls, laboratories and offices and accommodate up
to 400 technical experts from different business units and will
compliment existing Technology Centers in The Woodlands, Texas and
Brussels, Belgium as well as smaller regional
centers.
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 approximately 12,000 employees and operates from multiple
locations worldwide. The Company had 2010 revenues of over $9
billion. For more information about Huntsman, please visit the
Company's website at www.huntsman.com.
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SOURCE: Huntsman