2011-02-17 22:54 
New Role Created to
Accelerate Business Growth in the Region
THE WOODLANDS, Texas, Feb. 17, 2011
/PRNewswire-Aisa/ -- Huntsman Corporation (NYSE:
HUN) today announced the appointment of Anthony P.
Hankins, President of the Company's Polyurethanes division, to the
new role of Chief Executive Officer, Asia Pacific.
The role has been created to provide
leadership and co-ordination of Huntsman's rapidly expanding
presence in the region and will be based in new regional
headquarters in Hong Kong. Mr. Hankins will facilitate the
corporate and cross-divisional activities required to deliver
growth, including investments and partnerships, strengthening the
Company's asset base, developing people capability and building
relationships with governmental organizations and other key
stakeholders.
Commenting on the appointment, Peter
R. Huntsman, President and Chief Executive Officer of Huntsman
Corporation said, “I am delighted that Tony Hankins is taking on
this important challenge. Asia Pacific already accounts for a
quarter of our global sales, but we have recognized that we need to
accelerate our investment in people and physical assets to
strengthen our long-term position in this exciting market. Tony has
extensive experience of working and living in the region, he has a
deep understanding of the Huntsman business and culture and so is
perfectly suited to guide this next stage development of our
Company in Asia.”
Mr. Hankins will continue as
President of the Polyurethanes division, which will relocate its
global headquarters from The Woodlands, Texas to Hong Kong during
the course of 2011.
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