Industry News

Huntsman Opens Service Center in Warsaw to Strengthen its PU Products Portfolio in Europe

Published on 2012-04-18. Author : SpecialChem

EVERBURD, Belgium -- Huntsman Corporation is opening a new service center in Warsaw, Poland, strengthening the capabilities of its Polyurethanes and Performance Products businesses across Central and Eastern Europe, and the Baltics - territories where MDI demand is growing steadily.

Located in the commercial district of Warsaw - close to the airport and Huntsman's major local customers - the service center includes a sales office, an analytical laboratory, and a meeting facility. A warehouse will also open on site in due course.

Poland has a fast growing economy, making it an extremely attractive place to do business and the logical location for a commercial gateway into Eastern Europe. In the polyurethanes industry, local demand for MDI is increasing at a rate of more than 10% per annum.

Nick Webster, Vice President Europe of Huntsman Polyurethanes, said: "With a new service center open for business we will be in a prime position to respond to customer requests quickly and efficiently - increasing our foothold and enabling us to pursue the significant diversified growth opportunities that exist locally."

About Huntsman

Huntsman is a global manufacturer and marketer of differentiated chemicals. Our 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 has approximately 12,000 employees and operates from multiple locations worldwide. The Company had 2011 revenues of over $11 billion.

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

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