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. As of December 31, 2008, Huntsman had approximately 12,600 employees and operates from multiple locations worldwide. The Company had 2008 revenues of approximately $10 billion.
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| Date | Title | | | 06/23/09 | Huntsman Reaches Settlement With Banks for $1.73 Billion of Cash and Financing| THE WOODLANDS, Texas, June 23 /PRNewswire-FirstCall/ -- Huntsman
Corporation (NYSE: HUN) today announced it has reached agreement with Credit
Suisse and Deutsche Bank (the "Banks") to settle Huntsman's claims and end the
ongoing trial against them in Texas state court for fraud and tortious
interference in connection with Huntsman's terminated merger agreements with
Basell and Hexion Specialty Chemicals, Inc.
Under the terms of the settlement agreement, the Banks are providing the
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|  | | 06/22/09 | Huntsman Acquires Baroda Division of Metrochem Industries| BASEL, Switzerland and BARODA, India, June 22, 2009 /PRNewswire-FirstCall via COMTEX/ -- Huntsman Corporation (NYSE: HUN) today announced the acquisition of the Baroda Division of Metrochem Industries, a manufacturing facility for the production of intermediates and specialty products for textiles, located in Baroda, India. The Baroda Division today has more than 700 employees and contractors, and current annual sales of approximately 2.4 billion rupees.
"This acquisition is a major milestone i... |
| | | 06/11/09 | Huntsman Obtains Court Order Against Kiri Dyes, India| BASEL, Switzerland, June 11, 2009 /PRNewswire-FirstCall via COMTEX/ -- The Textile Effects division of Huntsman Corporation (HYSE: HUN) today announced it has obtained an order from the High Court of Mumbai against Kiri Dyes & Chemicals Ltd, a manufacturer of reactive dyes in India, for infringing a patent belonging to Huntsman. In his ex-parte order dated May 7, 2009, Judge A. P. Deshpande prohibits Kiri from marketing or selling Reactive Super Black G that violates Huntsman's patent on Huntsm... |
| | | 06/10/09 | Huntsman Appoints New President for Performance Products Division| THE WOODLANDS, Texas, June 10 /PRNewswire-FirstCall/ -- Huntsman
Corporation (NYSE: HUN) today announced the appointment of Daniele Ferrari as
President of its Performance Products division.
Mr. Ferrari most recently served as the division's Vice President, Europe,
Middle East & Africa. He has over 20 years of experience in the chemical
industry.
Don Stanutz, prior President of Performance Products, will retire from
Huntsman on June 15 after fifteen years with Huntsman.
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