TIENEN, Belgium, June 13,
2024 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN)
officially opened a new innovation center in Tienen,
Belgium on June 13, 2024, strengthening its research and
development (R&D) capabilities and reinforcing its commitment
to its customers in the region.
The new 11,000-square-meter facility comprises a
world-scale analytical laboratory; two machine halls;
and fully equipped and automated product testing facilities.
Together, these assets boost Huntsman's ability to perform the
entire product innovation journey from the formulation of initial
ideas at lab scale through to the manufacture of novel systems and
samples ready for customers to trial.
The innovation center is home to more than 100 scientists from
the company's Polyurethanes and Performance Products businesses and
will support the application of Huntsman technologies in key
markets, including adhesives, coatings and sealants; automotive;
elastomers; energy; furniture and bedding, and insulation.
The inauguration event, which was attended by more than 100
customers, suppliers, the mayor of Tienen and business partners,
included presentations from Huntsman's Chairman and Chief Executive
Officer Peter Huntsman, and
Tony Hankins, President of
Huntsman's Polyurethanes business. It also included a tour of the
facility and live R&D demonstrations, and a formal ribbon
cutting ceremony.
"Today marks a significant milestone as we officially open the
doors to our new European innovation center, a facility dedicated
to creativity, collaboration and progress," Huntsman said. "We
already have a rich legacy of innovation in Belgium. This center reflects our continuing
commitment to exploring new ideas and turning imaginative concepts
into practical solutions that can make a positive impact in the
world."
Hankins further commented, "Fitted with the very latest
equipment and staffed by some of the best scientists in the world,
our Tienen site is a place where innovation can thrive, and where
we can find new meaningful ways for our chemistries to address the
sustainability challenges of tomorrow."
Huntsman is a leading global provider of innovative chemistries
that are critical to addressing some of the world's most pressing
sustainability challenges. The Polyurethanes division of Huntsman
is a global leader in MDI-based polyurethanes, serving more than
3000 customers in more than 90 countries worldwide. Huntsman
Performance Products manufactures amines, maleic anhydride and
carbonates for a wide range of consumer and industrial end markets
and sells over 800 products to more than 1000 customers
globally.
About Huntsman:
Huntsman Corporation is a publicly
traded global manufacturer and marketer of differentiated and
specialty chemicals with 2023 revenues of approximately
$6 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 60 manufacturing, R&D and
operations facilities in approximately 25 countries and employ
approximately 6,000 associates within our continuing operations.
For more information about Huntsman, please visit the company's
website at www.huntsman.com.
Social Media:
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www.twitter.com/Huntsman_Corp
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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.
While all the information and recommendations in this
publication are to the best of our knowledge, information and
belief accurate at the date of publication, NOTHING HEREIN IS TO BE
CONSTRUED AS A WARRANTY, EXPRESS OR OTHERWISE. HUNTSMAN
POLYURETHANES WARRANTS ONLY THAT ITS PRODUCTS MEET THE
SPECIFICATIONS AGREED WITH THE BUYER IN THE SALES CONTRACT.
TYPICAL PROPERTIES, WHERE STATED, ARE TO BE CONSIDERED AS
REPRESENTATIVE OF CURRENT PRODUCTION AND SHOULD NOT BE TREATED AS
SPECIFICATIONS. IN ALL CASES, IT IS THE RESPONSIBILITY OF THE
USER TO DETERMINE THE APPLICABILITY OF SUCH INFORMATION AND
RECOMMENDATIONS AND THE SUITABILITY OF ANY PRODUCT FOR ITS OWN
PARTICULAR PURPOSE. The sale of products referred to in this
publication is subject to the general terms and conditions of sale
of Huntsman International LLC or of its affiliated companies.
© 2024. Huntsman Corporation or an affiliate
thereof. All rights reserved.
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SOURCE Huntsman Corporation