Huntsman Announces Price Increases for all of its Titanium Dioxide Pigments in Asia-Pacific, Africa, Latin America and the Middle East.
BILLINGHAM, UK – The Pigments division of Huntsman Corporation (NYSE:HUN) today announced price increases for all its titanium dioxide pigments in Asia-Pacific, Africa, Latin America and the Middle East. The following increases are effective March 1, 2011 or as contracts allow:
Asia-Pacific: $200 (USD) per tonne
Africa, Latin America and Middle East: $200 (USD) per tonne
These price increases are in addition to all price increases previously announced in these regions.
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, finan
cial, 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.
Business Enquiries: Mahomed Maiter VP, Global Sales & Marketing
Tel: +44 (0)1642 376243
Media Enquiries: Karen Fenwick Senior Manager, Business Communications
Tel: +44 (0)1642 376764