Huntsman Launches New JEFFADD™ Bio-Based Polyol For Polyurethanes

The Woodlands, TX – The Performance Products division of Huntsman Corporation (NYSE:HUN) today announced the commercial availability of a new, bio-based polyol for the polyurethanes industry. Derived from a renewable vegetable oil, JEFFADD™ B650 bio-based polyol is aimed at the polyurethane spray foam, rigid foam, coatings and adhesives and sealants markets, as well as at hybrid polyureas.

“As one of the world’s largest producers of polyurethane catalysts with our JEFFCAT® catalyst range, we are delighted to bring JEFFADD™ B650 bio-based polyol to our portfolio of products for the polyurethanes industry,” said Stu Monteith, Vice President, Specialties for Huntsman’s Performance Products division.  He added: “This new product addresses the need for a functional, cost-effective and renewable polyol for water-blown spray foam and other polyurethane applications and it gives formulators the opportunity to produce value-added products with renewable content.”

JEFFADD™ bio-based polyol differs from other renewable polyols by being miscible with water, as well as other commonly used polyols, making it ideal for water-blown and water-based systems.  In addition, it is free from odor and acidity, has a reactivity comparable to that of Mannich polyols and can improve product properties such as abrasion resistance in coatings applications.

About Performance Products division

Huntsman’s Performance Products division is a global producer of chemical intermediates primarily based on amines, carbonates, surfactants and maleic anhydride, whose effects provide competitive advantages for customers. Amines are prominent in epoxy curing, fuel and lube additives and construction.  Carbonates are used in leading-edge technologies such as lithium ion batteries and electronics. Surfactants play key roles in cleaning and personal care products, the oil industry and agriculture.  Maleic anhydride’s main use is in unsaturated polyester resin for housing, automotive and the marine industry. The Performance Products division operates 16 manufacturing sites around the world.

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 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

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 comple ted 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.

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Note: JEFFADD is a trademark of and JEFFCAT is a registered trademark of Huntsman Corporation or an affiliate thereof in one or more, but not all, countries.

Michael Scharf 
+ 32 2 7589884