EVERBERG, BELGIUM – The Performance Products division of Huntsman Corporation (NYSE:HUN) today announced that it has completed the expansion of its specialty amines manufacturing facility in Llanelli Wales. This expansion has increased capacity by more than 50%, primarily for JEFFAMINE® polyetheramines, Diglycolamine® Agent (DGA® Agent) and morpholine.
Stu Monteith, President of Huntsman Performance Products said: “Our existing global network of plants for these products is further strengthened by this successful expansion, which will continue to ensure that Huntsman remains strategically ahead of the demand curve for years to come.”
Apart from Llanelli, Huntsman also supplies these products from the United States (Port Neches and Conroe both in Texas) and Singapore (Jurong), with previously announced plans to build a plant in Saudi Arabia (Jubail).
Key markets for polyetheramines include epoxy composites and construction, while main applications for Diglycolamine® Agent (DGA® Agent) are gas treating and electronics. Morpholine is frequently used as an anti-corrosion agent in water treatment and in rubber accelerators and optical brighteners.
For more information, please visit Huntsman’s Performance Products website: http://www.huntsman.com/performance_products/
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 oper
ates from multiple locations worldwide. The Company had 2011 revenues of over $11 billion. For more information about Huntsman, please visit the company's website at www.huntsman.com.
Note to editors: JEFFAMINE® and Diglycolamine® Agent (DGA® Agent) are registered trademarks of Huntsman Corporation or an affiliate thereof in one or more, but not all, countries.
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. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.
CONTACT: Michael Scharf, +32 2 7589884