Huntsman launches new generation of branded adhesive products for the global engineered wood panel industry
The Woodlands, TX – The Polyurethanes division of Huntsman Corporation (NYSE:HUN) today announced the launch of a new generation of branded adhesive products for the global engineered wood panel industry.
I-BOND® adhesives are a family of MDI-based, zero-added formaldehyde resins for use in the manufacture of oriented strand board (OSB), medium density fiberboard (MDF), particleboard (PB) and wood fiber insulation board (WFIB). I-RELEASE® release agents can be utilized on either continuous or multi-daylight presses and can be applied either internally or externally.
“These new product brands show our commitment to the engineered wood panel industry by continuing to develop innovative, specialty grades of MDI adhesives, supported by a complementary range of release agents” said Greg Geaman, Vice President Americas for Huntsman’s Polyurethanes division and global sponsor for the division’s engineered wood panels business.
“Our latest generation of fast cure and emulsifiable I-BOND® adhesive resins and our new range of complementary I-RELEASE® release agents, are the latest step in our determined strategy to give customers the tailored products they need to solve specific problems and reach new markets, whilst increasing their profitability” he added.
The new product brands will be supported in the market by Huntsman’s service-oriented team of composite wood panel experts, including dedicated industrial hygiene specialists.
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 13,000 employees and operates from multiple locations worldwide. The Company had 2007 revenues of approximately $10 billion. For more information about Huntsman, please visit the company’s website at www.huntsman.com.
Forward Looking Statement:
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 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 c
hange, except as otherwise required by applicable laws.
Note to editors: I-BOND® and I-RELEASE® are registered trademarks of Huntsman Corporation or an affiliate thereof in one or more, but not all countries.
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