Huntsman Recycles the Equivalent of Approximately One Billion Plastic Bottles into its TEROL® Performance Polyols Line
FOR IMMEDIATE RELEASE
Oct. 5, 2015
The Woodlands, Texas
THE WOODLANDS, Texas – Huntsman Corporation (NYSE: HUN) announced that its Polyurethanes Division recycled the equivalent of nearly 1 billion 500ml plastic bottles into its TEROL® aromatic polyester polyols line in 2014. As part of Huntsman’s commitment to sustainability, the TEROL line incorporates pre-consumer, post-consumer and renewable content equivalent to recycled polyethylene terephthalate (PET) plastic bottles.
According to Stanford University, on average, it takes 76 percent less energy to produce a product from recycled plastic than from raw materials.
“Given concerns for the environment, polyurethane raw materials that contain recycled and renewable content can help contribute to more sustainable products and end uses,” said Les Yamato, Business Manager, TEROL Polyols, Huntsman Polyurethanes.
To determine these figures for its Underwriters Laboratories (UL) Environment audit purposes, Huntsman Polyurethanes reviewed the total PET bottles it used in 2014. Taking an average bottle weight of 10 grams per water bottle and 453.6 grams per pound, the final numbers totaled almost 1 billion 500 ml PET bottles.
PET is one of the world’s most widely produced plastics, used in fibers for textiles, bottles for drinks and water, films for packaging, and other industrial and consumer uses. Any form of PET can be used for the manufacture of aromatic polyester polyols via the trans-esterification process.
Late last year, Huntsman became the first U.S. polyol manufacturer to receive the UL Environment certification for one of its polyols – TEROL 563 aromatic polyester polyol.
With hydroxyl values ranging from 120 to 350, Huntsman offers one of the broadest ranges of aromatic polyester polyols for rigid foam thermal insulation applications. Additionally, Hunts
man’s polyol solutions can be tailored to meet customer specifications across the insulation value chain, including boardstock, SPF, insulated metal panels, structural insulated panels, appliances and commercial refrigeration.
VITROX® is a registered trademark of Huntsman Corporation or an affiliate thereof in one or more, but not all, countries.
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated chemicals with 2014 revenues of approximately $13 billion including the acquisition of Rockwood’s performance additives and titanium dioxide businesses. 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 100 manufacturing and R&D facilities in more than 30 countries and employ approximately 16,000 associates within our 5 distinct business divisions. For more information about Huntsman, please visit the company's website at www.huntsman.com.
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 operatio
ns, 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.
While all the information in this publication is to the best of our knowledge, accurate at the date of publication, nothing herein is to be construed as a warranty, expressed or otherwise. In all cases, it is the responsibility of the user to determine the applicability of such information and the suitability of any products 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.