NEWS
23 Aug 16
Huntsman to Install State-Of-The-Art Honeycomb Composite Spray Molding Equipment at Auburn Hills Technical Center

THE WOODLANDS, Texas — Huntsman Corporation (NYSE: HUN) announced that its Polyurethanes division is installing a honeycomb panel composite spray molding production cell at its Auburn Hills, Michigan technical center to support the company’s expanding automotive and industrial businesses.

The new Hennecke HK metering machine for PUR composite spray molding (CSM) will allow customers in the Americas market to develop and prototype honeycomb panel composite spray moldings, which are most commonly used in the parcel trays, sun shades and cargo area load floors.

The CSM machine will be commissioned in late September. Development programs for interested customers are scheduled to begin in early October.

“Installing this CSM work cell increases the wide range of quality composite solutions that Huntsman Polyurethanes can provide to the transportation market. This should also help customers shorten their development cycle, and allow them to conduct pilot scale production of parts and systems before going into full-scale manufacturing,” said David Bareis, Market Development Manager, Polyurethane Composites, Huntsman Polyurethanes. “The purchase and installation of this equipment is another example of how Huntsman’s Polyurethanes and Advance Materials divisions are increasing the Company’s capabilities and establishing a composites center of excellence at its technical site in Auburn Hills.”

The honeycomb composite panels are commonly manufactured for non-structural automotive applications using glass-fiber (mat/fabric) with a paper honeycomb core. “The market for this technology is firmly established in Europe, but it is growing very rapidly in the Americas,” said Randy Wellman, Automotive Business Manager, Huntsman Polyurethanes. “We intend to use this new equipment for the known industry applications, but we will also extend the technology with our VIT ROX® polyurethane and Araldite® epoxy chemistries to advanced honeycomb structural components using carbon fiber and high performance honeycomb cores.”

Huntsman’s Polyurethanes and Advanced Materials divisions will discuss the new Hennecke CSM machine, its functionality and the company’s expanding automotive capabilities at the Society of Plastics Engineers (SPE) Automotive Composites Conference & Exhibition (ACCE), Sept. 7-9 at the Diamond Banquet & Conference Center in Novi, Michigan. Additionally, SPE ACCE attendees can meet with Huntsman’s technical experts and program managers to learn more about the Company’s VITROX® and RIMLINE® polyurethane resins, as well as its full line of Araldite® epoxy resins and adhesives at Huntsman’s booths # P14 and P15.

VITROX®, RIMLINE® and Araldite® are registered trademarks of Huntsman Corporation or an affiliate thereof in one or more, but not all, countries.

About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated chemicals with 2015 revenues of approximately $10 billion. 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 approximately 30 countries and employ approximately 15,000 associates within our 5 distinct business divisions. For more information about Huntsman, please visit the company's website at www.huntsman.com.

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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 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.

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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.