10 Jul 06
Textile Effects Business Leader To Leave Huntsman

Departure will not impact integration of recent purchase into Huntsman business. 

Basel, Switzerland - Paul G. Hulme, President of the Huntsman Materials and Effects division, announced today that Eric Marohn, head of the recently acquired Textile Effects business, has decided to leave the company for personal reasons.

“We expected Eric to be with us for a long time and are surprised that he has chosen to leave the company,” said Mr. Hulme. “But we respect his decision and wish him well.”

Mr. Hulme will assume day-to-day responsibility for the Textile Effects business until the company can find a suitable replacement for Mr. Marohn.

“We have a strong and talented business team in place, and Eric’s departure will not impact in any way our transition plans or our timetable for smoothly and fully integrating the Textile Effects business into Huntsman,” said Mr. Hulme.

Huntsman is a global manufacturer and marketer of differentiated and commodity 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, rapid and integrated growth in petrochemicals, Huntsman today has 15,000 employees and 78 operations in 24 countries. The Company had 2005 revenues of $13 billion.

Michael Scharf
Tel: +32 475 380 629