Jon M. Huntsman, founder of our company, passed away on Feb. 2, 2018.
• Peter Huntsman is appointed Chairman of the Board.
• Huntsman Corporation spun off its Pigments and Additives division as Venator Materials Corporation (“Venator”) in an initial public offering on Aug. 8.
• Huntsman completes the sale of its European surfactants business to Innospec Inc. for an enterprise value of $225 million.
• Huntsman inaugurates the Huntsman Campus Shanghai in the Minhang Economic & Technological Development Zone. The Campus brings together all of Huntsman’s Shanghai employees in one location, with the objective of significantly boosting collaboration and synergies within the Business.
• J. Kimo Esplin is appointed Executive Vice President, Strategy and Investment, and Sean Douglas is appointed Executive Vice President and Chief Financial Officer.
• Huntsman Polyurethanes wins a prestigious Supplier Innovation Award from BMW Group for developing a technology which dramatically reduces total emissions from the high performance polyurethane seating foam used in its vehicles.
• Rohit Aggarwal is named president of Huntsman’s Textile Effects division.
• Scott Wright is named president of Huntsman’s Advanced Materials division.
• Huntsman acquires Tecnoelastomeri, a manufacturer and marketer of methylene diphenyl diisocyanate (MDI) based hot-cast elastomer systems and processing machines, based in Modena, Italy.
• Monte Edlund becomes president of Huntsman’s Performance Products division (HPP).
• Huntsman announces it will begin construction on a 25,000-ton capacity expansion program at its world-scale polyetheramine facility in Singapore, taking total capacity to 50,000 tons.
• Huntsman opens new thermoplastic polyurethanes (TPU) production facility in Shanghai, China.
• Wilmar closes deal on purchase of Huntsman’s European commodity surfactants business.
• Huntsman completes acquisition of Rockwood’s Performance Additives and Titanium Dioxide businesses. The acquisition makes Huntsman the largest color and white pigments company in the world.
• Huntsman completes acquisition of U.S. polyols manufacturer, Oxid L.P., a manufacturer and marketer of specialty urethane polyols in Houston, Texas. Oxid markets its diverse product line of specialty polyols under the trademark TEROL® and distributes product worldwide from its manufacturing facility in Houston.
• Huntsman extends its Asia Pacific Technology Center in Shanghai.
• Huntsman completes the year with record earnings and personal safety achievements.
• Huntsman’s Polyurethanes Division forms a joint venture with Sinopec to construct and operate a PO/MTBE facility in China.
• Huntsman’s Performance Products Division completes the expansion of its specialty amines manufacturing site in Llanelli, Wales.
• Huntsman acquires the remaining ownership of Russian joint venture Huntsman NMG, a leading supplier of polyurethane systems to the adhesive, coatings and footwear markets in eastern Europe.
• Huntsman approves investment for new magnesium sulfate fertilizer plant at its titanium dioxide (TiO2) pigments manufacturing site in Calais, France.
• Huntsman appoints Anthony P. Hankins as Huntsman’s first CEO for the Asia Pacific region.
• Huntsman acquires Indian chemical producer Laffans Petrochemicals Ltd., taking ownership of the manufacturer’s 60ktes ethylene oxide derivatives facility in Ankleshwar, Gujarat.
• Huntsman announces acquisition of EMA Kimya Sistemier Sanayi ve Ticaret A.S., a polyurethanes systems house in Istanbul, Turkey.
• Huntsman pledges to uphold the United Nations Global Compact's Ten Principles supporting human rights, fair labor practices, environmental protection and anti-corruption, and promises to make the Ten Principles part of the business strategy and daily operations.
• Huntsman celebrates the 40th anniversary of establishment of it’s first business, Huntsman Container Corporation.
• Huntsman announces Chinese polyols joint venture with Jurong Ningwu Chemical Company.
• Huntsman and Zamil Group announce completion of new ethyleneamines plant in Saudi Arabia.
• Huntsman's Textile Effects Division acquires the Baroda Division of Metrochem Industries, marking realignment of Huntsman's manufacturing footprint towards Asia.
• Huntsman closes Australian Styrenics operations at West Footscray.
• Huntsman Textile Effects completes its strategic reorganization and establishes new headquarters in Singapore.
• Huntsman reaches agreement with Credit Suisse and Deutsche Bank to settle Huntsman’s claims against them in connection with Huntsman’s terminated merger agreements with Basell and Hexion. The settlement comprised $1.73 billion in cash and financing, which Huntsman used to reduced debt and enhance liquidity.
• Huntsman opens the new Asia Pacific Technology Center (ATC) in Shanghai, providing world class innovation locally. Huntsman and Al-Zamil Group began construction of Arabian Amines Company site in Jubail, Saudi Arabia.
• Jon M. Huntsman becomes Executive Chairman.
• Huntsman terminates the Hexion merger agreement and settles with Hexion and Apollo for $1 billion.
• Huntsman Chemical Company Australia Pty Ltd (HCCA), a part of Huntsman's Base Chemicals and Polymers division, completes the sale of its Polyester Resins (composites) business assets to Nuplex Industries Ltd.
• Huntsman stockholders vote to approve the merger agreement with Hexion Specialty Chemicals, Inc. (Hexion).
• Huntsman completes the sale of its Base Chemicals business to Flint Hills Resources, LP, an independent, wholly owned subsidiary of Koch Industries, Inc.
Huntsman successfully launches an Initial Public Offering of Huntsman shares on the New York Stock Exchange.
• Huntsman acquires the global Textile Effects business of Ciba Specialty Chemicals Inc.
• Huntsman completes the sale of its UK-based European commodity chemicals business to Saudi Basic Industries Corporation (SABIC).
Huntsman announces plans to build the world's largest low-density polyethylene (LDPE) manufacturing facility, at Wilton, on Teesside in the U.K.
Huntsman gains full operational and financial control of the Vantico group and renames it Huntsman Advanced Materials.
• Launch of Huntsman's historic new £58 million pigments plant at Greatham, United Kingdom.
• Chinese Government approves Huntsman's plan to build MDI plant in Shanghai, China.
• Huntsman doubles its global surfactant business with the purchase of Albright and Wilson's European surfactant business.
• Huntsman Cancer Institute breaks ground for state-of-the-art cancer research hospital. Phase II of the Institute to provide integrated care.
• Acquisition of Orica's polyurethane business in Australia is concluded.
• Jon M. Huntsman gives another $125 million to the Huntsman Cancer Institute to fund ongoing cancer research and to help construct a clinical research hospital.
• Huntsman Packaging is sold to Chase Capital Partners and renamed Pliant Corporation.
• Peter R. Huntsman is appointed President and CEO; Jon M. Huntsman continues as Chairman.
• Huntsman announces global reorganization of the company into four distinct businesses: Huntsman Specialty Chemicals, Huntsman Tioxide, Huntsman Petrochemicals and Huntsman Surface Sciences.
• The company completes purchase of the thermoplastic polyurethanes (TPU) business from Rohm and Haas.
• Jon M. Huntsman dedicates the new Huntsman Village School in Gyumri, Armenia, the city hardest hit by the 1988 earthquake.
• Huntsman Corporation nearly doubles in size with the acquisition of Imperial Chemical Industries' polyurethanes, titanium dioxide, aromatics and petrochemical global businesses.
• Joint venture, Condea-Huntsman, starts up new maleic anhydride manufacturing facility in Moers-Meerbeck, Germany.
• Huntsman Cancer Institute is dedicated, offering New Hope in cancer research and treatment.
• Jon M. Huntsman opens a new state-of-the-art roof tile factory in Yerevan, Armenia.
• Huntsman offers cancer screening program to adult residents of Ector County, Texas.
• Jon M. Huntsman gives $40 million to The Wharton School of the University of Pennsylvania; the largest single donation ever made to a business school.
• Huntsman sponsors free cancer screenings for all adult residents of Jefferson County, Texas.
• Huntsman commissions a new linear low-density polyethylene plant at the company's Odessa, Texas site.
• The corporation purchases one of Australia's largest specialty chemicals business, Orica Australia Pty. Limited.
• Huntsman sells the North American and European styrenics businesses to Nova Chemical Corporation.
• Huntsman Corporation purchases Texaco's propylene oxide and MTBE business in Port Neches, Texas.
• The company completes acquisition of Rexene Corporation, a producer of olefins, styrene and a variety of performance polymers.
• Huntsman expands its European performance chemicals business with the acquisition of Nitroil R.t. in Hungary.
• Huntsman brings all operating entities under a single management company known as Huntsman Corporation.
• Huntsman Corporation names Peter R. Huntsman (second eldest son of Jon M. Huntsman) as President and Chief Operating Officer.
• Huntsman's Austin, Texas Laboratories receives the prestigious Governor's Award for Environmental Excellence.
• The company licenses its fixed-bed maleic anhydride processing technology; the first time since acquiring the assets in 1993.
• Huntsman acquires Novacor Chemicals Inc.'s Marysville, Michigan polypropylene business.
• Jon M. Huntsman announces the contribution of $100 million to the Huntsman Cancer Institute, the largest financial contribution ever to medical research in America.
• Huntsman acquires the worldwide operations of Texaco Chemical Company for $1.1 billion, more than doubling the company's operating earnings.
• Huntsman completes purchase of Eastman Chemical Company's polypropylene business in Longview, Texas.
• The company starts up the cyclohexane manufacturing unit at its Port Arthur, Texas facility.
• Five years after the devastating earthquake in Armenia, the Huntsman family provides food relief for over 50,000 Armenian people still homeless from the tragedy.
• Jon M. Huntsman establishes the Huntsman Cancer Institute at the University of Utah, Salt Lake City, with an initial pledge of $10 million.
• The company closes on its chemical and plastics joint venture in Australia known as Huntsman Chemical Company Australia Limited.
• Huntsman purchases the linear alkyl benzene (LAB) and maleic anhydride business from Monsanto, with plants in Texas and Florida.
Huntsman acquires Goodyear Tire and Rubber Company's North American film and flexible packaging business and forms Huntsman Packaging.
Jon M. Huntsman dedicates a pre-cast concrete plant in Armenia to produce cement slabs for the construction of as many as 8,000 homes per year to house victims of the 1988 earthquake.
Huntsman joins with the Dow Chemical Company to start a plastic, glass and aluminum-recycling program in U.S. National Parks.
• Huntsman completes purchase of a styrene manufacturing facility in Bayport, Texas from Hoechst Celanese Corporation.
• In midst of steep drop in polystyrene prices, the company buys two polystyrene manufacturing facilities from Hoechst Celanese Corporation; the plants are located in Chesapeake, Virginia and Peru, Illinois.
Huntsman names Ronald A Rasband President and Chief Operating Officer of Huntsman Chemical Corporation.
Huntsman completes second acquisition from Shell Chemical Company with the purchase of a polypropylene plant in Woodbury, New Jersey.
Huntsman offers polystyrene licensing; first licensing agreements are signed in Taiwan and Korea.
Huntsman buys polystyrene plant in Belpre, Ohio from Shell Oil Company.
Jon M. Huntsman forms Huntsman Chemical Corporation in Salt Lake City, Utah. Mr. Huntsman is Chairman and CEO.
• Huntsman constructs first overseas facility in England.
• Jon M. Huntsman sells Huntsman Container Corporation to Keyes Fiber Company in a stock deal valued at $8 million; Mr. Huntsman agrees to be chief executive of the container business for four more years; also serves as Executive Vice President and a Director of Keyes Fiber Company.
Huntsman Container Corporation creates "clamshell" container for McDonald's Big Mac; invents as many as thirty other popular products, including the first plastic plates, bowls and fast-food containers.
• Huntsman completes construction of second facility in Troy, Ohio.
• Jon M. Huntsman leaves White House staff to become President and CEO of Huntsman Container Corporation.
First Huntsman Container Corporation plant is constructed in Fullerton, California.
• Jon M. Huntsman leaves Dolco Packaging Corporation to form Huntsman Container Corporation in Fullerton, California.
• While the first packaging plant is being built, Mr. Huntsman joins the Nixon Administration as Associate Administrator of the Department of Health, Education and Welfare and later serves as Special Assistant and Staff Secretary to President Nixon.
Jon M. Huntsman becomes President of Dolco Packaging Corporation, a joint venture between Olson Brothers, Inc. and Dow Chemical Company.
Jon starts a side business that sells repackaged music recordings, such as the "Greatest Hits of Rock & Roll," and ranks 13th among the largest advertisers on television.
Mr. Huntsman joins Olson Brothers, Inc,. an egg-producing company in Los Angeles. He rose through the ranks to the position of Vice President of Operations, and his leadership was key in developing the first plastic egg carton.
Jon marries Karen Haight, whom he met in junior high in Palo Alto.
Jon is recruited by Harold Zellerbach, Chairman of Crown-Zellerbach Paper, to attend the Wharton School of Finance at the University of Pennsylvania on a Crown-Zellerbach scholarship.
The Huntsman family moves to Palo Alto, California where Jon's father enrolls at Stanford for graduate studies.
Jon M. Huntsman is born in Blackfoot, Idaho to A. Blaine Huntsman, a teacher, and Kathleen Huntsman, a homemaker.