Distribution Network Reorganization
Huntsman Advanced Materials Americas LLC Announces Distribution Network Reorganization
The Huntsman Advanced Materials division is reorganizing our distribution network as follows:
• Effective October 1, 2019, DB Becker Co, Inc., will cease to be a Huntsman Advanced Materials distributor for the Northeastern US states.
• Effective October 1, 2019, Dorsett & Jackson, Inc., will cease to be a Huntsman Advanced Materials distributor for the Western US states.
• Effective October 1, 2019, Azelis Americas CASE LLC will assume the Huntsman Advanced Materials distributorship for the Coatings, Adhesives, Sealants and Elastomers (CASE) product lines for the entire United States. Azelis will continue to sell the Huntsman Composites product line in this region.
• Composites One will continue to be a North American Huntsman Advanced Materials distributor for the Composites and Structural Adhesives product lines.
Huntsman encourages all DB Becker and Dorsett & Jackson customers to deplete any product inventory at these distributors before purchasing from Azelis Americas CASE LLC or Composites One. Thank you for your business and cooperation.
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2018 revenues more than $9 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 75 manufacturing, R&D and operations facilities in approximately 30 countries and employ approximately 10,000 associates within our four distinct business divisions. For more information about Huntsman, please visit the company's website at www.huntsman.com.
Certain information in this release constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. 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 under the caption "Risk Factors" 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, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of Huntsman’s operations, including any delay of, or other negative developments affecting the ability to implement cost reductions and manufacturing optimization improvements in Huntsman businesses and realize anticipated cost savings, and other 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.