Huntsman Performance Products Announces Selection of Univar Solutions to Represent Polyurethane Additives Product Portfolio in the Americas
FOR IMMEDIATE RELEASE
October 19, 2020
THE WOODLANDS, Texas, October 19, 2020 – Huntsman’s Performance Products division is pleased toannounce the appointment of Univar Solutions Inc. as its distributor for the Americas, representing the division’s portfolio of polyurethane additives into the polyurethane market. These specialty lines include the company’s JEFFADD® Aldehyde Scavenger and JEFFCAT® Catalyst product brands.
With a high-level focus on reducing aldehyde, fogging, odor and volatile organic compound emissions, Huntsman Performance Products’ specialized JEFFADD® Aldehyde Scavenger and JEFFCAT® Catalyst technologies help to meet some of the most stringent emission specifications in the polyurethane industry. Uniting Univar Solutions’ distribution channel and Huntsman Performance Products’ expertise will enhance our customers’ efforts in developing low emission polyurethane systems.
Univar Solutions Inc., headquartered in Chicago, IL, will represent Huntsman Performance Products throughout the Americas region.
Commenting on this appointment, David Ming, Vice President of Huntsman’s Performance Products Americas business said, “We are excited to build on our existing partnership with Univar Solutions Inc. which will bring a first-class experience to our customers and help enable their success.”
The distribution relationship is effective October 19, 2020.
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2019 revenues of approximately $7 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 70 manufacturing, R&D and operations facilities in approximately 30 countries and employ approximately 9,000 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, timing of proposed transactions, 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.