Huntsman Acquires Italian Specialty Automotive Components Producer

October 6, 2014


The Woodlands, TX – Huntsman Corporation (NYSE: HUN) today announced that it is integrating Gomet, a leading producer of specialty components for the automotive after care market, into its Polyurethanes division.

Gomet, a business division of Rockwood Italia S.p.A. transferred to the Polyurethanes division following Huntsman Corporation’s purchase of a number of chemical businesses from Rockwood Holdings, Inc. (NYSE: ROC) – a deal which closed on October 1.

Located in Azeglio, in the Piedmont region of northern Italy, Gomet manufactures a variety of automotive products including protective boots for constant velocity joints; steering gaiters; dust covers; bounce bumpers and shock absorber service kits (SASKs).

Integrated into Huntsman’s Polyurethanes division, Gomet will sit alongside the division’s existing automotive business, whose MDI-based technologies are used by many of the world’s leading automotive manufacturers. Working closely with original equipment manufacturers (OEMs), the Polyurethanes division’s global automotive team develops high quality materials and systems that improve comfort, performance and safety in seating, armrest, door, instrument panel and under bonnet applications.

Anthony P. Hankins, President of Huntsman’s Polyurethanes division said: “Gomet provides an impressive range of specialty moulded components that are used in most European and many Asian vehicles. The addition of Gomet will boost our existing automotive business, leading to the development of innovative new solutions for this dynamic and growing sector of the automotive after care market.”

Huntsman Polyurethanes operates world scale MDI facilities at its sites in Geismar, USA; Rotterdam, Netherlands; and Shanghai, China and has a global downstream network of more than 20 highly capable formulation facilities.


About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated chemicals with 2013 revenues of approximately $13 billion including the acquisition of Rockwood’s performance additives and TiO2 businesses. 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 more than 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

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.



Gary Chapman
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