Huntsman Scholarship Program Awards 19 Spring ISD Students
On March 28, 2023, during the Huntsman Scholarship Program award ceremony held at the Randall Reed Center in Spring, Texas, 16 Spring ISD seniors received scholarships of $5,000, renewable for up to four years for a total of $20,000, and three others received Huntsman Trade Certification scholarships, which awards $1,250 to pursue a certification or vocational track in STEM.
THE WOODLANDS, Texas - The Huntsman Scholarship Program awarded 19 university and trade school scholarships to Spring Independent School District (ISD) students from the Class of 2023 during its annual awards ceremony Tuesday evening. Now in its third year, the event, held at the Randall Reed Center in Spring, Texas, was attended by scholarship recipients and family members, along with Spring ISD educators and leadership, school board members and Spring ISD Superintendent, Dr. Lupita Hinojosa. Huntsman associates and executives were also in attendance, including Chairman, President and CEO Peter Huntsman.
Sixteen seniors received scholarships of $5,000, renewable for up to four years for a total of $20,000, for attending an accredited college or university and majoring in science, technology, engineering or mathematics (STEM) or business-related fields. Three more students received Huntsman Trade Certification scholarships, which awards $1,250 to pursue a certification or vocational track in STEM.
Spring High School graduate Diego Rosales Abirasniette walks to the front of the room to receive his Huntsman Scholarship Program award at the March 28 award ceremony held at the Randall Reed Center in Spring, Texas.
“This scholarship is one that impacts not only the students—making sure they get to a college or university of their choice—but it makes an impact on the entire family,” Dr. Hinojosa said during the awards ceremony. “And when you touch the entire family … now you're touching the community. As our students succeed, the families succeed, and, ultimately, our community succeeds.”
Peter Huntsman addressed the audience and shared that the origin of the scholarship program began in 2020, initially as a personal examination of how the Huntsman Corporation could help bring people together within a cultural and political landscape where people seemed to be growing more distant from one another. He needed, he added, a broader perspective. Kristina Henshaw, a Huntsman investor relations manager, helped him find it.
From left to right, Spring ISD Superintendent Dr. Lupita Hinojosa, Huntsman Associate Kristina Henshaw and Huntsman’s Chairman, President and CEO Peter Huntsman, pose together during the Huntsman Scholarship Program’s March 28 award ceremony held at the Randall Reed Center in Spring, Texas.
“Peter came to me to have an open and honest conversation about some very tough subjects,” Henshaw recounted following the award ceremony. “We had multiple, collaborative conversations exploring how to best position any form of support where it was most needed.”
Spring ISD was a very intentional choice, she added. According to public data, nearly 83% of Spring ISD’s more than 34,000 students are categorized as economically disadvantaged. Nearly 60% of these students are considered at risk of dropping out of school.
Demographically, it is also what Dr. Hinojosa described as a “melting pot.” Hispanic students account for 51.7% of its enrollment and Black and African American students represent 37.9%.
From left to right, Spring ISD Superintendent Dr. Lupita Hinojosa, Huntsman Associate Kristina Henshaw and Huntsman’s Chairman, President and CEO Peter Huntsman, pose together during the Huntsman Scholarship Program’s March 28 award ceremony held at the Randall Reed Center in Spring, Texas.
“These scholarships make a difference,” Henshaw said. “And I’m proud to work for a company that is collaborative and invites perspective and, most importantly, puts its money where its mouth is on these important issues.”
Peter Huntsman’s message to the recipients emphasized his hope that they would use this opportunity to make a difference not only in their own lives, but in the relationships they form going forward.
“I commend each and every one of you. When I'm long gone, I hope that your children will come along and look at your works, your ideas, and your creativity, and thank you for what you've done—thanking you for the legacy, not just of academia, but also of kindness, graciousness, forgiveness, and contributing something back to society,” he said.
About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2022 revenues of approximately $8 billion from our continuing operations. 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 60 manufacturing, R&D and operations facilities in approximately 30 countries and employ approximately 7,000 associates within our continuing operations. For more information about Huntsman, please visit the company's website at www.huntsman.com.
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Forward-Looking Statements:
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.
Released March 31, 2023