Membership to advance MDI-based elastomers business in the Americas
FOR IMMEDIATE RELEASE
April 4, 2016
The Woodlands, Texas
THE WOODLANDS, Texas – Huntsman Corporation (NYSE: HUN) announced that its wholly-owned subsidiary Tecnoelastomeri S.r.l. has joined the Polyurethane Manufacturers Association (PMA), demonstrating the company’s commitment to providing the Americas market with advanced elastomer systems based on methylene diphenyl diisocyanate (MDI) technology.
Huntsman Tecnoelastomeri, based in Modena, Italy, is a manufacturer and marketer of MDI-based hot-cast elastomer systems and processing machines. Hot-cast polyurethanes are used in many downstream applications, including wheels, rolls, technical parts and seals. These applications are used in the automotive, rail, oil and gas, mining and steel industries, among others.
“Since Huntsman acquired Tecnoelastomeri S.r.l. in June 2015, we have introduced many customers worldwide to the benefits of high-quality engineered urethane elastomers,” said Riccardo Cirà, Global Commercial and Marketing Manager, Huntsman Tecnoelastomeri. “Joining the Polyurethane Manufacturers Association will enable us to extend the reach of our versatile and superior-performance MDI-based elastomers in the Americas.”
The Polyurethane Manufacturers Association serves as a collective voice and trusted resource for the cast polyurethane industry’s latest technology, practices and knowledge. The organization promotes polyurethane’s many advantages over rubber, plastic and metal, and also advances new business opportunities in diverse markets by empowering polyurethane processors and suppliers in a changing regulatory environment.
“PMA is pleased to welcome Huntsman Tecnoelastomeri to our membership of leading companies dedicated to the advancement of the cast
polyurethane industry,” said Philip R. Green, President, PMA.
Huntsman Tecnoelastomeri markets its diverse product line globally under a number of well-known trademarks, including Huntsman Tecnoelastomeri engineering urethane elastomers, TECNOTHANE™ polyurethane systems and CASTECH™ polyurethane machines.
For more information, visit www.huntsman.com/polyurethanes/a/Products/Tecnoelastomeri.
Huntsman Tecnoelastomeri is a tradename of Tecnoelastomeri S.r.l. TECNOTHANE™ and CASTECH™ are trademarks of Huntsman Corporation or an affiliate thereof in one or more, but not all countries.
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated chemicals with 2015 revenues of approximately $10 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 100 manufacturing and R&D facilities in approximately 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 www.huntsman.com.
Forward Looking Statements:
Statements in this release that are not historical are forward-looking statements. These statements are based on mana
gement’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.
While all the information in this publication is to the best of our knowledge, accurate at the date of publication, nothing herein is to be construed as a warranty, expressed or otherwise. In all cases, it is the responsibility of the user to determine the applicability of such information and the suitability of any products for its own particular purpose. The sale of products referred to in this publication is subject to the general terms and conditions of sale of Huntsman International LLC or of its affiliated companies.