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Huntsman Launches New Bio-Based Glycerine Carbonate Product

March 9, 2009

THE WOODLANDS, Texas, March 9 /PRNewswire-FirstCall/ Huntsman Performance Products, a division of Huntsman Corporation (NYSE: HUN), today announced the commercial availability of its new specialty carbonate, JEFFSOL(R) Glycerine Carbonate.

Manufactured by Huntsman using the glycerine co-product of bio-diesel, JEFFSOL Glycerine Carbonate is a bio-based specialty chemical useful as a reactive intermediate and as a solvent. It can be polymerized or reacted with isocyanates or acrylates for applications in coatings, adhesives and lubricants. Its excellent solvency also makes it attractive for personal care applications, among others.

“As one of the world’s largest producers of alkylene carbonates, we are pleased to add JEFFSOL Glycerine Carbonate to our portfolio of carbonate products,” said Stu Monteith, Vice President of Performance Specialties. “This new product offers formulators the ability to produce value-added products with renewable content, and addresses a real need in the marketplace for a functional, cost effective, renewable intermediate.”

Huntsman’s complete product line of carbonates includes JEFFSOL Propylene Carbonate, ULTRAPURE(R) Propylene Carbonate, JEFFSOL Ethylene Carbonate, ULTRAPURE Ethylene Carbonate, and JEFFSOL Glycerine Carbonate.

For more information, please visit Huntsman’s Coatings, Polymers and Resins website at: www.huntsman.com/cpr.

About Huntsman:

Huntsman is a global manufacturer and marketer of differentiated chemicals. Its operating companies manufacture products for a variety of global industries, including chemicals, plastics, automotive, aviation, textiles, footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care, furniture, appliances and packaging. Originally known for pioneering innovations in packaging and, later, for rapid and integrated growth in petrochemicals, Huntsman today has more than 12,000 employees and operates from multiple locations worldwide. The Company had 2008 revenues of approximately $10 billion. 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 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.

SOURCE Huntsman Corporation


Source: newswire



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