News Release
News Release
News Release
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<strong>News</strong> <strong>Release</strong><br />
FOR IMMEDIATE RELEASE CONTACT:<br />
May 21, 2008 Michelle Adams<br />
Director of Sales and Distribution<br />
Performance Products Division<br />
1-281-719-4322<br />
Huntsman Announces Price Increases for Performance Specialties Products<br />
THE WOODLANDS, TX – Huntsman Corporation (NYSE: HUN) announced that, effective July 1, 2008, or as contracts allow,<br />
Huntsman Corporation will increase the following prices as noted, for all grades of the following products:<br />
PRODUCT PRICE INCREASE ($/lb)<br />
Ethyleneamines AEEA and Crude AEEA 0.15 List & Off-list<br />
AEP & ECA 39 0.50 List & Off-list<br />
DETA & Blends 0.15 List & Off-list<br />
EDA & Blends 0.25 List & Off-list<br />
E-100 including blends & rebrands 0.15 List & Off-list<br />
TEPA & Blends 0.15 List & Off-list<br />
TETA & Blends 0.15 List & Off-List<br />
All ECA Products (except ECA 39) 0.15 List & Off-List<br />
JEFFOX® All products 0.10 List & Off-list<br />
JEFFTREAT® All products & blends 0.05 List & Off-list<br />
JEFFSOL® AG All products 0.15 List & Off-list<br />
JEFFSOL® UPEC 0.10 List & Off-list<br />
UPPC 0.15 List & Off-List<br />
All EC Products 0.10 List & Off-List<br />
All PC Products 0.10 List & Off-List<br />
DIGLYCOLAMINE® Agent 0.05 List & Off-list<br />
Morpholine 0.05 Off-list<br />
Morpholine Derivative APM 0.25 List & Off-list<br />
Alkylalkanolamines MDEA 0.05 List & Off-list<br />
MMEA 0.05 Off-list<br />
DMEA 0.10 List & Off-list<br />
Substituted Propylamines DMAPA 0.25 List & Off-list<br />
MOPA 0.30 List & Off-list<br />
E-GRADE® DIGLYCOLAMINE® Agent 0.05 List & Off-list<br />
MMEA 0.05 Off-list<br />
APM 0.25 List & Off-list<br />
SURFONIC® MW 100 0.10 List & Off-list<br />
JEFFCAT® BDMA 0.20 List & Off-list<br />
DM-70 0.15 List & Off-list<br />
DMCHA 0.15 List & Off-list<br />
DMCHA-LO 0.15 List & Off-list
DMEA 0.10 List & Off-list<br />
DMP 0.15 List & Off-list<br />
DPA 0.10 List & Off-list<br />
M-75 0.15 List & Off-list<br />
MM-70 0.15 List & Off-list<br />
NEM 0.10 List & Off-list<br />
PRODUCT PRICE INCREASE ($/lb)<br />
JEFFCAT® NMM 0.10 List & Off-list<br />
PM 0.15 List & Off-list<br />
PM DETA 0.20 List & Off-list<br />
TD-33A 0.10 List & Off-list<br />
TR-52 0.10 List & Off-list<br />
TR-90 0.10 List & Off-list<br />
WTB-70 0.10 List & Off-list<br />
Z-110 0.15 List & Off-list<br />
Z-130 0.10 List & Off-list<br />
Z-65P 0.15 List & Off-list<br />
ZF-20 0.10 List & Off-list<br />
ZF-22 0.10 List & Off-list<br />
ZF-24 0.10 List & Off-list<br />
ZF-26 0.10 List & Off-list<br />
ZF-52 0.10 List & Off-list<br />
ZF-53 0.10 List & Off-list<br />
ZF-54 0.10 List & Off-list<br />
ZF-72 0.10 List & Off-list<br />
ZFP-153 0.10 List & Off-list<br />
ZR-40 0.10 List & Off-list<br />
ZR-50 0.10 List & Off-list<br />
ZR-70 0.20 List & Off-list<br />
Huntsman said these price increases are necessary due to strong demand, continued high costs for energy,<br />
packaging, and raw materials, as well as the need to make necessary capital investments in order to ensure<br />
Huntsman’s ability to provide uninterrupted product availability.<br />
About Huntsman:<br />
Huntsman is a global manufacturer and marketer of differentiated chemicals. Its operating companies<br />
manufacture products for a variety of global industries, including chemicals, plastics, automotive, aviation, textiles,<br />
footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care,<br />
furniture, appliances and packaging. Originally known for pioneering innovations in packaging and, later, for rapid<br />
and integrated growth in petrochemicals, Huntsman today has 13,000 employees and operates from multiple<br />
locations worldwide. The Company had 2007 revenues of approximately $10 billion. For more information about<br />
Huntsman, please visit the company’s website at www.huntsman.com.<br />
Forward-Looking Statements:<br />
Statements in this release that are not historical are forward-looking statements. These statements are based on<br />
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<br />
operations, markets, products, services, prices and other factors as discussed in the Huntsman companies’ filings<br />
with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not<br />
limited to, financial, economic, competitive, environmental, political, legal, regulatory and technological factors. In<br />
addition, the completion of any transactions described in this release is subject to a number of uncertainties and<br />
closing will be subject to approvals and other customary conditions. Accordingly, there can be no assurance that<br />
such transactions will be completed or that the company’s expectations will be realized. The company assumes<br />
no obligation to provide revisions to any forward-looking statements should circumstances change, except as<br />
otherwise required by applicable laws.<br />
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