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News Release<br />
Oct. 4, 2012<br />
CONTACT:<br />
Media:<br />
Eric Stebel, tel: 281-719-4602<br />
Huntsman's VITROX ® Composite Resins Win<br />
CPI 2012 Polyurethane Innovation Award<br />
Award program recognizes advancements to the broader polyurethanes field<br />
The Woodlands, Texas – Huntsman Corporation (NYSE: HUN) announced today that its VITROX ® Composite<br />
Resins product has received the Center for the Polyurethanes Industry’s (CPI) 2012 Polyurethane Innovation<br />
Award. This award recognizes <strong>com</strong>panies and individuals whose dedicated efforts bring new products,<br />
technologies and initiatives to the marketplace.<br />
Attendees at the opening session of the 2012 Polyurethanes Technical Conference, which ran from Sept. 24 to 26<br />
in Atlanta, were given the opportunity to vote for one award finalist. The winner was announced during the closing<br />
session.<br />
“T<strong>here</strong> is no greater honor than to be recognized as an innovator among such an impressive group of our peers,"<br />
said Keith Day, Vice President Global Business Development, Huntsman Polyurethanes. "We look forward to<br />
continuing to provide the industry and our customers with innovative products and solutions. VITROX Composite<br />
Resins are the world's first polyurethanes-based pipe repair resins used in a cure-in-place pipe application. This<br />
process is more affordable and efficient <strong>com</strong>pared to traditional waste water pipe repair methods."<br />
During the cure-in-place pipe (CIPP) installation, a resin-saturated felt liner made of polyester is inverted into a<br />
damaged pipe using <strong>com</strong>pressed air or water. Steam or hot water is then applied to the saturated liner, aiding the<br />
resin to cure, which allows a seal to be created inside the damaged pipe. This process allows significant time and<br />
cost-savings in the repair of broken waste water pipes. VITROX Composite Resins provide an adjustable pot life,<br />
a long handling window and fast curing time.<br />
For the 2012 Polyurethane Innovation Award, judges evaluated and scored all entries based on the impact on the<br />
polyurethanes industry, uniqueness of the innovation, quality of the science and societal impact.<br />
Huntsman Polyurethanes is a global leader in providing MDI-based polyurethanes solutions across an extensive<br />
range of applications and market sectors. Its products deliver key benefits, such as high performance insulation,<br />
<strong>com</strong>fort, adhesion, protective coatings and more.<br />
For questions about VITROX resins, <strong>please</strong> email vitrox@huntsman.<strong>com</strong>.<br />
About Huntsman:<br />
Huntsman is a global manufacturer and marketer of differentiated chemicals. Our operating <strong>com</strong>panies<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 has approximately 12,000 employees and operates from
multiple locations worldwide. The Company had 2011 revenues of over $11 billion. For more information about<br />
Huntsman, <strong>please</strong> visit the <strong>com</strong>pany's <strong>web</strong>site at www.huntsman.<strong>com</strong>.<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<br />
uncertainty and changes in circumstances and involve risks and uncertainties that may affect the <strong>com</strong>pany’s<br />
operations, markets, products, services, prices and other factors as discussed in the Huntsman <strong>com</strong>panies’ 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, <strong>com</strong>petitive, environmental, political, legal, regulatory and technological factors. In<br />
addition, the <strong>com</strong>pletion 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, t<strong>here</strong> can be no assurance that<br />
such transactions will be <strong>com</strong>pleted or that the <strong>com</strong>pany’s expectations will be realized. The <strong>com</strong>pany assumes<br />
no obligation to provide revisions to any forward-looking statements should circumstances change, except as<br />
otherwise required by applicable laws.<br />
VITROX ® is a registered trademark of Huntsman Corporation or an affiliate t<strong>here</strong>of in one or more, but not all,<br />
countries.<br />
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