Huntsman Announces Appointment of Chief Executive Officer, Asia Pacific

New Role Created to Accelerate Business Growth in the Region

24-Feb-2011 - Hong Kong

Huntsman Corporation announced the appointment of Anthony P. Hankins, President of the Company's polyurethanes division, to the new role of Chief Executive Officer, Asia Pacific.

The role has been created to provide leadership and co-ordination of Huntsman's rapidly expanding presence in the region and will be based in new regional headquarters in Hong Kong. Mr. Hankins will facilitate the corporate and cross-divisional activities required to deliver growth, including investments and partnerships, strengthening the Company's asset base, developing people capability and building relationships with governmental organizations and other key stakeholders.

Commenting on the appointment, Peter R. Huntsman, President and Chief Executive Officer of Huntsman Corporation said, "I am delighted that Tony Hankins is taking on this important challenge. Asia Pacific already accounts for a quarter of our global sales, but we have recognized that we need to accelerate our investment in people and physical assets to strengthen our long-term position in this exciting market. Tony has extensive experience of working and living in the region, he has a deep understanding of the Huntsman business and culture and so is perfectly suited to guide this next stage development of our Company in Asia."

Mr. Hankins will continue as President of the Polyurethanes division, which will relocate its global headquarters from The Woodlands, Texas to Hong Kong during the course of 2011.

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