News Archive
Huntsman to Increase MDI and MDI-Based Systems Prices in Europe
Monday, March 8, 2010
The Polyurethanes division of Huntsman Corporation(HUN:NYSE) announced today that it will increase the price of all MDI products and MDI-based systems by €200/tonne in the European region as soon as agreements allow, but no later than April 1 2010.
Nick Webster, Vice President, Europe for the Polyurethanes division said "This price increase is necessary to achieve re-investment economics and address the significant further increases in our raw material costs."
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 12,000 employees and operates from multiple locations worldwide. The Company had 2009 revenues of approximately $8 billion. For more information about Huntsman, please visit the company's website at www.huntsman.com.
CONTACT:
Gary Chapman
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