THE
WOODLANDS, Texas, April 4,
2023 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN)
today announced that it has donated $140,200 to several nonprofit organizations
assisting with earthquake relief in Turkey, where the company's Polyurethanes
business operates a specialty systems facility in Istanbul. The company donation is in addition
to $70,100 contributed by Huntsman
associates worldwide. With the company double-matching the
employees' donations, the combined total impact toward earthquake
relief is more than $210,000.
"Our teams always come together to help others when crisis
strikes," said Chairman, President and CEO Peter Huntsman. "The compassion and generosity
of our associates are key elements that define us as a
company."
In February, after the earthquake struck and after confirming
that our employees in Turkey were
safe, Huntsman encouraged associates globally to support ongoing
relief efforts, promising a company match for any funds given.
Associates donated $70,100 to various
charities, including the International Federation of Red Cross and
Red Crescent Societies, Doctors Without Borders (Médecins Sans
Frontières), and the AKUT Search and Rescue Association. The
company then donated $2 for every
dollar an associate donated, or $140,200, for a combined total donation of
$210,300.
Gülüm Selen Kabil, Director of
European Downstream Entities for Huntsman's Polyurethanes division,
praised the generosity of her fellow colleagues throughout the
world.
"This tragedy will be felt by families for years to come," Kabil
said. "But we are committed to supporting our Huntsman associates
and the Turkish people during this time of great need, as the
country begins on the path to recovery from this devastating
event."
About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer
and marketer of differentiated and specialty chemicals with 2022
revenues of approximately $8 billion
from our continuing operations. Our chemical products number in the
thousands and are sold worldwide to manufacturers serving a broad
and diverse range of consumer and industrial end markets. We
operate more than 60 manufacturing, R&D and operations
facilities in approximately 30 countries and employ approximately
7,000 associates within our continuing operations. For more
information about Huntsman, please visit the company's website at
www.huntsman.com.
Social Media:
Twitter: www.twitter.com/Huntsman_Corp
Facebook: www.facebook.com/huntsmancorp
LinkedIn: www.linkedin.com/company/huntsman
Forward-Looking Statements:
Certain information in this release constitutes
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. 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 under the caption "Risk Factors" 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, volatile global economic conditions, cyclical
and volatile product markets, disruptions in production at
manufacturing facilities, reorganization or restructuring of
Huntsman's operations, including any delay of, or other negative
developments affecting the ability to implement cost reductions,
timing of proposed transactions, and manufacturing optimization
improvements in Huntsman businesses and realize anticipated cost
savings, and other financial, economic, competitive, environmental,
political, legal, regulatory and technological factors. The company
assumes no obligation to provide revisions to any forward-looking
statements should circumstances change, except as otherwise
required by applicable laws.
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SOURCE Huntsman Corporation