Huntsman Creates New Position of Vice President & Managing Director, Indian Subcontinent
Mumbai, January 23, 2013 – Huntsman Corporation (NYSE:HUN) today announced the creation of the new position of Vice President and Managing Director, Indian Subcontinent and the appointment of Steve Stilliard to this role. Mr. Stilliard was previously Vice President, Asia-Pacific, of Huntsman Corporation’s Performance Products division.
The new role was created to provide leadership for Huntsman’s rapidly expanding presence in the subcontinent and is based in Mumbai. Mr. Stilliard will report to Paul Hulme, President of Huntsman’s Textile Effects division and the senior executive responsible for the Indian subcontinent. He will coordinate 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, “This appointment recognizes the need to accelerate our investment in people and physical assets to strengthen our long-term position in this exciting market, which already accounts for over $500m of our sales and over 1,000 associates.” Mr. Huntsman added: “Steve Stilliard has extensive experience of working and living in the region, a proven track record in building successful businesses in emerging markets and has a deep understanding of the Huntsman business and culture.”
Huntsman is a global manufacturer and marketer of differentiated chemicals. Our 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 has approximately 12,000 employees and operates from multiple locations worldwide. The Company had 2011 revenues of over $11 billion. For more information about Huntsman, please visit the company's website at www.huntsman.com.
Statements in this release that are not historical are forward-looking statements. 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 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, 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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