THE WOODLANDS, Texas,
March 12, 2018 /PRNewswire/
-- Huntsman Corporation (NYSE: HUN) today announced the
appointment of Daniele Ferrari as a
new independent director to its Board of Directors effective
March 7, 2018. The Huntsman
Board now comprises eight directors, seven of whom are independent
directors.
Daniele Ferrari serves as Chief
Executive Officer of Versalis S.p.A., a chemical manufacturer, and
as Chairman of Matrìca S.p.A., a joint-venture with Novamont
focusing on renewable chemistry, positions he has held since
March 2011. He is a former employee
of Huntsman Corporation and has over 30 years of experience in the
chemical industry. He worked for the Company in various levels of
increasing responsibility from 1997 to 2011, where he ultimately
served as President of its Performance Products division. Prior to
joining Huntsman in 1997, Mr. Ferrari worked for Imperial Chemical
Industries (ICI) and Agip Petroli (Eni group).
Mr. Ferrari is President of PlasticsEurope, an association of
plastics manufacturers, and a board member of Conseil Européen de
l'Industrie Chimique (CEFIC). He also serves as a director, Chair
of the Compensation Committee and a member of the Audit Committee
of Venator Materials PLC, which separated from Huntsman in
2017.
Commenting on the Board appointment, Peter Huntsman, Chairman, President and CEO
said, "I hold Daniele in high regard, as does the chemical
industry. His 14 years of prior experience working within
Huntsman combined with his 30 years in the industry will bring
invaluable experience to our Board of Directors. I look forward to
his counsel on the Board."
About Huntsman:
Huntsman Corporation is a publicly
traded global manufacturer and marketer of differentiated and
specialty chemicals with 2017 revenues of approximately
$8 billion. 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 75 manufacturing,
R&D and operations facilities in approximately 30 countries and
employ approximately 10,000 associates within our four distinct
business divisions. 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:
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, volatile global economic conditions,
cyclical and volatile product markets, disruptions in production at
manufacturing facilities, reorganization or restructuring of
Huntsman's operations, the ability to implement cost reductions and
manufacturing optimization improvements in Huntsman businesses, 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.
View original content with
multimedia:http://www.prnewswire.com/news-releases/huntsman-appoints-daniele-ferrari-to-its-board-of-directors-300611680.html
SOURCE Huntsman Corporation