Huntsmans VITROX® Composite Resins Renowned as Finalist for CPI 2012 PUR Innovation Award

The Woodlands, Texas -- Huntsman Corporation (NYSE: HUN) announced that its VITROX® Composite Resins product has been recognized as a finalist in the Center for the Polyurethanes Industrys (CPI) 2012 Polyurethane Innovation Award. This award recognizes companies and individuals whose dedicated efforts bring new products, technologies and initiatives to the marketplace.

Attendees at the 2012 Polyurethanes Technical Conference, which runs from Sept. 24 to 26 in Atlanta, will have the opportunity to vote for one of the finalists during the conferences opening session. The winner will be announced during the closing session.

"VITROX resins truly qualify as a forward-thinking advancement for the industry," said Keith Day, Vice President Global Business Development, Huntsman Polyurethanes. "VITROX resins are the worlds first polyurethanes-based pipe repair resins in a cure-in-place process. This process is more affordable, efficient and environmentally friendly compared to traditional pipe repair methods."

During the cure-in-place process (CIPP) installation, a resin-saturated felt liner made of polyester is inverted into a damaged pipe using compressed air or water. Steam or hot water is then applied to the saturated liner, aiding the resin to cure, which allows a seal to be created around the damaged area. This process allows significant time and cost-savings in the repair of broken sewer pipes. VITROX resins provide a long handling window, fast curing time and excellent high temperature resistance properties.

For the 2012 Polyurethane Innovation Award, judges evaluate and score all entries based on impact on the polyurethanes industry, uniqueness of the innovation, quality of the science and societal impact. Huntsman Polyurethanes is global leader in providing MDI-based polyurethanes solutions across an extensive range of applications and market sectors. Its products deliver key ben efits, such as high performance insulation, comfort, adhesion, protective coatings and more.

About Huntsman

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.