Huntsman Joins Coalition to Grow American Manufacturing and Jobs

       Huntsman Joins Coalition to Grow American Manufacturing and Jobs

PR Newswire

THE WOODLANDS, Texas, Jan. 22, 2013

THE WOODLANDS, Texas, Jan. 22, 2013 /PRNewswire/ --Huntsman Corporation
(NYSE: HUN) today announced that it has joined a coalition of U.S.
manufacturers and others opposed to proposals from LNG exporters to permit the
unlimited export of American natural gas. The coalition, America's Energy
Advantage, seeks to promote rational energy policies designed to use America's
newly developed shale-based low cost natural gas to provide the economic basis
to spur significant new investment in American manufacturing and its related
industries and services.

Since 2000, American manufacturers, farmers and consumers have been hit with
four massive price shocks in the cost of natural gas, each resulting in an
economic impact contributing to the loss of countless American jobs. With the
advent of America's development of shale-based natural gas, this volatility
has tempered dramatically, and the U.S. now enjoys a domestic natural gas
market that exhibits the availability and stability that make investment in
new manufacturing possible, leading to the creation ─ rather than loss ─ of
skilled, well paid jobs. Huntsman is among those many companies planning to
now expand its operations in the U.S. in light of its stable, lower cost
natural gas market, having recently committed over $150 million in capital to
new projects here and evaluating additional projects in the U.S. worth
approximately $250 million more.

Peter Huntsman, President and CEO of Huntsman, stated, "We think it very
short-sighted and bad public policy to allow our nation's natural gas
advantage to be stripped and sent overseas to build a new manufacturing base
that would otherwise be built here in the U.S."

He continued, "Completely unfettered U.S. exports may enrich a few LNG
exporters in the short term, but real, sustained and broad-based growth in the
U.S. economy will come from a balanced approach that considers the needs of
American manufacturers and consumers, and ensures that natural gas can be
exported without undermining this emerging sunrise for American manufacturing
and all the supporting industries and services. Our nation must not squander
this opportunity."

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 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. 

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, 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.

SOURCE Huntsman Corporation

Website: http://www.huntsman.com
Contact: Media, Gary Chapman, (281) 719-4324, or Investor Relations, Kurt
Ogden, (801) 584-5959
 
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