Huntsman Announces Epoxy Resin Price Increase In North America

The Woodlands, TX - Effective December 1, 2005, or as contracts allow, Huntsman Advanced Materials will increase list and off list prices of all its epoxy modified and unmodified resins, solid resins, reactive diluents, novolac resins and waterborne resins in the North American market by $0.05/lb.

These price increases are intended to offset significant increases in raw material costs experienced primarily as a result of Hurricanes Katrina and Rita. Huntsman Advanced Materials, a business division of Huntsman Corporation (NYSE: HUN), is a leading global manufacturer and marketer of advanced epoxy resins, adhesives, coating systems, electrical insulating materials, printed circuit board technology, tooling materials and structural composites. It services end use markets that include the aerospace, automotive,
telecommunications, electrical and electronics, recreation, and appliance industries.

Originally known for pioneering innovations in packaging, and later, rapid and integrated growth in petrochemicals, Huntsman-held companies today have more than 11,300 employees, 57 operations in 22 countries and had 2004 revenues of approximately $11.5 billion.

SOURCE: Huntsman LLC.