Huntsman : Clean Up Begins at Huntsman’s Uerdingen Site after Authorities say No Asbestos Found in Air, Dust Samples

FOR IMMEDIATE RELEASE
August 10, 2015
The Woodlands, Texas
NYSE: HUN

THE WOODLANDS, Texas - German authorities finished testing the debris from an incident at Huntsman's Uerdingen, Germany site, and found all dust and air samples taken from the affected and non-affected areas to be free of asbestos, enabling clean-up to begin.

Dust samples taken from the work clothes of firefighters also did not contain asbestos. Asbestos was present only in some damaged sections of building sheeting.

On Wednesday, Aug. 5, at approximately 2 p.m. CET, a nitrogen tank exploded at Huntsman's white pigment factory in Uerdingen, Germany, injuring 19 people. There were no fatalities.

All of the injured personnel have been released from hospital and are under the care of their own doctors. Huntsman continues to provide assistance to the injured and their families.

The buildings on site have been certified as safe and no structural damage was found. All of the roads around the site have been cleared and the removal of debris has begun. The exact timing of the cleanup is still to be determined, but all areas except for those in the vicinity of the explosion site should be completed by mid-August.

Investigations into the cause of the incident continue with Huntsman cooperating with German authorities and the company conducting its own review. Preliminary results are expected in the coming weeks.

The Uerdingen site, located 30 kilometers north of Dusseldorf, employs approximately 600 Huntsman associates and contractors. The site produces TiO2, copperas, iron oxide, and products used in the manufacturing of plastics, coatings, paper, laminate, catalysts and ceramics.

Huntsman acquired the Uerdingen site on Oct. 1, 2014, as part of its acquisition of the Performance Additives and Titanium Dioxide (TiO2) businesses of Rockwood Holdi ngs, Inc.

Further details will be shared as they become available.

CONTACT: HuntsmanResponds@Huntsman.com

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About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated chemicals with 2014 revenues of approximately $13 billion including the acquisition of Rockwood's performance additives and titanium dioxide businesses. 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 100 manufacturing and R&D facilities in more than 30 countries and employ approximately 16,000 associates within our 5 distinct business divisions. For more information about Huntsman, please visit the company's website at www.huntsman.com.

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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 uncertain ties 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.