FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Monteith Stewart Alan
2. Date of Event Requiring Statement (Month/Day/Year)
02/03/2011
3. Issuer Name and Ticker or Trading Symbol
Huntsman CORP [HUN]
(Last)
(First)
(Middle)
500 HUNTSMAN WAY
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Division President
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SALT LAKE CITY, UT 84108
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 64,387
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option (right to buy)   (1) 02/10/2015 Common Stock 24,497 $ 23 D  
Option (right to buy)   (2) 03/01/2016 Common Stock 18,731 $ 20.5 D  
Option (right to buy)   (3) 02/20/2017 Common Stock 22,133 $ 20.66 D  
Option (right to buy)   (4) 03/02/2019 Common Stock 75,000 $ 2.59 D  
Option (right to buy)   (5) 02/23/2020 Common Stock 7,511 $ 13.5 D  
Option (right to buy)   (6) 02/02/2021 Common Stock 16,269 $ 17.59 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Monteith Stewart Alan
500 HUNTSMAN WAY
SALT LAKE CITY, UT 84108
      Division President  

Signatures

Sean H. Pettey, by Power of Attorney 02/11/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This option became exercisable in three equal annual installments on February 10, 2006, 2007 and 2008.
(2) This option became exercisable in three equal annual installments on March 1, 2007, 2008 and 2009.
(3) This option became exercisable in three equal annual installments on February 20, 2008, 2009 and 2010.
(4) This option became exercisable as to 25,000 shares on March 2, 2010,and becomes exercisable as to an additional 25,000 shares on March 2, 2011 and the remaining 25,000 shares March 2, 2012.
(5) This option becomes exerisable as to 2,504 shares on February 23, 2011, an additional 2,503 shares on February 23, 2012 and the remaining 2,504 shares February 23, 2013.
(6) This option becomes exerisable as to 5,423 shares on February 2, 2012, an additional 5,423 shares on February 2, 2013 and the remaining 5,423 shares February 23, 2014.

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