Huntsman Widens Portfolio for Semiconductor-Grade Products in Conroe, Texas
Huntsman Corporation (NYSE:HUN) announced today that its Performance Products division has completed the initial phases of a project to expand and widen its portfolio of E-GRADE® specialty amines, including quaternary amine alternatives to tetramethylammonium hydroxide (TMAH) and related products at its Conroe, Texas facility. The new facility is expected to be completed and operational in 2023. E-GRADE® specialty amines are a family of products used by the electronics industry to enhance the performance of semiconductor manufacturing. These specialty products improve the production of semiconductor chips and the many downstream applications on which they rely.
The expansion would complement Huntsman’s integrated amines focus by adding purification, blending, and cleanroom packaging to support semiconductor industry needs, while also providing greater supply security and product consistency and quality.
“This expansion would leverage our expertise as one of the world’s leading semiconductor-grade amine suppliers to improve customer experience, meet stringent quality expectations, and offer a greater range of products to the growing and dynamic semiconductor industry. This project also would satisfy many of our customers’ requests to have a North American supply source for these vitally needed products,” said Chuck Hirsch, Sr. Vice President, Huntsman Performance Products.
E-GRADE® is a registered trademark of Huntsman Corporation or an affiliate thereof in one or more, but not all, countries.
About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2020 revenues of approximately $6 billion. 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 70 manufacturing, R&D and operations facilities in approximately 30 countries and employ approximately 9,000 associates within our four 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:
Certain information in this release constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. 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 under the caption "Risk Factors" 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, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of Huntsman’s operations, including any delay of, or other negative developments affecting the ability to implement cost reductions, timing of proposed transactions, and manufacturing optimization improvements in Huntsman businesses and realize anticipated cost savings, and other 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.
Released September 20, 2021