Company News
June 4, 2021
Huntsman Names CFO
Huntsman Announces Appointment of Phil Lister as CFO
June 04, 2021 4:05pm EDT
THE WOODLANDS, Texas, June 4, 2021 /PRNewswire/ — Huntsman Corporation (NYSE: HUN) today announced the appointment of Phil Lister as Executive Vice President and Chief Financial Officer, effective July 1, 2021. He will replace longtime Company veteran Sean Douglas, who recently accepted a full-time calling to The Church of Jesus Christ of Latter-day Saints. Mr. Lister will report to Huntsman’s Chairman, President and CEO, Peter Huntsman, and will oversee the Company’s Accounting, Financial Reporting, Financial Planning and Analysis, Corporate Development, Information Technology, Internal Audit, Investor Relations, Tax and Treasury functions.
Mr. Lister has spent his entire career at Huntsman or its predecessors, starting in the polyurethanes division of Imperial Chemical Industries, which Huntsman acquired in 1999. He brings to this new role 25 years of experience and an extensive background in financial planning and operations, business management, and strategic development at both divisional and corporate levels, most recently in his current position as Vice President of Corporate Development. As VP, Corporate Development, Mr. Lister successfully completed a series of acquisitions and dispositions critical to the execution of the Company’s key strategic initiatives. These transactions, valued at more than $3.5 billion, have resulted in a significant transformation of the Company’s portfolio.
“After an extensive review of both internal and external candidates, we are pleased to announce the appointment of Phil Lister,” Mr. Huntsman said. “As the head of M&A, Phil has been instrumental in executing the Company’s portfolio management strategy. He has completed seven transactions in the past three years, that have allowed us to focus further downstream and on our specialty businesses, reduce our debt, strengthen our balance sheet, and improve our trading multiple. In short, Phil has played and is playing a vital role in the remaking of our business.”
“As our Company continues to aggressively transform organically and through acquisitions, Phil’s 25 years of experience, knowledge and strategic vision will only strengthen our continuous efforts to create further shareholder value,” Mr. Huntsman added.
Mr. Lister holds a bachelor’s degree in Business and German from the University of Birmingham, U.K., and is a member of the Chartered Institute of Management Accountants.
June 4, 2021
Huntsman Names CFO
Huntsman Announces Appointment of Phil Lister as CFO
June 04, 2021 4:05pm EDT
THE WOODLANDS, Texas, June 4, 2021 /PRNewswire/ — Huntsman Corporation (NYSE: HUN) today announced the appointment of Phil Lister as Executive Vice President and Chief Financial Officer, effective July 1, 2021. He will replace longtime Company veteran Sean Douglas, who recently accepted a full-time calling to The Church of Jesus Christ of Latter-day Saints. Mr. Lister will report to Huntsman’s Chairman, President and CEO, Peter Huntsman, and will oversee the Company’s Accounting, Financial Reporting, Financial Planning and Analysis, Corporate Development, Information Technology, Internal Audit, Investor Relations, Tax and Treasury functions.
Mr. Lister has spent his entire career at Huntsman or its predecessors, starting in the polyurethanes division of Imperial Chemical Industries, which Huntsman acquired in 1999. He brings to this new role 25 years of experience and an extensive background in financial planning and operations, business management, and strategic development at both divisional and corporate levels, most recently in his current position as Vice President of Corporate Development. As VP, Corporate Development, Mr. Lister successfully completed a series of acquisitions and dispositions critical to the execution of the Company’s key strategic initiatives. These transactions, valued at more than $3.5 billion, have resulted in a significant transformation of the Company’s portfolio.
“After an extensive review of both internal and external candidates, we are pleased to announce the appointment of Phil Lister,” Mr. Huntsman said. “As the head of M&A, Phil has been instrumental in executing the Company’s portfolio management strategy. He has completed seven transactions in the past three years, that have allowed us to focus further downstream and on our specialty businesses, reduce our debt, strengthen our balance sheet, and improve our trading multiple. In short, Phil has played and is playing a vital role in the remaking of our business.”
“As our Company continues to aggressively transform organically and through acquisitions, Phil’s 25 years of experience, knowledge and strategic vision will only strengthen our continuous efforts to create further shareholder value,” Mr. Huntsman added.
Mr. Lister holds a bachelor’s degree in Business and German from the University of Birmingham, U.K., and is a member of the Chartered Institute of Management Accountants.
June 4, 2021
LyondellBasell Hurricane Plans
June 3, 2021
Subject: LyondellBasell 2021 Hurricane Preparedness Plans
Dear Valued Customer:
We are committed to providing a 2021 Hurricane Response Plan that maximizes the safety of our
employees and minimizes the disruption of services and supply to our customers. This communication
summarizes the LyondellBasell resources available to you if we experience a hurricane or other severe
weather conditions that impact our Gulf Coast operations.
To protect your business operations, we are strongly encouraging you to:
- Plan ahead as much as possible for potential severe weather-related supply disruptions. Our
US chemical and polymer supply chain is currently optimized for real-time supply demand dynamics and
could experience weather-related inventory disruptions and weather-related transportation issues (in an
already constrained transportation industry) as a result of a severe weather-related event. - Review our plans and resources outlined below, which are designed to mitigate the impact
of a severe weather-related event to our operations:
Communications:
Our toll-free customer service number 1-888-777-0232 will be available 24 hours a day. The
LyondellBasell Website, www.lyb.com, will also provide severe weather updates for customers. - Customer Service and Logistics Activities:
We plan to have personnel situated at safe locations with the required connectivity to manage
important customer service and logistics activities. We are also working with our logistics service
providers to ensure that they have Hurricane Preparedness Plans in place.
We encourage all of our customers to use the LyondellBasell online order management tool:
https://lyb.customerxpress.com/Login?ReturnUrl=%2f
This tool provides order placement options, order status updates, bills of lading, certificates of analysis,
invoices and tracking, and tracing of railcars.
If you are not familiar with our Customer Xpress tool, now would be an excellent time to sign up for it
with your Account Specialist, who will be happy to help you get started.
Plant Operations:
A process is in place to effectively manage our shutdown procedures, if required, prior to landfall of a
hurricane or other severe weather related event. Our recovery teams will immediately begin assessing
issues at our facilities once the situation is under control.
We are dedicated to minimizing disruption of services to our customers in the event of severe weather.
We have successfully demonstrated our ability to service our customers remotely during Hurricane
Harvey and the current Covid-19 pandemic. Thank you for your continued business and confidence in
LyondellBasell as a preferred supplier.
June 4, 2021
LyondellBasell Hurricane Plans
June 3, 2021
Subject: LyondellBasell 2021 Hurricane Preparedness Plans
Dear Valued Customer:
We are committed to providing a 2021 Hurricane Response Plan that maximizes the safety of our
employees and minimizes the disruption of services and supply to our customers. This communication
summarizes the LyondellBasell resources available to you if we experience a hurricane or other severe
weather conditions that impact our Gulf Coast operations.
To protect your business operations, we are strongly encouraging you to:
- Plan ahead as much as possible for potential severe weather-related supply disruptions. Our
US chemical and polymer supply chain is currently optimized for real-time supply demand dynamics and
could experience weather-related inventory disruptions and weather-related transportation issues (in an
already constrained transportation industry) as a result of a severe weather-related event. - Review our plans and resources outlined below, which are designed to mitigate the impact
of a severe weather-related event to our operations:
Communications:
Our toll-free customer service number 1-888-777-0232 will be available 24 hours a day. The
LyondellBasell Website, www.lyb.com, will also provide severe weather updates for customers. - Customer Service and Logistics Activities:
We plan to have personnel situated at safe locations with the required connectivity to manage
important customer service and logistics activities. We are also working with our logistics service
providers to ensure that they have Hurricane Preparedness Plans in place.
We encourage all of our customers to use the LyondellBasell online order management tool:
https://lyb.customerxpress.com/Login?ReturnUrl=%2f
This tool provides order placement options, order status updates, bills of lading, certificates of analysis,
invoices and tracking, and tracing of railcars.
If you are not familiar with our Customer Xpress tool, now would be an excellent time to sign up for it
with your Account Specialist, who will be happy to help you get started.
Plant Operations:
A process is in place to effectively manage our shutdown procedures, if required, prior to landfall of a
hurricane or other severe weather related event. Our recovery teams will immediately begin assessing
issues at our facilities once the situation is under control.
We are dedicated to minimizing disruption of services to our customers in the event of severe weather.
We have successfully demonstrated our ability to service our customers remotely during Hurricane
Harvey and the current Covid-19 pandemic. Thank you for your continued business and confidence in
LyondellBasell as a preferred supplier.
June 4, 2021
Huntsman Building Solutions Expansion
Huntsman has recently completed a major expansion and enhancement to its Arlington, TX, USA, manufacturing campus. (Source: Huntsman) 02. June 2021
Huntsman Building Solutions: Major expansion in Texas
Huntsman Building Solutions has recently completed a major expansion and enhancement to its Arlington, TX, USA, manufacturing campus. With two of three phases now complete, the campus is one of the largest spray foam and coatings manufacturing facilities in the world.
“The recent formation of Huntsman Building Solutions combined the two legacy Demilec and Icynene-Lapolla spray foam companies with the power of the Huntsman brand, bringing a more diverse and expansive customer experience,” says Simon Baker, president of Huntsman Building Solutions. “Our Arlington facility now expands our manufacturing footprint with a robust family of building envelope and roofing solutions, which is undoubtedly now one of the largest spray foam manufacturing facilities in the world.”
The expansion of Huntsman Building Solutions’ Arlington site brings it to over 800,000 square feet, encompassing three adjacent structures. The expansion effort has enabled the company to integrate domestic manufacturing of all of its products – spray foam insulation, spray foam roofing, pour-in-place foams and coatings – onto one US campus. All facilities and operations within the campus also employ the best in Huntsman Corporation’s safety designs and processes.
“This facility now leverages the best practices, state-of-the-art automation and operational excellence of all three companies,” adds Baker. “Notably, the integration dramatically expands our product output capacity and there is additional capacity to grow the campus even further in the future.”
The expansion was completed in two phases and a third is planned, which will establish a 75,000-square-foot distribution center onsite, serving all of the company’s US customers.
The enhanced Arlington campus will continue to complement operations at the Huntsman Building Solutions Canadian factory in Boisbriand, Quebec, another manufacturing facility the company is currently investing in expanding as it plans for significant growth.
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