The lawsuit filed by 17 reinsurance companies on Aug. 31, 2007, against Huntsman Corporation and International Risk Insurance Company, the Company’s captive insurer, remains pending in the U.S. District Court, Southern District of Texas.
The reinsurance companies reinsure risks under the…
Huntsman Corporation is involved in disputes with Hexion Specialty Chemicals, Inc., and certain Apollo entities in connection with the Company’s July 12, 2007 merger agreement with Hexion.
Pursuant to the Merger Agreement, Hexion agreed to acquire all the Company’s outstanding…
Huntsman Corporation disclosed in its latest Quarterly Report filed with the Securities and Exchange Commission that as of June 30, 2008, two claims remain unresolved relating to discoloration of unplasticized polyvinyl chloride products allegedly caused by the Company’s titanium dioxide.
The…