SOURCE: Industrial Info Resources

Industrial Info Resources

February 22, 2010 05:15 ET

Huntsman Optimistic for 2010, Despite Big Drops in Fourth-Quarter and Full-Year 2009, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - February 22, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Chemicals company Huntsman Corporation (NYSE:HUN) (The Woodlands, Texas) reported a steep drop in earnings for fourth-quarter and full-year 2009. Net income for the fourth quarter was $66 million, an 89% decline year-over-year, and $114 million for the full year, an 81.3% decline from 2008. Industrial Info is tracking Huntsman Corporation projects worth more than $200 million, many of which involve upgrades, additions and equipment replacements at operating plants.

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Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy-related markets. For more than 26 years, Industrial Info has provided plant and project spending opportunity databases, market forecasts, high resolution maps, and daily industry news. For more information send inquiries to chemicalsgroup@industrialinfo.com or visit us online at www.industrialinfo.com.

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