Tuesday, October 20, 2009

Huntsman Chemical Corporation

Our visit to Huntsman Chemical was fascinating and eye-opening as to how a multinational company in Europe operates. To begin our tour, we were debriefed by a safety director regarding safety rules and policies. We could immediately tell that the company vigorously strives to maintain a safe environment.

Huntsman operates all over Europe and allows its facilities a lot of autonomy. Many companies in Europe are decentralized, and they must be in order to be adaptable to the cultural variance. The past year and a half has seen a significant world recession, and Huntsman Chemical has made several adjustments in order to weather the economic storm. Nick Webster, a director at Huntsman Chemical, hopes that within the next year the company will be back on the same financial feet it was on before.

Huntsman Chemical supplies companies with various chemicals. They are used in industries such as plastic, automotive, textiles, footwear, construction, agriculture and health care. During our visit in Brussels we learned particularly about chemicals that are used for plastic products (such as polyurethane), insulation materials, chemicals for making foam padding, and adhesives.

It is important to note that Jon M. Huntsman, the owner and founder of this company, virtually funded our trip to Europe. In the fall of 2007, Mr. Huntsman donated some money to the College of Business at Utah State University, and the professors have used it to fund the Huntsman Scholars Program. The business school was thereafter named the Jon M. Huntsman School of Business in his honor. For more information about Mr. Huntsman and his many gracious contributions to the world, visit http://huntsman.usu.edu/htm/about-the-school/huntsman.


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