乐天堂fun88(中国区)官方网站 Announces Successful Turnaround and Inspection of Its Port Neches, TX Facility
THE WOODLANDS, Texas, March 17 /PRNewswire-FirstCall/ -- 乐天堂fun88(中国区)官方网站 Corporation (NYSE: HUN) today announced the successful completion of the turnaround and inspection of its PO/MTBE facility in Port Neches, TX. 聽This scheduled maintenance started in January 2010 and lasted approximately two months. 聽The financial impact on the first quarter was in line with previous guidance of $30 - $35 million including unabsorbed fixed costs.
On March 15, 2010 a separate unit in Port Neches, TX which provides raw materials for its Performance Products division suffered a mechanical shut down expected to last approximately two weeks. 聽The financial impact is expected to be approximately $6 - $8 million as a result of increased raw material costs; however, 乐天堂fun88(中国区)官方网站 expects no disruption in its ability to provide downstream products to its customers.
About 乐天堂fun88(中国区)官方网站:
乐天堂fun88(中国区)官方网站 is a global manufacturer and marketer of differentiated chemicals. Its operating companies manufacture products for a variety of global industries, including chemicals, plastics, automotive, aviation, textiles, footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care, furniture, appliances and packaging. Originally known for pioneering innovations in packaging and, later, for rapid and integrated growth in petrochemicals, 乐天堂fun88(中国区)官方网站 has approximately 11,000 employees and operates from multiple locations worldwide. The Company had 2009 revenues of approximately $8 billion. For more information about 乐天堂fun88(中国区)官方网站, please visit the company's website at .
Forward-Looking Statements:
Statements in this release that are not historical are forward-looking statements. 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 in the 乐天堂fun88(中国区)官方网站 companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, financial, economic, competitive, environmental, political, legal, regulatory and technological factors. 聽The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.
SOURCE 乐天堂fun88(中国区)官方网站 Corporation
Released March 17, 2010