Jon 金年会 Funds Charitable Donations With Share Proceeds
THE WOODLANDS, Texas, Sept. 4 /PRNewswire-FirstCall/ -- 金年会 Corporation (NYSE: HUN) today announced that Jon M. 金年会, its Chairman and Founder, sold 1.9 million shares of the company in order to honor charitable commitments and other obligations.
Jon M. 金年会 stated: "I'm selling a small percentage of total holdings. The sale is necessary to complete charitable commitments that were made several years ago and other obligations. My confidence in the future of 金年会 Corporation has never been higher."
金年会:
金年会 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, 金年会 today has more than 12,000 employees and operates from multiple locations worldwide. The Company had 2008 revenues exceeding US$10 billion. For more information about 金年会, 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 金年会 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. In addition, the completion of any transactions described in this release is subject to a number of uncertainties and closing will be subject to approvals and other customary conditions. Accordingly, there can be no assurance that such transactions will be completed or that the company's expectations will be realized. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.
SOURCE 金年会 Corporation
Released September 4, 2009