Huntsman Corp. announced that Tony Hankins, the division president of the company's Polyurethanes business unit, has elected to retire at the end of this calendar year. Steen Weien Hansen, currently serving as senior vice president, responsible for the global automotive, elastomers and the Americas business units in the division, will be appointed division president of Huntsman Polyurethanes effective June 1, 2025. 

Huntsman reports that Hankins has had a long and storied career at the company and its predecessor, Imperial Chemical Industries. He started in the company in 1980, being promoted through the ranks there on multiple occasions, helping Huntsman build its China business, and serving as one of the company's most trusted senior executives. He will continue to advise senior management and the board through December 31, 2025, and support the full handover of his duties as division president to Hansen on June 1, 2025. The company stated that it is “immensely thankful to Tony for his many years of committed service.”

Hansen joined the company with its acquisition of the polyurethanes division of Imperial Chemical Industries in 1999 in the corporate purchasing group and moved into the Polyurethanes business in a commercial capacity in Europe two years later. He spent seven years in the company's Advanced Materials business, serving as vice president of its Asia-Pacific operations for four years before returning to Polyurethanes as vice president of its European, India, and Middle East region and reporting to Hankins. Hansen relocated to the United States in 2022 to focus on addressing developing challenges in the division's global operations and Americas region.

Peter R. Huntsman, Huntsman's president, CEO, and chairman, commented, "During his tenure, Tony Hankins has served Huntsman with incredible distinction. His industry knowledge and creativity have made him immensely valuable to our company, and he has trained and positively influenced an entire generation of managers. In this respect, I know his influence will be felt for many years to come. In his own right, Steen has built a well-deserved reputation as a fierce executor of corporate strategy over his 20-plus years at the company. During his past three years in the United States, he has more than demonstrated strong leadership capabilities and strategic thinking. We will certainly utilize Steen's full skillset going forward."

Additional information about Huntsman is available at www.huntsman.com.