Huntsman Corp. has announced the appointment of Anthony P. Hankins, president of the company’s Polyurethanes division, to the new role of chief executive officer, Asia Pacific. The new position was created to provide leadership and coordination for Huntsman’s expanding presence in the region. Hankins, who will be based in new regional headquarters in Hong Kong, will facilitate the corporate and cross-divisional activities required to deliver growth, including investments and partnerships, strengthening the company’s asset base, developing people capability, and building relationships with governmental organizations and other key stakeholders.

“I am delighted that Tony Hankins is taking on this important challenge,” said Peter R. Huntsman, president and CEO of Huntsman. “Asia Pacific already accounts for a quarter of our global sales, but we have recognized that we need to accelerate our investment in people and physical assets to strengthen our long-term position in this exciting market. Tony has extensive experience with working and living in the region and he has a deep understanding of the Huntsman business and culture; thus he is perfectly suited to guide this next-stage development of our company in Asia.”

Hankins will continue as president of the Polyurethanes division, which will relocate its global headquarters from The Woodlands, Texas, to Hong Kong in 2011.

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