The Woodlands, Texas -- Huntsman has appointed Tony Hankins, president of the company's Polyurethanes division, to a new role as ceo, Asia Pacific.
Hankins, who will continue in his PU role, will "facilitate the corporate and cross-divisional activities required to deliver growth," Huntsman said in a 17 Feb statement.
The role will be based in the firm's new regional headquarters in Hong Kong, where the global headquarters of the Huntsman Polyurethane unit is due to relocate from Texas during the course of 2011.
"I am delighted that Tony Hankins is taking on this important challenge," said Peter Huntsman, ceo of Huntsman Corp. "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."
He added, "Tony has extensive experience of working and living in the region, he has a deep understanding of the Huntsman business and culture and so is perfectly suited to guide this next stage development of our company in Asia." LMH