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Huntsman: Increased volumes contribute to Q4 2009 operating profit rise

Huntsman (Salt Lake City, Utah / USA; www.huntsman.com) has reported operating profit (adjusted EBITDA) of USD 165m (EUR 121m) for the fourth quarter of 2009, compared with USD 51m in Q4 2008. Sales in the period were USD 2.10 bn, a year-on-year increase of 2%, while volumes increased year-on-year by 13%.

Full year operating profit in 2009 was USD 511m, down from USD 643m in 2008, on sales down 24% year-on-year at USD 7.76 bn. Full year operating profit in the polyurethanes division was marginally up on 2008, at USD 384m, on sales down 26% year-on-year at USD 3.0 bn.

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