Plastics Industry Legend Dies
Jon M. Huntsman Passes away at Age 80
According to a news release from Huntsman Corporation, The Woodlands, TX/USA, Jon M. Huntsman, founder and Chairman Emeritus of Huntsman Corporation, passed away on February 2, 2018, at his home in Salt Lake City, Utah, surrounded by family.
Jon M. Huntsman was a pioneer in the chemical industry, having founded the Huntsman Container Company in 1970, which revolutionized packaging and plastics, and was the initial predecessor to what is today known as Huntsman Corporation. In 1974, Mr. Huntsman created the "clamshell" container for fast-food sandwiches and went on to invent as many as 30 other popular products, including the first plastic plates and bowls.
In 1982, Mr. Huntsman formed Huntsman Chemical Corporation in Salt Lake City. While serving as its Chairman and CEO, he led the Company through constant, rapid growth with myriad impeccably timed and well-integrated acquisitions. Today Huntsman Corporation and Venator Corporation (a public subsidiary of Huntsman Corporation) together represent an USD 11 billion global manufacturer and marketer of chemicals. In December 2017, the Board of Directors of Huntsman Corporation named Mr. Huntsman Director and Chairman Emeritus, and elected his son, Peter R. Huntsman, Chairman, President and CEO, who says: "Some 10,000 Huntsman employees today mourn the loss of our founder. Dad loved to visit our sites around the world. Many of our employees knew him personally, and he knew many of them by name. All respected him deeply."
First Philantropist, then Business Man
According to Huntsman Corporation, Mr. Huntsman was a philanthropist, his mission was to find a cure for cancer and alleviate its ravaging effects on mankind. In 1995, he contributed USD 100 million to establish the Huntsman Cancer Institute, a pioneer in genetic research and treatment and today one of the world’s most renowned cancer institutes and hospitals, located in Salt Lake City. To date, over USD 2 billion has been directed to the Huntsman Cancer Institute and Hospital, a substantial portion of which came directly from Mr. Huntsman and his wife Karen.
The Huntsman Cancer Foundation, whose sole purpose is to raise funds to support the mission of the Huntsman Cancer Institute, is accepting donations in Mr. Huntsman’s memory.
Huntsman Corporation Corporate Office
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