Performance Products

Don Stanutz – Division President

APAC Customer Event 2007 2

Forward Looking Statements

This presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include statements concerning our plans, objectives, goals, strategies, future events, future revenue or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions, business trends and other information that is not historical information. When used in this presentation, the words “estimates,” “expects,” “anticipates,”“projects,” “plans,” “intends,” “believes,” “forecasts,” or future or conditional verbs, such as “will,” “should,” “could” or “may,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements, including, without limitation, management’s examination of historical operating trends and data, are based upon our current expectations and various assumptions. Our expectations, beliefs and projections are expressed in good faith, and we believe there is a reasonable basis for them. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved.

There are a number of risks and uncertainties that could cause our actual results to differ materially from the forward-looking statements contained in this presentation. Such risks, uncertainties and other important factors include, among others: future global economic conditions, changes in raw material and energy prices, access to capital markets, industry production capacity and operating rates, the supply demand balance for our products and that of competing products, pricing pressures, technological developments, changes in government regulations, geopolitical events and other risk factors as discussed in our most recently filed Form 10-K and Forms 10-Q.

All forward-looking statements attributable to us or persons acting on our behalf apply only as of the date made and are expressly qualified in their entirety by the cautionary statements included in this presentation. We undertake no obligation to update or revise forward-looking statements which may be made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events.

This presentation contains financial measures that are not in accordance with generally accepted accounting principles in the U.S. ("GAAP"), including EBITDA, adjusted EBITDA from continuing operations, adjusted EBITDA from discontinued operations, normalized EBITDA and net debt. The Company has provided reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures in the Appendix to this presentation.

APAC Customer Event 2007 3

Business Dimensions

• $2.2bn Sales Turnover

(LTM, 2007 Expectation)• 1,925 Global Associates

• 2.2 Million Metric Tonnes Annual Production

• 16 Manufacturing Sites, 2 JV Manufacturing Locations

• 3 R&D Centers• Over 1,000 Products Sold in 100+ Countries

APAC Customer Event 2007 4

Rapid and Continuing Growth

$0

$250

$500

$750

$1,000

$1,250

$1,500

$1,750

$2,000

$2,250

1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007

LV

Tu

rno

ve

r

$ M

illio

ns

9 Acquisitions Plus Aggressive Investments in the Acquired Businesses along the Way

APAC Customer Event 2007 5

Evolution

1993

MonsantoMaleic Anhydride, LAB

1994

TexacoAmines, EO, Surfactants

1996 - 1999

Rhodia Polyols

Nitroil Amines

Baker Surfactants

Orica Surfactants

Degussa Carbonates

2001

Albright & WillsonSurfactants

DowEthyleneamines

Performance Products Division

Performance Specialties

Maleic Anhydride andLicensing

Performance Intermediates

APAC Customer Event 2007 6

Product Lines

� Ethylene Derivatives- Ethylene Oxide- E.O. Tolling- Ethylene Glycols- Ethanolamines- Household, I&I, Personal

Care Surfactants- Specialties Surfactants- Carbonates- Ethyleneamines

� Propylene Derivatives- Polyetheramines- Propyl Amines- Carbonates- Household, I&I, Personal

Care Surfactants- Specialties

Surfactants

� Maleic Anhydride

� Catalysts

� LAB & Alkylates

� Sulfonated Surfactants

� Formulated Surfactants

� Amines

� Intellectual Property & Technology Licensing

Performance Intermediates

Performance Specialties

Maleic Anhydride, Catalysts

Licensing

APAC Customer Event 2007 7

Diverse End Markets

4 Global Business Segments -$2+ Billion Annual Sales

� Maleic Anhydride & Catalysts

� Intermediate Chemicals (Ethylene & Propylene Derivatives)

� Specialty Chemicals (Amines & Surfactants)

� Technology Licensing

Agrochemical

12%

Household

Detergents &

Surfactants

17%

Construction

8%

Chemical

Processing

10%Paper & Water

Processing

4%

Metal, Mining,

Oilfield

6%

Ceramics &

Electronics

3%

Fuels &

Lubricants

7%

Personal Care

3%

Coatings &

Adhesives

5%Composites

8%

Industrial

Intermediates &

Fibers

14%

Solvents

3%

APAC Customer Event 2007 8

Leading Positions in Major Products

Performance Specialties

Maleic Anhydride

Performance Intermediates

#3 in North AmericaEthylene Oxide

#3 in North America, #3 in Europe

Ethoxylated Surfactants

#2 in North AmericaLinear Alkylbenzene (LAB)

#2 in North AmericaEthanolamines

#2 in EuropeSulfonated Surfactants

#2 GloballyEthyleneamines

#2 GloballyMaleic Anhydride (MAn)

#1 GloballyEthylene and Propylene Carbonates

#1 GloballyMorpholines/DGA and Gas Treating

#1 GloballyPolyetheramines

APAC Customer Event 2007 9

Performance Products in APAC

2 Manufacturing Plants

$250 Million in Sales (10% Growth Per Year)

240 Huntsman Associates

Highly Respected & Appreciated Business Relationships

Shanghai R&D Center

Sydney ManufacturingFacility

Melbourne R&D Center

Singapore Manufacturing FacilitySingapore Regional Headquarters

APAC Customer Event 2007 10

Current Initiatives in APAC

� Growth and Investment

� Investments in Innovation

� New Technology Platforms

� Geographic Extension

APAC Customer Event 2007 11

Technology Licensing Activities in APAC

� Maleic Anhydride

� Renewable Feedstock Propylene Glycol

� Ethanolamines

� Ethyleneamines

� Propylene Oxide/TBA

� Carbonates

APAC Customer Event 2007 12

Opportunities & Development Activities

� Thirst for Innovation

� Sustainability & Environmentally Friendlier Products

� Technology Licensing

APAC Customer Event 2007 13

Opportunities & Development Activities

� Environmental Initiatives

� Increased Energy Efficiencies

� Alternate Energy Scenarios

APAC Customer Event 2007 14

Huntsman – A Growing Transition to Green and More Sustainable Chemistry

From To

Non-Renewable Feedstocks Renewable Feedstocks

APAC Customer Event 2007 15

Feedstocks…non-renewable..

Petroleumfeedstock

Fuels

Solvent

Bulk chemicals

Plastics

Fibres

Fine chemicals

Oils

Petroleum refinery

APAC Customer Event 2007 16

And renewable…

Fuels

Solvents

Bulk chemicals

Plastics

Fibres

Fine chemicals

Oils

Grain

Bio-refinery

APAC Customer Event 2007 17

Potential Bio Mass Feedstocksfor Future Huntsman Products

� Vegetable Oils

� Glycerine

� Methyl Esters (Bio Diesel), Fatty Acids

� Natural Alcohols

� Carbohydrates (including starches/sugars)

APAC Customer Event 2007 18

Future Huntsman Products Based on Green Chemistry

� Propylene Glycol

� Epichlorohydrin, Epoxy Resins

� Surfactants

� Amines & Curing Agents

� Urethane Polyols

� Solvents

� Textile Processing Products