[Federal Register Volume 67, Number 226 (Friday, November 22, 2002)]
[Notices]
[Page 70470]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-29762]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration on the New York Stock Exchange, Inc. (Huntsman 
Polymers Corporation, 11\3/4\% Senior Notes (due 2004)) File No. 1-9988

November 18, 2002.
    Huntsman Polymers Corporation, a Delaware corporation (``Issuer''), 
has filed an application with the Securities and Exchange Commission 
(``Commission''), pursuant to Section 12(d) of the Securities Exchange 
Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) thereunder,\2\ to withdraw 
its 11\3/4\% Senior Notes (due 2004) (``Security''), from listing and 
registration on the New York Stock Exchange, Inc. (``NYSE'' or 
``Exchange'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The Issuer stated in its application that it has met the 
requirements of the NYSE rules governing an issuer's voluntary 
withdrawal of a security from listing and registration.
    The Board of Directors (``Board'') of the Issuer approved 
resolutions on October 15, 2002 to withdraw the Issuer's Security from 
listing on the NYSE. In making its decision to withdraw the Issuer's 
Security from the Exchange, the Issuer's Board notes that the debt 
market for the Security is relatively small and offers significantly 
less liquidity and price discovery to investors compared to the NYSE 
equity market. In addition, the Board represents that competitive 
market forces, influenced both by the costs associated with maintaining 
the listing and by relative difference in trading volume, have made the 
over-the-counter markets the dominant venue for trading debt 
securities. The Issuer states that it is currently seeking quotation of 
the Security on the over-the-counter markets.
    The Issuer's application relates solely to the Security's 
withdrawal from listing on the NYSE and from registration under Section 
12(b) of the Act \3\ and shall not affect its obligation to be 
registered under Section 12(g) of the Act.\4\
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    \3\ 15 U.S.C. 78l(b).
    \4\ 15 U.S.C. 78l(g).
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    Any interested person may, on or before December 12, 2002, submit 
by letter to the Secretary of the Securities and Exchange Commission, 
450 Fifth Street, NW., Washington, DC 20549-0609, facts bearing upon 
whether the application has been made in accordance with the rules of 
the NYSE and what terms, if any, should be imposed by the Commission 
for the protection of investors. The Commission, based on the 
information submitted to it, will issue an order granting the 
application after the date mentioned above, unless the Commission 
determines to order a hearing on the matter.

For the Commission, by the Division of Market Regulation, pursuant 
to delegated authority.\5\
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    \5\ 17 CFR 200.30-3(a)(1).

Jill M. Peterson,
Assistant Secretary.
[FR Doc. 02-29762 Filed 11-21-02; 8:45 am]
BILLING CODE 8010-01-P