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Huntsman CEO's brother joins US presidential race

By Ben DuBose

Jon Huntsman, the brother of Huntsman CEO Peter Huntsman, has formally declared his candidacy for the Republican nomination for US president in 2012.

The 51-year-old is the son of Jon Huntsman Sr., who founded the US-based chemicals major.

Huntsman had recently served as President Barack Obama’s ambassador to China, and was formerly the governor of Utah.

Earlier in his career, Huntsman worked as an executive for his family’s company.

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