Huntsman

Huntsman Corp. engages in the manufacturing of differentiated organic chemical products. It operates through the following segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The Polyurethanes segment manufactures and markets polyurethane chemicals, including MDI products, PO, polyols, PG, TPU, aniline, and MTBE. The Performance Products segment produces and sells amines, surfactants, LAB, and maleic anhydride to a variety of consumer and industrial end markets. The Advanced Materials segment provides basic liquid and solid epoxy resins, specialty resin compounds, cross linking, matting and curing agents, epoxy, acrylic, and polyurethane based polymer products. The Textile Effects segment consists of market share for textile chemicals and dyes. The company was founded by Jon Meade Huntsman Sr. in 1970 and is headquartered in The Woodlands, TX.

Earnings data Q2 2023

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Huntsman Corp. engages in the manufacturing of differentiated organic chemical products. It operates through the following segments: Polyurethanes, Performance Products, and Advanced Materials. The Polyurethanes segment manufactures and markets polyurethane chemicals, including MDI products, PO, polyols, PG, TPU, aniline, and MTBE. The Performance Products segment produces and sells amines, surfactants, LAB, and maleic anhydride to a variety of consumer and industrial end markets. The Advanced Materials segment provides basic liquid and solid epoxy resins, specialty resin compounds, cross linking, matting and curing agents, epoxy, acrylic, and polyurethane based polymer products. The company was founded by Jon Meade Huntsman Sr. in 1970 and is headquartered in The Woodlands, TX.

Shares of Huntsman Corp. HUN, +1.16% rose 1.1% in afternoon trading Wednesday, after the specialty chemicals company's credit rating was upgraded out of "junk" territory at S&P Global Ratings, citing a strengthened risk profile as cost-cutting and pricing initiatives has improved profitability. S&P raised Huntsman's credit rating to BBB-, which is the rating agency's lower investment-grade rating, and said the outlook for the rating was "stable.

Huntsman stock gains after S&P boosts credit rating into 'investment-grade' territory

Huntsman (HUN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why the Earnings Surprise Streak Could Continue for Huntsman (HUN)

Huntsman (HUN) gains on its downstream growth strategy and synergies of acquisitions amid raw material and logistics constraints.

Here's Why You Should Hold Onto Huntsman (HUN) Stock for Now

THE WOODLANDS, Texas , April 1, 2022 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) will hold a conference call on Thursday, April 28, 2022, at 10:00 a.m. ET to discuss its first quarter 2022 financial results, which will be released at approximately 6:00 a.m.

Huntsman to Discuss First Quarter 2022 Results on April 28, 2022

Huntsman (HUN) plans to repurchase roughly $1 billion of the remaining $1.9 billion in stock this year.

Huntsman (HUN) Doubles Share Repurchase Program to $2 Billion

Huntsman (HUN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Huntsman (HUN) Soars 5.3%: Is Further Upside Left in the Stock?

THE WOODLANDS, Texas , March 28, 2022 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today announced that the company's newly elected board of directors has authorized a doubling of its existing share repurchase program from $1 billion to $2 billion.  As of December 31st, 2021, the Company had already repurchased $102 million of shares under the original program.

Huntsman Doubles Size of Share Repurchase Authorization to $2 Billion, Targets $1 Billion of Repurchases in 2022

An activist campaign to overhaul the board fell short.

Why Huntsman Shares Are Down Today

THE WOODLANDS, Texas , March 25, 2022 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today announced, based on preliminary vote results provided by its proxy solicitor following the Company's 2022 Annual Meeting of Stockholders, that Huntsman shareholders have voted to elect all 10 of its director nominees – Peter R. Huntsman, Dr. Mary C.

Huntsman Shareholders Elect All Huntsman Director Nominees at 2022 Annual Meeting

Hedge fund Starboard Value LP has not secured enough support from shareholders of Huntsman Corp to replace four of the U.S. specialty chemicals maker's board directors with its own nominees, people familiar with the matter said on Friday.

Exclusive-Starboard poised to lose board challenge against Huntsman-sources

NEW YORK, March 25, 2022 /PRNewswire/ -- Starboard Value LP (together with its affiliates, "Starboard" or "we"), one of the largest shareholders of Huntsman Corporation (NYSE: HUN) ("Huntsman" or the "Company"), with an ownership interest of approximately 8.8% of the Company's outstanding shares, today announced that it has delivered an open letter to Huntsman shareholders. The full text of the letter to Huntsman shareholders follows: Dear Fellow Shareholders, As you know, Starboard Value LP (together with its affiliates, "Starboard" or "we") is one of the largest shareholders of Huntsman Corporation ("Huntsman" or the "Company"), with an ownership stake of approximately 8.8% of the Company's outstanding shares.

STARBOARD DELIVERS LETTER TO HUNTSMAN SHAREHOLDERS

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It is hard to believe, but the first quarter will end in a week and many investors will be reviewing their portfolios and making changes for the second quarter and the rest of 2022.

5 Analyst ‘Strong Buy' Stocks Pay Dependable Dividends and May Be Big Q2 Winners

The Ultreya contains nmblFOAM ®  based on Huntsman's PU elastomers THE WOODLANDS, Texas, March 22, 2022 /PRNewswire/ -- Polyurethane experts from Huntsman (NYSE: HUN) have collaborated with running shoe specialist Joe Nimble and Footwear Innovation Lab GmbH on an innovation project – a revolutionary, high-performance running shoe. Joe Nimble's Ultreya, which launched this week with a limited edition drop, offer extra comfort to marathon and long-distance runners, and can help minimize the risk of pain and injury.

Huntsman Helps Joe Nimble Create High-Performance Running Shoe

Egan-Jones Recommends Huntsman Shareholders Vote on Starboard's BLUE Proxy Card to Elect All Four of Starboard's Nominees at Upcoming Annual Meeting ISS and Egan-Jones Both Recommend that Shareholders Vote on Starboard's BLUE Proxy Card Including for the Election of Both James Gallogly and Jeffrey Smith Starboard Appreciates the Support from Fellow Shareholders Who Have Already Voted in Support of Starboard's Nominees Starboard Urges All Stockholders to Vote the BLUE Proxy Card to Support the Election of All Four of Starboard's Highly Qualified and Experienced Nominees NEW YORK, March 22, 2022 /PRNewswire/ -- Starboard Value LP (together with its affiliates, "Starboard" or "we"), one of the largest shareholders of Huntsman Corporation ("Huntsman," "HUN," or the "Company") (NYSE: HUN), with an ownership stake of approximately 8.8% of the Company's outstanding shares, today announced that Egan-Jones Proxy Services ("Egan-Jones"), an independent proxy voting advisory firm, has recommended that Huntsman shareholders vote on Starboard's BLUE proxy card to elect all four of Starboard's nominees to the Huntsman Board of Directors (the "Board") at the Company's upcoming 2022 Annual Meeting of Shareholders (the "Annual Meeting"). Egan-Jones' recommendation, combined with an earlier recommendation from Institutional Shareholder Services Inc. ("ISS") to also vote on Starboard's BLUE proxy card, provides significant validation that further change is needed on Huntsman's Board.

Egan-Jones recommends huntsman shareholders vote for all of Starboard's Nominees

Deliberate and Long-Term Portfolio Transformation and Substantial Board Refreshment Already Complete Huntsman's Nominees Are Vastly Superior to Starboard's Candidates Notes Widespread Industry Analyst Recognition of Huntsman's Successful Transformation and Proven Results Vote "FOR ALL" of Huntsman's Highly Qualified Director Nominees on the WHITE Proxy Card Today THE WOODLANDS, Texas, March 21, 2022 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) announced today that it has issued a letter to shareholders in connection with its upcoming Annual Meeting of Stockholders scheduled for March 25, 2022. The letter urges shareholders to vote the WHITE proxy card "FOR ALL" of Huntsman's highly qualified directors standing for election.

Huntsman Urges Shareholders to Vote to Support Its Superior Director Nominees at March 25th Annual Meeting

Huntsman (HUN) reported earnings 30 days ago. What's next for the stock?

Why Is Huntsman (HUN) Down 4% Since Last Earnings Report?

Emphasizes successful execution of strategic plan, historic results and 5-Year TSR of 91%1, substantial progress achieving 2022-2024 targets Highlights fully refreshed and fit for purpose Board holding management accountable Urges Shareholders to Vote "FOR ALL" of Huntsman's Highly Qualified Director Nominees on the WHITE Proxy Card THE WOODLANDS, Texas, March 16, 2022 /PRNewswire/ -- Peter R. Huntsman, Chairman of the Board of Directors of Huntsman Corporation (NYSE: HUN), issued the following letter to all Huntsman's shareholders in advance of its upcoming 2022 Annual Meeting of Stockholders, scheduled to be held on March 25, 2022: Dear Fellow Shareholders, We're less than 10 days away from our annual meeting and, like many of you, I remain puzzled as to why we find ourselves in a proxy fight.

Huntsman Chairman and CEO Issues Open Letter to Shareholders

Concludes that Starboard Has Made a "Compelling Case" That Change is Required on the Board to "Address Concerns with Management Accountability and Ensure That the Interests of Shareholders are Prioritized" Recommends Huntsman Shareholders Vote to Elect Starboard's Nominees – James Gallogly  and Jeffrey Smith - at Upcoming Annual Meeting on Starboard's BLUE Proxy Card Believes the Addition of Starboard's Nominees is Warranted to "Enhance Oversight" and Bring an " Independent Presence That is Unquestionably Aligned with Shareholders" Agrees with Starboard That the Board Has Overseen a Troubling History of Operating and Share Price Underperformance, Poor Corporate Governance Practices and Failed Commitments to Huntsman Shareholders Highlights Concerns with the Board's "Defensive Posture" and Recent Shareholder-Unfriendly Tactics, Noting That the Board's Actions are "Challenging to Reconcile with the Best Interests of Shareholders" States That the Board's "Previous Refreshment Efforts Had Been Insufficient" and Recognizes that Starboard's Involvement Likely Prompted the Recent Board Changes Starboard Urges All Shareholders to Vote the BLUE Proxy Card to Support the Election of All Four of Starboard's Highly Qualified Nominees NEW YORK, March 14, 2022 /PRNewswire/ -- Starboard Value LP (together with its affiliates, "Starboard" or "we"), one of the largest shareholders of Huntsman Corporation (NYSE: HUN) ("Huntsman," "HUN," or the "Company"), with an ownership interest of approximately 8.8% of the Company's outstanding shares, today announced that Institutional Shareholder Services Inc. ("ISS"), a leading independent proxy voting advisory firm, has recommended that Huntsman shareholders vote on Starboard's BLUE proxy card to elect Starboard nominees, James L. Gallogly and Jeffrey C.

ISS RECOMMENDS HUNTSMAN SHAREHOLDERS VOTE STARBOARD'S BLUE PROXY CARD

Strong fourth-quarter earnings performance and upbeat outlook have contributed to the rally in the Huntsman's (HUN) shares.

Huntsman (HUN) Up 39% in 6 Months: What's Driving the Rally?

THE WOODLANDS, Texas, March 13, 2022 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today announced that leading independent proxy advisory firm Glass Lewis has recommended that shareholders vote "FOR ALL" of Huntsman's director nominees on the WHITE proxy card at its 2022 Annual Meeting of Stockholders ("Annual Meeting") scheduled to be held on March 25, 2022. With less than two weeks before the Annual Meeting, Glass Lewis concluded1: "…in considering whether the Dissident's campaign represents an opportunity to further enhance the composition of the board, we would first note our belief that Starboard's four alternative nominees, as a slate, are inferior to the four directors targeted for replacement… Given the implications of the two proxy-card system, as well as our determination that Starboard has not satisfied the first criterion of our framework for contested elections, we do not believe sufficient cause exists for investors to vote on the Dissident's proxy card.

Leading Independent Proxy Advisory Firm Glass Lewis Recommends that Huntsman Shareholders Vote "FOR ALL" of Huntsman's Highly Qualified Director Nominees

THE WOODLANDS, Texas, March 10, 2022 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today announced that it has mailed a letter to shareholders in connection with its upcoming Annual Meeting of Stockholders scheduled for March 25, 2022 ("Annual Meeting") urging shareholders to vote the WHITE proxy card "FOR ALL" of Huntsman's highly qualified directors standing for election. Stockholders of record as of February 1, 2022, will be entitled to vote at the meeting.

Huntsman Mails Letter to Shareholders Emphasizing Record Results and Continued Momentum

Huntsman's (HUN) improved Q1 guidance is backed by continued momentum in the Performance Products segment.

Huntsman (HUN) Provides Stronger Updated Outlook for Q1

NEW YORK, March 8, 2022 /PRNewswire/ -- Starboard Value LP (together with its affiliates, "Starboard" or "we"), one of the largest shareholders of Huntsman Corporation (NYSE: HUN) ("Huntsman," "HUN," or the "Company"), with an ownership interest of approximately 8.8% of the Company's outstanding shares, today announced that it has issued a supplemental presentation responding to various false and misleading statements and mischaracterizations made by Huntsman in its recent investor presentation. The supplemental presentation is available for viewing at https://shareholdersforhuntsman.com/supplemental-materials-to-set-the-record-straight-on-huntsman.

STARBOARD ISSUES SUPPLEMENTAL MATERIALS TO ADDRESS CERTAIN FALSE AND MISLEADING STATEMENTS BY HUNTSMAN

THE WOODLANDS, Texas, March 7, 2022 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today announced that it has mailed a letter to shareholders in connection with its upcoming Annual Meeting of Stockholders scheduled for March 25, 2022 ("Annual Meeting"), addressing the false and misleading statements made by Starboard Value LP and urging shareholders to vote the WHITE proxy card "FOR ALL" of Huntsman's highly qualified directors standing for election. Stockholders of record as of February 1, 2022, will be entitled to vote at the meeting.

Huntsman Mails Letter to Shareholders Setting the Record Straight on Starboard's False and Misleading Statements

THE WOODLANDS, Texas, March 7, 2022 /PRNewswire/ -- Management of Huntsman Corporation (NYSE: HUN) is participating in several investor meetings in the coming weeks and intends to provide the following updated guidance for the first quarter 2022: Following a review of February results and the developing business trends in March, management now expects first quarter 2022 adjusted EBITDA to be at or even above the high end of the previously communicated range of $350 million to $380 million. Adjusted EBITDA margin for the first quarter is trending to 17% even in the face of significant energy cost escalation in Europe.

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