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 Q4 2020

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Huntsman navigates mixed Q4 performance, eyes China growth opportunities

Huntsman's Q4 2022 earnings call highlighted a mix of performance across divisions, with a focus on cost optimization and managing challenges in the Polyurethanes division. The company remains optimistic about market improvements in China and opportunities for growth through strategic investments and buybacks. Challenges persist in managing industry-wide uncertainties and supply chain issues.

Huntsman tackles challenges, eyes growth in energy-efficient products in China

Huntsman navigated a challenging Q1 with a focus on managing costs, restructuring, and optimizing cash flow. Despite headwinds like destocking and pricing pressures, the company remains resilient with a strong balance sheet and strategic growth initiatives in place.

Huntsman focuses on growth strategies amidst market challenges and opportunities

Huntsman's Q2 2023 earnings call highlighted strategies for growth and recovery. The company remains committed to enhancing shareholder value through cost management and portfolio review. Challenges include volume declines and margin erosion in certain segments, while opportunities lie in portfolio optimization and potential market tightening.

Huntsman addresses challenges, eyes growth in Advanced Materials market

Huntsman navigated challenges in Q3 with a focus on cost realignment and margin improvement. Emphasis on Advanced Materials and international markets for growth. Uncertainties remain for Q4 amid economic conditions and inventory adjustments.

Huntsman plans dividend increase and strategic growth initiatives for 2024

Huntsman's strategic focus on recovery, cash flow improvement, and portfolio assessment positions the company for growth and profitability.
Despite challenges from external policies and cost pressures, the company's emphasis on innovation, cost management, and market opportunities bode well for future success.
With a positive outlook on demand recovery, pricing improvements, and operational enhancements, Huntsman is poised to navigate market dynamics and drive shareholder value.
By balancing strategic investments in innovation, cost efficiency, and market positioning, Huntsman aims to strengthen its financial performance and competitive position.

Huntsman reports steady growth in advanced materials and eyes market consolidation

Huntsman's Q1 2024 Earnings Call highlighted positive performance in advanced materials sales and expectations of improved MDI unit margins. The company's strategic strengths in acquisitions and portfolio optimization position it for sustainable growth. Challenges include margin improvements in polyurethanes and market struggles in certain European regions, while opportunities lie in expanding the spray foam business and consolidating MDI supply markets.

Huntsman reports strong Q2 growth amidst margin challenges and opportunities

Huntsman's Q2 performance reflects steady growth in volumes and a proactive approach to addressing market challenges. The company is poised to capitalize on opportunities for margin improvement and strategic acquisitions while navigating industry dynamics.

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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.

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.

Huntsman Updates Its First Quarter 2022 Outlook and Comments On Its Recent Credit Rating Upgrade

Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?

Huntsman (HUN) Just Overtook the 20-Day Moving Average

THE WOODLANDS, Texas, March 2, 2022 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today announced that it has filed an investor presentation with the U.S. Securities and Exchange Commission in connection with its 2022 Annual Meeting of Stockholders ("Annual Meeting"). The presentation is available at https://voteforhuntsman.com/ or on the investor relations section of the Company's website.

Huntsman Files Investor Presentation Highlighting Successfully Transformed Portfolio, Enhanced Financial Profile and Refreshed Board

NEW YORK, March 1, 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 issued a detailed presentation titled "Transforming Huntsman Corporation," outlining Starboard's views on Huntsman, the challenges that plagued the Company historically and continue to exist today, opportunities to drive improved performance, and details surrounding Starboard's slate of highly-qualified and experienced director nominees for election to the Huntsman Board of Directors (the "Board") at the Company's upcoming 2022 Annual Meeting of Shareholders (the "Annual Meeting"). The full presentation, Transforming Huntsman Corporation, can be found at https://www.starboardvalue.com/wp-content/uploads/Starboard_Value_LP_HUN_Shareholder_Presentation_03.01.2022.pdf    Below are some highlights from Starboard's detailed presentation.

Starboard Issues Detailed Investor Presentation On Huntsman

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THE WOODLANDS, Texas, Feb. 28, 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, 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 That Highlights Refreshed and Fit-for-Purpose Board and Underscores Starboard Nominees' Lack of Relevance to Huntsman's Transformed Portfolio

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Huntsman (HUN) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Why Fast-paced Mover Huntsman (HUN) Is a Great Choice for Value Investors

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Here's Why Huntsman (HUN) is a Great Momentum Stock to Buy

THE WOODLANDS, Texas, Feb. 17, 2022 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today announced that it has filed definitive proxy materials with the Securities and Exchange Commission ("SEC") in connection with its upcoming Annual Meeting of Stockholders scheduled for March 25, 2022. Stockholders of record as of February 1, 2022, will be entitled to vote at the meeting.

Huntsman Files Definitive Proxy Materials and Mails Letter to Shareholders

NEW YORK, Feb. 17, 2022 /PRNewswire/ -- Starboard Value LP (together with its affiliates, "Starboard" or "we"), one of the largest stockholders of Huntsman Corporation (NYSE: HUN) ("Huntsman" or the "Company"), with an ownership interest of approximately 8.6% of the Company's outstanding shares, today announced that it has delivered a letter to Huntsman in connection with the Company's repeated questions and requests for information regarding Starboard and its nominees following delivery of Starboard's nomination notice to the Company. The full text of Starboard's letter to Huntsman follows and can also be viewed at the following link: https://www.starboardvalue.com/wp-content/uploads/Starboard_Value_LP_Response_Letter_to_HUN_02.17.2022.pdf February 17, 2022 Huntsman Corporation10003 Woodloch Forest Drive The Woodlands, TX 77380Attn: David M.

STARBOARD DELIVERS LETTER TO HUNTSMAN CORPORATION

Huntsman's (HUN) Q4 results benefit from higher sales across all segments in the quarter.

Huntsman's (HUN) Earnings and Revenues Top Estimates in Q4

Huntsman Corporation (HUN) CEO Peter Huntsman on Q4 2021 Results - Earnings Call Transcript

Shares of the chemical maker rose on the company's earnings release, which clearly pleased Wall Street.

Why Huntsman Stock Rallied as Much as 10% Today

Huntsman (NYSE: HUN) is a diversified organic chemicals company with customers in end markets ranging across all verticals and industries. The company has been working hard over the past year or so to reposition itself as a more focused company and those efforts are bearing fruit.

Huntsman Aims High, Exceeds Targets

Huntsman (HUN) delivered earnings and revenue surprises of 7.95% and 3.38%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Huntsman (HUN) Beats Q4 Earnings and Revenue Estimates

THE WOODLANDS, Texas, Feb. 15, 2022 /PRNewswire/ -- Fourth Quarter Highlights Fourth quarter 2021 net income of $607 million compared to net income of $360 million in the prior year period; fourth quarter 2021 diluted earnings per share of $2.73 compared to diluted earnings per share of $1.54 in the prior year period. Fourth quarter 2021 adjusted net income of $207 million compared to adjusted net income of $113 million in the prior year period; fourth quarter 2021 adjusted diluted earnings per share of $0.95 compared to adjusted diluted earnings per share of $0.51 in the prior year period.

Huntsman Announces Fourth Quarter and Full Year 2021 Earnings; Fourth Quarter Buybacks of over $100 million and Dividend Increased 13%

THE WOODLANDS, Texas, Feb. 14, 2022 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today announced that its board of directors declared a $0.2125 per share cash dividend on its common stock. This represents a 13% increase from the previous dividend.

Huntsman Announces a 13% Increase in First Quarter 2022 Common Dividend

While listed as a chemical company, Huntsman has spent the last few decades buying and selling other companies.

News for Huntsman Stock (HUN)