Huntsman Corp Stock Price, News & Analysis

Huntsman Corporation (NYSE: HUN) has announced the completion of its strategic review of the European Maleic Anhydride business, resulting in the closure of its facility in Moers, Germany by the end of the current quarter. The European operation recorded an adjusted EBITDA loss of approximately $10 million in 2024. Moving forward, European customers will be served from Huntsman's North American facilities in Pensacola, Florida and Geismar, Louisiana. The company expects to incur a one-time non-cash asset impairment charge of approximately $75 million during Q2 2025 due to the closure.

Huntsman Corporation (NYSE: HUN) announced key leadership changes in its Polyurethanes division. Tony Hankins, Division President of Polyurethanes, will retire at the end of 2025 after a career spanning over 40 years. Steen Weien Hansen, currently Senior Vice President overseeing global automotive, elastomers, and Americas business units, will succeed Hankins as Division President effective June 1, 2025.

Hansen, who joined through the acquisition of ICI's polyurethanes division in 1999, brings over 20 years of experience with the company, including leadership roles in Asia Pacific, Europe, India, and Middle East regions. Hankins will continue advising senior management and the Board through December 31, 2025, ensuring a smooth transition.

Huntsman Corporation (NYSE: HUN) has announced a quarterly cash dividend of $0.25 per share on its common stock. The dividend will be paid on June 30, 2025, to shareholders who are recorded as stockholders as of June 13, 2025. This dividend announcement demonstrates Huntsman's commitment to returning value to shareholders through regular dividend payments.

Huntsman Corporation (NYSE: HUN) reported Q1 2025 financial results with revenues of $1,410 million, down from $1,470 million in Q1 2024. The company posted a net loss of $5 million ($0.03 per share), improving from a $37 million loss ($0.22 per share) in the prior year period. Adjusted EBITDA decreased to $72 million from $81 million year-over-year. Free cash flow was negative at $107 million. The company faces challenging market conditions with low visibility and customer uncertainty affecting key markets including construction and transportation. Management is implementing cost reduction measures, including workforce reductions and asset optimization in Europe and North America. Huntsman maintains strong liquidity with approximately $1.3 billion in combined cash and unused borrowing capacity.

Huntsman Corporation (NYSE: HUN) has expanded its manufacturing facility in Conroe, Texas with a new E-GRADE® unit to serve the semiconductor industry's growing demands. The expansion focuses on producing high-purity, low-trace metal amines, including quaternary amines and amine oxides, essential for semiconductor chip manufacturing. This strategic investment aims to capitalize on the increasing demand driven by AI and advanced node chips while enhancing supply chain security. The facility will handle the complete production process from blending and purification to packaging, positioning Huntsman as a potential world-leading supplier of semiconductor-grade amines.

Huntsman (NYSE: HUN) has scheduled a conference call for Friday, May 2, 2025, at 10:00 a.m. ET to discuss its first quarter 2025 financial results. The company will release its earnings report, including financial statements and segment information, after market close on Thursday, May 1, 2025.

The earnings slide presentation and prepared remarks will be available on the company's investor relations website. The conference call will include opening remarks followed by a question and answer session, accessible via webcast and dial-in numbers for both domestic and international callers.

Huntsman (NYSE: HUN) has announced two key updates for shareholders. First, the company declared a quarterly cash dividend of $0.25 per share on its common stock, payable on March 31, 2025, to stockholders of record as of March 14, 2025. Second, the company will hold its 2025 Annual Meeting of Stockholders virtually on April 30, 2025, at 8:00 a.m. Central Time. Shareholders of record as of March 7, 2025, will be eligible to vote at the meeting.

Huntsman (NYSE: HUN) reported Q4 2024 results with revenues of $1,452 million, showing a net loss of $141 million compared to a $71 million loss in Q4 2023. The diluted loss per share increased to $0.82 from $0.41 year-over-year.

The company's adjusted EBITDA improved to $71 million from $44 million in the prior year period. Free cash flow from continuing operations increased to $108 million from $83 million year-over-year.

Despite a 5% quarterly volume improvement year-on-year leading to full year volume growth of 6%, margins haven't shown needed improvement. The company faces challenges in construction and automotive markets, which represent about two-thirds of their portfolio. In response, Huntsman announced workforce reductions in their Polyurethanes segment and plans to assess strategic options for their European maleic anhydride business.

Huntsman (NYSE: HUN) has announced it will hold a conference call on February 18, 2025, at 10:00 a.m. ET to discuss its fourth quarter 2024 financial results. The company will release its earnings press release, including financial statements and segment information, after market close on February 17, 2025.

The earnings slide presentation and prepared remarks will be available on the company's investor relations website. The conference call will be accessible via webcast and dial-in numbers for both domestic (877-402-8037) and international callers (201-378-4913). A replay of the webcast will be available on Huntsman's website following the call.