Welcome to our dedicated page for Huntsman news (Ticker: HUN), a resource for investors and traders seeking the latest updates and insights on Huntsman stock.
Huntsman Corporation (NYSE: HUN), a global leader in specialty chemicals manufacturing, provides this centralized hub for investors and industry professionals tracking its latest developments. This page aggregates official press releases, financial updates, and strategic announcements from the company’s polyurethanes, performance products, and advanced materials divisions.
Access real-time information on operational milestones, including innovations in chemical solutions for automotive, aerospace, and construction applications. The resource serves as a reliable reference for monitoring HUN’s market positioning, sustainability initiatives, and responses to evolving industry demands.
Key updates typically include earnings disclosures, product launches, partnership agreements, and manufacturing advancements. Content is curated to meet investor needs for decision-making insights while maintaining compliance with financial reporting standards.
Bookmark this page for streamlined access to Huntsman’s verified corporate communications. For comprehensive understanding of HUN’s business strategy and sector impact, combine these updates with fundamental analysis of the company’s global operations and R&D capabilities.
Huntsman Corporation (NYSE: HUN) announced a strategic review of its Textile Effects Division, which may include a potential sale, expected to commence in Q1 2022. The division is projected to generate approximately $100 million of Adjusted EBITDA in 2021. Additionally, Huntsman introduced a multi-year compensation plan for management, aligning with targets set during the November Investor Day. This plan incorporates performance-based equity incentives tied to shareholder return and cash flow metrics, aiming to enhance shareholder value.
Huntsman Corporation (NYSE: HUN) hosted its Investor Day on Nov. 9, 2021, providing insights into its growth strategy and financial targets. CEO Peter R. Huntsman highlighted operational improvements since 2016 and announced a $1 billion share repurchase plan. The company aims for approximately $1.4 billion in adjusted EBITDA for 2022, with an EBITDA margin target of 18-20% post-2022. Huntsman emphasizes financial discipline, strong cash generation, and a balanced approach to capital allocation, positioning itself for shareholder value creation.
Huntsman Corporation (NYSE: HUN) will hold an investor meeting on November 9, 2021, at 10:30 a.m. ET, to discuss its business strategies and long-term plans. Key presenters include Peter Huntsman, the Chairman and CEO, along with senior leadership. A live webcast will be available, and materials can be accessed on www.huntsman.com/investor-day. Huntsman reported $6 billion in revenues for 2020 and operates over 70 facilities globally.
Huntsman Corporation (NYSE: HUN) announced a significant development regarding a recent arbitration case with Albemarle. The companies' CEOs reached an agreement for Albemarle to accelerate payment of an arbitration award totaling $665 million. Huntsman will receive $465 million net of legal fees. The payment is structured in two installments: the first before December 3, 2021, and the second by May 2, 2022. Following the second payment, Huntsman will terminate all related proceedings.
Huntsman Corporation (NYSE: HUN) has declared a $0.1875 per share cash dividend on its common stock, payable on December 31, 2021. Shareholders on record as of December 15, 2021 will receive this dividend. The company reported approximately $6 billion in revenues for 2020, highlighting its substantial presence in the specialty chemicals sector with over 70 facilities worldwide. Huntsman operates across various consumer and industrial markets, employing around 9,000 associates.
Huntsman Corporation (NYSE: HUN) will conduct a conference call on October 29, 2021, at 10:00 a.m. ET to discuss its third quarter financial results, which will be released at 6:00 a.m. ET on the same day. The call will provide insights into its financial performance and future outlook. Investors can access the call via a provided webcast. Huntsman is a global manufacturer in the specialty chemicals sector, with revenues near $6 billion for 2020.
KPX Chemical and Huntsman Corporation announced a joint venture named KPX HUNTSMAN POLYURETHANES AUTOMOTIVE CO., LTD. (KHPUA) on Sept. 28, 2021. This collaboration aims to deliver innovative polyurethane solutions to Korean automakers from KPX's Ulsan facility, with operations expected to start by the end of October. The venture leverages KPX's 47 years of experience and Huntsman's expertise in MDI-based solutions to meet the evolving needs of the automotive industry, particularly for lightweight and eco-friendly materials.
Huntsman Corporation (NYSE: HUN) announced a natural gas surcharge of Euros 125 per tonne on MDI sales in Europe, Africa, the Middle East, and India, effective October 1, 2021. This decision is in response to unprecedented natural gas price increases that have exceeded historic levels, impacting production costs significantly. The surcharge is in addition to existing MDI price hikes. President of Polyurethanes, Tony Hankins, stated the company is working with customers to manage this impact.
Huntsman Corporation (HUN) reported that Hurricane Ida did not significantly damage its Geismar, Louisiana manufacturing facility. Operations were safely shut down prior to the hurricane's arrival, and preparations for a gradual restart are underway. The company expects that any EBITDA impacts from the hurricane will be mitigated by strong performance in its Performance Products division and MDI markets in Europe and Asia. The anticipated production resumption timeline is this weekend, with increased rates expected next week.
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