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) is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals, and the HUN news page on Stock Titan aggregates company-specific developments that matter to investors and industry followers. Huntsman’s products, which include differentiated organic chemical categories such as MDI, amines, maleic anhydride and epoxy-based polymer formulations, are used by manufacturers serving a broad range of consumer and industrial end markets, including adhesives, aerospace, automotive and construction-related products.
The news flow for Huntsman often centers on quarterly earnings announcements, segment performance for Polyurethanes, Performance Products and Advanced Materials, and management’s commentary on pricing, volumes, restructuring and cost optimization programs. Press releases provide details on revenues, net income or loss, adjusted net income or loss, adjusted EBITDA, free cash flow from continuing operations and capital expenditures, along with explanations of how factors such as construction demand, coatings and aerospace markets, and competitive pressures affect results.
Investors can also follow updates on dividends declared by the Board of Directors, including changes to the regular quarterly dividend level, as well as disclosures about plant closures, workforce reductions and other restructuring steps. Executive leadership changes, such as the retirement of senior officers and the appointment of new Executive Vice Presidents and General Counsel, are reported through press releases and corresponding Form 8-K filings.
By reviewing Huntsman news in one place, readers can track scheduled earnings conference calls, outlook updates, facility outages that affect segment performance, and capital structure developments such as amendments to receivables financing programs. Bookmarking the HUN news page provides a centralized view of how Huntsman communicates its financial performance, strategic actions and governance changes over time.
Huntsman (NYSE: HUN) will discuss its Q2 2024 financial results on August 6, 2024, at 10:00 a.m. ET via a conference call.
The earnings release, including financial statements and segment information, will be published after market close on August 5, 2024.
A webcast link and dial-in numbers for the call are provided, with a replay available on Huntsman's investor relations website post-call.
Huntsman (NYSE: HUN) inaugurated a new innovation center in Tienen, Belgium on June 13, 2024. The 11,000-square-meter facility includes state-of-the-art laboratories, machine halls, and automated testing facilities, enhancing Huntsman’s R&D capabilities. Housing over 100 scientists, the center will support the Polyurethanes and Performance Products businesses, focusing on key markets like automotive and energy. The event featured speeches from CEO Peter Huntsman and Polyurethanes President Tony Hankins, who emphasized the center's role in fostering innovation and sustainability. Huntsman aims to leverage this facility to advance its technologies and address sustainability challenges.
Huntsman has released its 2023 corporate sustainability report, titled 'Solutions for Sustainability.' The report underscores Huntsman's innovative solutions to sustainability challenges.
Key highlights include 60% progress towards Horizon 2025 targets, publication of 25 product safety summaries, reductions in both total waste intensity and water consumption in stressed areas, and improved disclosures against TCFD, GRI, and SASB frameworks.
The company emphasizes its role in providing energy-saving products and materials that contribute to sustainability goals globally.
Huntsman (NYSE: HUN) declared a $0.25 per share cash dividend on its common stock, payable on June 28, 2024. The announcement was made on May 9, 2024, by the Board of Directors.
Huntsman (HUN) reported a net loss of $37 million in Q1 2024 compared to a net income of $153 million in the prior year. Adjusted EBITDA was $81 million. The company expects improving trends in sales volumes and margins going forward. Revenues were $1,470 million.
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