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 reports developments tied to its global differentiated and specialty chemicals business. The company manufactures and markets products used by industrial and consumer-goods manufacturers, with operating areas that include Polyurethanes, Performance Products and Advanced Materials. Recurring updates cover earnings, segment performance, cash flow, common-stock dividends and annual meeting matters.
Company news also includes manufacturing and product-capacity developments, such as Performance Products investments for amine catalysts used in polyurethane, coatings, metalworking and electronics applications. Other recurring themes include demand conditions in end markets such as construction, automotive, durable goods and insulation, as well as executive leadership and corporate governance changes.
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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