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 Corporation (NYSE: HUN) will hold a conference call on November 4, 2022, at 8:00 a.m. ET to discuss its third-quarter 2022 financial results, releasing them at 6:00 a.m. ET. Domestic callers can join at (877) 402-8037 while international callers can use (201) 378-4913. The call will feature presentation slides available through the webcast and on Huntsman's investor relations website. The company, a global manufacturer of specialty chemicals, reported approximately $8 billion in revenues for 2021.
Huntsman (NYSE: HUN) provided an update during its second quarter earnings call, forecasting third quarter adjusted EBITDA between $310 million and $355 million, excluding Textile Effects. Adjusted EBITDA from continuing operations is expected to be between $260 million and $280 million. The company is facing challenges due to high energy costs in Europe, lower demand in key segments, and sluggish economic conditions in China. Nevertheless, Huntsman anticipates achieving approximately $170 million in annualized cost savings by year-end.
Huntsman Corporation (NYSE: HUN) announced a definitive agreement to sell its Textile Effects division to Archroma for approximately $718 million. This figure includes around $125 million in net underfunded pension liabilities. For the last twelve months ending June 30, 2022, the division reported sales of $772 million and adjusted EBITDA of $94 million. The transaction, which is expected to close in the first half of 2023, is anticipated to incur cash taxes of about $50 million.
Huntsman Corporation (NYSE: HUN) has declared a $0.2125 per share cash dividend on common stock, payable on September 30, 2022, to shareholders on record as of September 15, 2022. The company reported revenues of approximately $8 billion in 2021 and operates over 70 manufacturing and R&D facilities globally. Huntsman specializes in the production of differentiated and specialty chemicals, serving diverse consumer and industrial markets.
Huntsman Corporation reported strong second quarter 2022 results, with revenues reaching $2,362 million, a 17% increase from the previous year. Net income was $242 million or $1.10 per diluted share, up from $172 million or $0.70 a year earlier. Adjusted EBITDA rose 29% to $432 million. Free cash flow was notably positive at $162 million, contrasting with a cash outflow previously. The company repurchased approximately $291 million of shares. Despite macroeconomic challenges, Huntsman maintains a strong financial outlook.
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Huntsman Corporation will hold a conference call on August 2, 2022, at 10:00 a.m. ET to discuss its Q2 2022 financial results, which will be released at 6:00 a.m. ET on the same day. The call will be accessible via a webcast. Huntsman reported approximately $8 billion in revenues for 2021 and operates more than 70 manufacturing facilities globally. The conference will include presentation slides available on their investor relations website.
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Huntsman Corporation (NYSE: HUN) announced a cash dividend of $0.2125 per share on its common stock, set for payment on June 30, 2022, to stockholders on record as of June 15, 2022. The company reported revenues of approximately $8 billion in 2021 and operates over 70 facilities worldwide. Huntsman specializes in differentiated and specialty chemicals, with a broad range of products sold in diverse markets.
Huntsman Corporation (NYSE: HUN) has been awarded $93.9 million by a New Orleans jury in a lawsuit against Praxair/Linde, stemming from supply failures at Huntsman's Geismar, Louisiana site. The total damages, including interest, are expected to exceed $125 million. The lawsuit, initiated in 2014, highlighted Praxair's failure to maintain its facility and fulfill contractual obligations. This verdict follows a previous victory against Albemarle, marking significant legal success for Huntsman in recent months, reinforcing its commitment to ensuring shareholder value.