Core Viewpoint - Huntsman Corporation announces the retirement of Tony Hankins, Division President of Polyurethanes, effective at the end of 2025, with Steen Weien Hansen appointed as his successor starting June 1, 2025 [1][2]. Company Leadership Transition - Tony Hankins has had a long career at Huntsman and its predecessor, starting in 1980, and will continue to advise management until December 31, 2025 [2]. - Steen Weien Hansen has been with the company since its acquisition of the polyurethanes division in 1999 and has held various leadership roles, including Vice President of Asia Pacific operations [3]. Executive Comments - Peter R. Huntsman, President, CEO, and Chairman, praised Hankins for his distinguished service and influence on future managers, while also highlighting Hansen's strong leadership and strategic capabilities [4]. Company Overview - Huntsman Corporation is a global manufacturer of specialty chemicals with approximately $6 billion in revenues for 2024, operating over 60 facilities in about 25 countries and employing around 6,300 associates [5].

Core Viewpoint - Huntsman reported a quarterly loss of $0.11 per share, aligning with the Zacks Consensus Estimate, but this reflects a deterioration from a loss of $0.06 per share a year ago [1] - The company’s revenues for the quarter were $1.41 billion, missing the Zacks Consensus Estimate by 4.68% and down from $1.47 billion year-over-year [2] Financial Performance - Huntsman has surpassed consensus EPS estimates two times over the last four quarters, but has only topped consensus revenue estimates once [2] - The company experienced a significant surprise in the previous quarter, with an expected loss of $0.12 per share turning into an actual loss of $0.25, resulting in a surprise of -108.33% [1] Stock Performance - Huntsman shares have declined approximately 26.2% since the beginning of the year, contrasting with the S&P 500's decline of -5.3% [3] - The current Zacks Rank for Huntsman is 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $0.04 on revenues of $1.62 billion, while the estimate for the current fiscal year is -$0.05 on revenues of $6.21 billion [7] - The trend for earnings estimate revisions for Huntsman is currently unfavorable, which may impact future stock movements [6] Industry Context - The Chemical - Diversified industry, to which Huntsman belongs, is currently ranked in the bottom 16% of over 250 Zacks industries, suggesting a challenging environment [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, emphasizing the importance of monitoring these changes [5]

Core Viewpoint - Huntsman Corporation has declared a cash dividend of $0.25 per share on its common stock, payable on June 30, 2025, to stockholders of record as of June 13, 2025 [1]. Company Overview - Huntsman Corporation is a global manufacturer and marketer of differentiated and specialty chemicals, with 2024 revenues of approximately $6 billion [2]. - The company offers thousands of chemical products sold worldwide, serving a diverse range of consumer and industrial end markets [2]. - Huntsman operates over 60 manufacturing, R&D, and operations facilities in around 25 countries and employs approximately 6,300 associates [2].

Financial Performance - Revenues for 1Q25 were $1410 million, compared to $1470 million in 1Q24[8] - Net loss attributable to Huntsman Corporation was $5 million in 1Q25, compared to a net loss of $37 million in 1Q24[8] - Adjusted net loss was $19 million in 1Q25, compared to $11 million in 1Q24[8] - Adjusted EBITDA was $72 million in 1Q25, compared to $81 million in 1Q24[8] - Free cash flow from continuing operations was negative $107 million in 1Q25, compared to negative $105 million in 1Q24[8] Segment Performance - **Polyurethanes:** Revenues were $912 million in 1Q25, a decrease from $926 million in 1Q24; Adjusted EBITDA margin increased to 4% from 5%[10, 12] - **Performance Products:** Revenues were $257 million in 1Q25, a decrease from $291 million in 1Q24; Adjusted EBITDA margin decreased to 12% from 14%[19, 21] - **Advanced Materials:** Revenues were $249 million in 1Q25, a decrease from $261 million in 1Q24; Adjusted EBITDA margin decreased to 14% from 16%[28, 30] Outlook - Second quarter 2025 adjusted EBITDA is estimated to be between $35 million and $50 million for Polyurethanes[17, 50] - Second quarter 2025 adjusted EBITDA is estimated to be between $30 million and $40 million for Performance Products[26, 50] - Second quarter 2025 adjusted EBITDA is estimated to be between $35 million and $40 million for Advanced Materials[35, 50]

Financial Performance - First quarter 2025 revenues were $1,410 million, a decrease of 4% compared to $1,470 million in the prior year period[5]. - Net loss attributable to Huntsman for Q1 2025 was $5 million, an improvement from a net loss of $37 million in Q1 2024[4]. - Adjusted EBITDA for Q1 2025 was $72 million, down 11% from $81 million in the same period last year[4]. - Net income for Q1 2025 was $11 million, compared to a net loss of $23 million in Q1 2024, representing a significant turnaround[23]. - Adjusted EBITDA for Q1 2025 was $72 million, down from $81 million in Q1 2024, indicating a decrease of approximately 11.1%[23]. Segment Performance - Polyurethanes segment revenues decreased by 2% to $912 million, while Performance Products and Advanced Materials segments saw declines of 12% and 5%, respectively[19]. - The adjusted EBITDA for the Polyurethanes segment increased by 8% to $42 million, while Performance Products and Advanced Materials segments decreased by 29% and 16%, respectively[19]. Cash Flow and Capital Expenditures - Free cash flow used in continuing operations was $107 million in Q1 2025, slightly higher than $105 million in Q1 2024[11]. - The company plans to spend between $180 million to $190 million on capital expenditures in 2025, down from $42 million in Q1 2024[12]. - Free cash flow from continuing operations was $(107) million in Q1 2025, slightly worse than $(105) million in Q1 2024[28]. - The company reported a net cash used in operating activities from continuing operations of $(71) million for Q1 2025, compared to $(63) million in Q1 2024[28]. Taxation - The effective tax rate for Q1 2025 was 56%, with the adjusted effective tax rate not being meaningful[13]. - The effective tax rate for Q1 2025 was 56%, consistent with the rate from Q1 2024[30]. - The adjusted effective tax rate for Q1 2025 was 57%, indicating a slight increase from the previous period[30]. - The adjusted effective tax rate is used for improved comparability between periods, excluding items not indicative of operational profitability[35]. Assets and Liabilities - Total assets increased to $7,232 million as of March 31, 2025, up from $7,114 million at the end of 2024, reflecting a growth of about 1.7%[25]. - Cash at the end of Q1 2025 was $334 million, a slight decrease from $340 million at the end of 2024[26]. - Total debt, excluding affiliates, rose to $1,954 million as of March 31, 2025, compared to $1,835 million at the end of 2024, marking an increase of approximately 6.5%[26]. - The company’s inventories increased to $1,030 million as of March 31, 2025, up from $917 million at the end of 2024, reflecting a rise of approximately 12.3%[25]. Strategic Focus - Huntsman is focusing on cost management, including workforce reductions and asset optimization in Europe and North America[6]. - Huntsman is reviewing strategic options for its European maleic anhydride business, with updates expected by summer 2025[6]. Company Overview - Huntsman Corporation projects approximately $6 billion in revenues for 2024 from continuing operations[36]. - The company operates over 60 manufacturing, R&D, and operations facilities across approximately 25 countries[36]. - Huntsman employs around 6,300 associates within its continuing operations[36]. Risks and Forward-Looking Statements - Significant risks include high energy costs in Europe, inflation, geopolitical instability, and volatile global economic conditions[37]. - Forward-looking statements include expectations regarding future revenue, capital expenditures, and strategic transactions[37]. - The company does not undertake an obligation to update or revise forward-looking statements after the date made[37].

Core Insights - Huntsman Corporation reported first quarter 2025 revenues of $1,410 million, a decrease of 4% compared to $1,470 million in the same period of 2024 [2][11] - The net loss attributable to Huntsman was $5 million, significantly improved from a net loss of $37 million in the prior year [11] - Adjusted EBITDA for the first quarter of 2025 was $72 million, down from $81 million in the same period of 2024, reflecting an 11% decline [11][17] Financial Performance - Revenues decreased across all segments: Polyurethanes by 2% to $912 million, Performance Products by 12% to $257 million, and Advanced Materials by 5% to $249 million [16][17] - Adjusted net loss for the first quarter was $19 million, compared to an adjusted net loss of $11 million in the prior year [11][17] - The diluted loss per share improved to $0.03 from $0.22 year-over-year [11] Segment Analysis - In the Polyurethanes segment, lower average selling prices were partially offset by higher sales volumes, leading to an increase in adjusted EBITDA by 8% [4] - The Performance Products segment saw a decrease in revenues primarily due to lower sales volumes and unplanned production outages, resulting in a 29% drop in adjusted EBITDA [5] - Advanced Materials experienced a decline in revenues due to lower average selling prices, with adjusted EBITDA decreasing by 16% [6] Liquidity and Capital Resources - Free cash flow used in continuing operations was $107 million, slightly higher than the $105 million used in the same period of 2024 [8][11] - As of March 31, 2025, Huntsman had approximately $1.3 billion in combined cash and unused borrowing capacity [8] Management Commentary - The CEO noted significant changes in short-term business conditions, with low visibility and customer uncertainty impacting demand trends in key markets [3] - The company is focusing on cost management, including workforce reductions and asset optimization, while prioritizing balance sheet protection and cash generation [3]

THE WOODLANDS, Texas, May 1, 2025 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN), a global manufacturer and marketer of differentiated and specialty chemicals, is pleased to announce that its Performance Products division has expanded its manufacturing site in Conroe, Texas to better serve the growing needs of its global customers in the semiconductor industry. Huntsman Corporation Announces New Purification and Packaging Capability through its E-GRADE® Unit in Conroe, Texas Peter Huntsman, Chairman, ...

THE WOODLANDS, Texas, April 7, 2025 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) will hold a conference call on Friday, May 2, 2025, at 10:00 a.m. ET to discuss its first quarter 2025 financial results. Following some opening remarks, the call will move into a question and answer session.The earnings press release, including financial statements and segment information, will be distributed after the market closes on Thursday, May 1, 2025. The earnings slide presentation and prepared remarks will be avai ...

Huntsman Corporation’s (HUN) fourth-quarter 2024 adjusted loss per share was 25 cents, compared with a loss of 21 cents in the year-ago quarter. It was wider than the Zacks Consensus Estimate of a loss per share of 12 cents.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues were $1,452 million, up around 3.5% year over year. The top line beat the Zacks Consensus Estimate of $1,447 million.HUN’s Segment HighlightsPolyurethanes: Revenues from the segment rose 8% year over year to ...

Production Capacity and Market Demand - The global production capacity for MDI, polyols, and TPU is approximately 2.9 billion pounds, 0.7 billion pounds, and 0.1 billion pounds, respectively[46]. - MDI and formulated MDI systems are expected to grow at a rate exceeding global GDP, driven by trends in energy management, food preservation, and urbanization[36]. - The demand for specialty polyols has been growing at a rate similar to MDI consumption, indicating strong market alignment[37]. - The global production capacity of amines is approximately 0.9 billion pounds, while the North America and EAME production capacity of maleic anhydride is approximately 0.6 billion pounds[65]. - The company is the largest global producer of polyetheramines and maleic anhydride outside of China, with significant market positions in various regions[55]. Strategic Initiatives and Acquisitions - Huntsman Building Solutions (HBS) offers significant growth potential as energy efficiency standards increase globally, focusing on transforming low-quality PET plastic into energy-saving polyurethane insulation[32]. - The joint venture with Sinopec to build a PO/MTBE plant in Nanjing, China, aims to support long-term demand growth in the largest MDI market[31]. - The company has made several "bolt-on" acquisitions in the last decade to expand its downstream footprint and enhance customer support[44]. - The company completed the separation and acquisition of assets of Shanghai Liengheng Isocyanate Company Ltd. on January 31, 2024, and now operates an independent manufacturing facility in Caojing, China, producing crude MDI[48]. - The company holds a 49% interest in a joint venture with Sinopec for a PO/MTBE facility in China, which enhances its supply chain for polyols[49]. Product Offerings and Customer Engagement - The company markets its polyurethane chemicals to over 6,200 customers in more than 90 countries, emphasizing tailored solutions and technical support[42]. - The company produces over 2,400 distinct MDI-based polyurethane products, showcasing its extensive product customization capabilities[30]. - The company’s Advanced Materials segment serves over 1,700 customers across diverse end markets, including aerospace, automotive, and electrical infrastructure[74]. - The company focuses on product performance and customer support to differentiate itself in the competitive polyurethane chemicals market[52]. Research, Development, and Innovation - The company holds approximately 2,225 unexpired patents and has around 965 pending patent applications, indicating a strong commitment to intellectual property[97]. - The company operates dedicated technology centers in Basel, Switzerland; The Woodlands, Texas; Merrimack, New Hampshire; and Shanghai, China, to support product and technology development[90]. - The company’s research and development centers are located in The Woodlands, Texas; Tienen, Belgium; Basel, Switzerland; Merrimack, New Hampshire; and Shanghai, China, emphasizing its commitment to innovation[96]. Environmental, Health, and Safety (EHS) Compliance - Capital expenditures for environmental, health, and safety (EHS) matters totaled $27 million in 2024, $30 million in 2023, and $44 million in 2022, with an estimated $56 million planned for 2025[110]. - The company’s health and safety programs are designed around dedicated EHS standards, achieving an ASTM 2920 Level 1 injury rate of 0.13 for both 2024 and 2023[104]. - The company has incurred liabilities for environmental remediation, with potential costs for cleanup that may not materially affect financial statements if indemnities are honored[113]. - Environmental, health, and safety (EHS) regulations may result in unanticipated costs or liabilities, potentially reducing profitability[171]. - The company is subject to greenhouse gas (GHG) emission regulations, which may lead to increased operational costs and capital expenditures[179]. Regulatory and Legal Risks - The SEC adopted final rules requiring disclosure of material climate-related risks and Scope 1 and 2 GHG emissions reports, with litigation currently challenging these rules[118]. - The ongoing litigation regarding California's climate-related laws could result in additional costs associated with regulatory reporting requirements if upheld[122]. - The company is already managing and reporting GHG emissions as required by law, but potential future regulations may increase operational costs[124]. - The company is subject to various legal claims, including antitrust claims, which could result in significant liabilities and adversely affect operations and financial condition[159]. - Changes in tax laws or interpretations in jurisdictions where the company operates may affect its effective tax rate, leading to material fluctuations[144]. Market and Economic Conditions - The markets for many of the company's products are cyclical and volatile, leading to significant fluctuations in profits and cash flow[141]. - Significant price volatility in raw materials and energy may lead to increased costs that the company may not be able to pass on to customers, potentially reducing profitability[146]. - The company conducts a majority of its business operations outside the U.S., exposing it to international business risks, including currency exchange rate fluctuations[142]. - The company may experience adverse effects on its assets and operations due to climate change, including increased frequency and severity of storms and other climatic events[125]. Financial and Operational Risks - The company continuously evaluates opportunities for growth, which may involve significant investments and could lead to increased financial pressure if strategies are unsuccessful[149]. - The company relies on information technology systems for operations, and any disruption could negatively impact operations and result in legal liabilities[152]. - The company maintains insurance policies for various risks, but is not fully insured against all potential hazards, which could adversely affect financial condition[156]. - The company is exposed to risks from limited suppliers for certain raw materials, which could lead to increased costs or decreased revenues if supply is interrupted[147]. - Changes in credit ratings could increase borrowing costs and negatively impact access to debt capital markets, affecting liquidity[183].