The company's shares are down 8.6% over a year, compared with a 6.1% decline of its industry. Huntsman, a Zacks Rank #3 (Hold) stock, remains focused on growing its downstream specialty and formulation businesses and is shifting its MDI (methylene diphenyl diisocyanate) business from components to differentiated systems that typically have higher margins and lower volatility. Huntsman should also gain from significant synergies of acquisitions. Its strong liquidity and balance sheet leverage give it adequat ...

The new 11,000-square-meter facility includes a world-scale analytical laboratory, two machine halls and fully equipped and automated product testing areas. Together, these assets strengthen Huntsman's ability to complete the whole product innovation path, from the development of original ideas at lab scale to the production of novel systems and samples ready for customer testing. Huntsman has a rich legacy of innovation in Belgium. This center displays its ongoing dedication to researching new ideas and tr ...

The innovation center is home to more than 100 scientists from the company's Polyurethanes and Performance Products businesses and will support the application of Huntsman technologies in key markets, including adhesives, coatings and sealants; automotive; elastomers; energy; furniture and bedding, and insulation. "Today marks a significant milestone as we officially open the doors to our new European innovation center, a facility dedicated to creativity, collaboration and progress," Huntsman said. "We alre ...

Let's find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment. Huntsman Corporation (HUN) is poised to benefit from its investment in downstream businesses and differentiated product innovation as well as strategic acquisitions amid headwinds from soft demand in certain markets and pricing pressure. The company's shares are up 1.5% over the past year compared with a 6% rise of its industry. Downstream Expansion & Cost Synergies Aid HUN Huntsman remains focused on growing its downstream ...

Highlights from the report include: Huntsman discloses against the Task Force on Climate-related Financial Disclosures (TCFD), further improving the quality of its disclosures in accordance with both the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB) frameworks. Limited assurance has been provided by a third party for operational greenhouse gas emissions (Scope 1 and Scope 2) and water consumption. About Huntsman: Huntsman Corporation is a publicly traded corporat ...

Huntsman Corporation (HUN) logged a first-quarter 2024 net loss of $37 million or 22 cents per share. This compares to a profit of $153 million or 83 cents in the year-ago quarter.Barring one-time items, adjusted loss per share came in at 6 cents p for the reported quarter. It was narrower than the Zacks Consensus Estimate of a loss of 8 cents.Revenues were $1,470 million, down around 8% year over year. The top line missed the Zacks Consensus Estimate of $1,476.5 million. HUN witnessed lower sales across it ...

Ivan Marcuse - VP, IR & Corporate Development Peter Huntsman - Chairman, CEO & President Phil Lister - EVP & CFO It is now my pleasure to introduce Ivan Marcuse, VP of IR and Corporate Development. Thank you. You may begin. Yesterday, May 2, 2024, after the US markets closed, we released our earnings for the first quarter '24 via press release and posted to our website, huntsman.com. We also posted a set of slides and detailed commentary discussing the first quarter 2024 on our website. Peter Huntsman All i ...

2 Earnings Summary Webcast Link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=tHuNeZ2X Enriching lives through innovati Forward-Looking Statements Non-GAAP Financial Measures The Company does not provide reconciliations of forward-looking non-GAAP financial measures to the most comparable GAAP financial measures on a forward-looking basis because the Company is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available wit ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to State of Commission Exact Name of Registrant as Specified in its Charter, Incorporation I.R.S. Employer File Number Principal Office Addr ...

Exhibit 99.1 News Release FOR IMMEDIATE RELEASE Media: Investor Relations: May 2, 2024 Kevin Gundersen Ivan Marcuse The Woodlands, TX (281) 719-4627 (281) 719-4637 NYSE: HUN Huntsman Announces First Quarter 2024 Earnings First Quarter Highlights · First quarter 2024 net loss attributable to Huntsman of $37 million compared to a net income of $153 million in the prior year period; first quarter 2024 diluted loss per share of $0.22 compared to a diluted income per share $0.83 in the prior year period. · First ...