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 ...

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 | | | | Three months ended | | | --- | --- | --- | --- | --- | | | | | March 31, | | | In millions, except per share amounts | | 2024 | | 2023 | | Revenues | $ | 1,470 | $ | 1,606 | | Net (loss) income attributable to Huntsman Corporation | $ | (37) | $ | 153 | | Ad ...

Huntsman Corporation (HUN) is expected to gain from its investment in downstream businesses and differentiated product innovation as well as strategic acquisitions amid headwinds from demand weakness and pricing pressure.The company’s shares are down 3.8% over the past year, compared with a 5.4% decline of its industry. Image Source: Zacks Investment ResearchLet’s find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment. Downstream Expansion & Cost Synergies Aid HUNHuntsman remains focu ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | Commission Exact Name of Registrant as Specified in its Charter, I.R.S. Employer | | | | State of | | | --- | --- | --- | --- | --- | --- | | File Number Identification No. | ...

Exhibit 99.1 News Release FOR IMMEDIATE RELEASE Media: Investor Relations: February 21, 2024 Kevin Gundersen Ivan Marcuse The Woodlands, TX (281) 719-4627 (281) 719-4637 NYSE: HUN Huntsman Announces Fourth Quarter 2023 Earnings Fourth Quarter Highlights | | | | Three months ended | | | | Twelve months ended | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | December 31, | | | | December 31, | | | In millions, except per share amounts | 2023 | | | 2022 | 2023 | | | 2022 | | Revenues | $ | 1, ...

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 September 30, 2023 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 ...

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 June 30, 2023 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. ...

Huntsman Corporation (NYSE:HUN) Q1 2023 Results Conference Call May 5, 2023 10:00 AM ET Company Participants Ivan Marcuse - Vice President of Investor Relations Peter Huntsman - Chairman, President, and Chief Executive Officer Phil Lister - Executive Vice President and Chief Financial Officer Conference Call Participants Mike Harrison - Seaport Research Partners Abigail Jacobsen - Wells Fargo David Begleiter - Deutsche Bank Frank Mitsch - Fermium Research Aleksey Yefremov - KeyBanc Capital Markets Arun Visw ...

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, 2023 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 ...

Business Operations and Strategy - Huntsman Corporation operates three major polyurethane manufacturing facilities in the U.S., Europe, and China, along with 28 strategically located downstream facilities[31]. - The company produces over 2,500 distinct MDI-based polyurethane products, which are increasingly replacing traditional materials across various applications[32]. - Huntsman Corporation's strategy focuses on growing its differentiated product offerings, including specialty MDI and polyols, which require enhanced formulating capabilities[42]. - The company has made several "bolt-on" acquisitions in recent years to expand its downstream footprint and align with strategic goals[46]. - Huntsman Building Solutions, formed through acquisitions, offers significant growth potential as energy efficiency standards increase globally[34]. - The joint venture with Sinopec to build a world-scale PO/MTBE plant in Nanjing, China, reflects Huntsman's commitment to supporting long-term demand growth in the region[33]. - Huntsman Corporation markets its polyurethane chemicals to over 6,500 customers in more than 90 countries, emphasizing customer support and technical service[44]. - The company’s polyurethane chemicals are primarily used in insulation, automotive, furniture, and construction markets, highlighting diverse end-use applications[44]. Production Capacity and Raw Materials - The total annual production capacity of MDI across various facilities is 2,921 million pounds, with Geismar, Louisiana having a capacity of 1,060 million pounds and Rotterdam, The Netherlands at 1,036 million pounds[48]. - The company holds approximately 78% of the nitrobenzene and aniline production capacity in the Rubicon joint venture, which enhances scale and reduces costs[50]. - The company is involved in two joint ventures in China for MDI production, with a 35% ownership in SLIC and a 70% ownership in HPS, contributing to its production capabilities[51]. - The Performance Products segment has a total production capacity of 884 million pounds for amines, with 550 million pounds in North America and 227 million pounds in EAME[72]. - The primary raw materials for MDI production include benzene and PO, with benzene historically being the largest component of raw material costs[54]. - The company has a competitive cost base due to its facilities being located within integrated petrochemical complexes, which enhances scale and lowers costs[74]. Market Position and Competition - The company is the largest global producer of polyetheramines and the second largest producer of maleic anhydride, which is used in various applications including construction and automotive[58][59]. - The company sells approximately 250 products to over 950 customers globally, leveraging extensive market knowledge and established customer relationships[68]. - The company’s maleic anhydride technology is considered superior in feedstock and energy efficiency, supporting growing demand for BDO[66]. - The company competes primarily on product performance and innovation in the amines market, with key competitors including BASF and Dow[78]. - The Advanced Materials segment is a leading global manufacturer of advanced polymer products, focusing on customer-specific needs across various industries[80]. - The segment serves over 1,900 customers in markets including aerospace, automotive, oil and gas, and electrical power transmission[81]. Environmental, Health, and Safety (EHS) - The company incurred capital expenditures for Environmental, Health and Safety (EHS) matters totaling $44 million in 2022, $36 million in 2021, and $18 million in 2020, with an estimated $32 million for 2023[114]. - The company is subject to extensive regulations regarding greenhouse gas emissions, with the EU targeting a reduction of at least 40% below 1990 levels by 2030 and a binding renewable energy target of at least 32%[118]. - The U.S. rejoined the Paris Agreement in February 2021, aiming to reduce global methane emissions by at least 30% below 2020 levels by 2030[119]. - The company is managing and reporting greenhouse gas emissions as required by law, but potential future regulations may increase operational costs[121]. - The company has developed policies and management systems to enhance compliance with EHS legal requirements and minimize waste production[114]. - The company may incur liabilities for environmental remediation at current or former facilities, which could impact financial statements if indemnities are not honored[117]. - The company’s operations are increasingly subject to regulations aimed at reducing greenhouse gas emissions, which may lead to increased capital and operating costs[120]. - The company’s capital expenditures for EHS matters have shown a significant increase from $18 million in 2020 to $44 million in 2022, indicating a growing focus on compliance and sustainability[114]. Workforce and Training - As of December 31, 2022, the company employed approximately 7,000 associates globally, with a focus on health and safety standards[107][108]. - The ASTM 2920 Level 1 injury rate for 2022 was 0.21, indicating a commitment to workplace safety[108]. - The company maintains a strong ethical framework, with annual training on Business Conduct Guidelines for all employees[109]. - The company’s commitment to training and talent development includes providing technical and leadership training to associates, customers, and suppliers[111]. Financial and Market Risks - The company is exposed to market risks, including changes in interest rates, foreign exchange rates, and commodity prices, and utilizes derivative instruments to manage these exposures[272].