Core Insights - Huntsman Corporation has released its 2023 corporate sustainability report titled "Solutions for Sustainability," showcasing its commitment to addressing sustainability challenges through innovative products [1][2]. Company Overview - Huntsman Corporation is a global specialty chemicals company headquartered in The Woodlands, Texas, with over 6,000 employees across nearly 60 facilities in 25 countries [4]. - The company produces approximately 6,000 products serving diverse markets, including aerospace, transportation, building and construction, consumer goods, energy and fuels, and food preservation [4]. Sustainability Efforts - The report highlights Huntsman's energy-saving solutions, including insulation products for buildings and lightweight materials for vehicles, aimed at reducing greenhouse gas emissions [2]. - Huntsman has made collective progress of 60% towards its near-term Horizon 2025 sustainability targets [5]. - The company has published 25 product safety summaries and reported reductions in total waste intensity and water consumption intensity in areas of water stress [5]. Reporting Standards - Huntsman discloses its sustainability efforts in accordance with the Task Force on Climate-related Financial Disclosures (TCFD), Global Reporting Initiative (GRI), and Sustainability Accounting Standards Board (SASB) frameworks [3]. - Third-party limited assurance has been provided for operational greenhouse gas emissions (Scope 1 and Scope 2) and water consumption [3].

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 ...

Financial Data and Key Metrics Changes - The company reported modest gains in volume during Q1 2024, attributed to new business, demand growth, and inventory restocking, with a 50-50 split between inventory rebuilding and demand improvement [16] - The company aims to recover lost volumes and return to normalized earnings as quickly as possible, with a focus on cost management and pricing discipline [4][16] Business Line Data and Key Metrics Changes - Polyurethanes in North America saw a significant volume increase of 25%, while Europe experienced a 9% increase, indicating recovery but still below normal levels [42] - The spray foam business grew nearly 10% year-over-year, driven by new housing builds, despite competitive pressures [20] - The Advanced Materials segment grew by 6% overall year-on-year, with notable growth in aerospace and automotive applications [68] Market Data and Key Metrics Changes - The company noted that the industry is currently operating at mid-80% capacity utilization, with North America exceeding 100% and Europe in the high-80% range [21][23] - The Chinese automotive market remains a strong growth area, although export challenges persist [6] Company Strategy and Development Direction - The company is focused on maximizing asset value and capital deployment for growth, continuously assessing its portfolio [17] - There is an emphasis on innovation and energy conservation in Europe, with a recognition of the competitive landscape and the need for strategic positioning [45][56] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about a slow but steady recovery in demand and pricing, particularly in North America and Europe [40][126] - The company anticipates that higher volumes and pricing will be necessary to return to normalized EBITDA margins in the mid-teens [77] Other Important Information - The liquidation of the SLIC joint venture is expected to have minimal impact on net income and cash flow, with approximately $200 million of cash being trapped until 2025 [22] - The company is not planning on share buybacks in the near term, focusing instead on operational improvements and market recovery [60] Q&A Session Summary Question: What are the expectations for polyurethanes EBITDA improvement in the back half of the year? - Management indicated that improvements are expected based on current conditions, with a focus on volume growth [11] Question: How are housing starts impacting the business? - Management noted that while housing starts have improved, the benefits are just beginning to flow through the business [11] Question: Can you comment on the liquidation of the SLIC joint venture? - The liquidation process is expected to last into 2025, with minimal impact on net income and cash flow [22] Question: What are the current industry operating rates for polyurethanes? - Current operating rates are around 85%, with pricing leverage typically occurring at mid-80% utilization [23] Question: What is the outlook for MDI pricing and margins? - MDI pricing is currently flat across regions, with expectations for modest improvements as demand increases [35][38] Question: How does the company view the competitive landscape in Europe? - The company recognizes the challenges in Europe but sees opportunities in innovation and higher-margin applications [45][56] Question: What is the expected trajectory for volume growth in the coming quarters? - Management expects stronger than average growth in Europe and the Americas, with a focus on quarter-on-quarter improvements [42][62]

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 ...

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 ...