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].

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------|-------|-------|-------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 4Q22 Earnings | | | | | | | | | | | | Summary February 21, 2023 | | | | | | | | | | | | | | | | | | | | | | | This presentation includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securit ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------|-------|-------|-------|-------|-------|-------|-------|-------|-------| | Investor Presentation | | | | | | | | | | | Huntsman Corporation (NYSE – HUN) | | | | | | | | | | | Fourth Quarter 2022 | | | | | | | | | | | | | | | | | | | | 1 | General Disclosure Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and S ...

Huntsman Corporation (NYSE:HUN) Q3 2022 Earnings Conference Call November 4, 2022 8:00 AM ET Company Participants Ivan Marcuse - Vice President of Investor Relations Peter Huntsman - Chairman, President & Chief Executive Officer Phil Lister - Executive Vice President & Chief Financial Officer Conference Call Participants Josh Spector - UBS Kevin McCarthy - Vertical Research Partners Aleksey Yefremov - KeyBanc John Roberts - Credit Suisse Frank Mitsch - Research David Begleiter - Deutsche Bank Andrew Castill ...

Huntsman Corporation (NYSE:HUN) Q2 2022 Results Conference Call August 2, 2022 10:00 AM ET Company Participants Ivan Marcuse - Vice President of Investor Relations Peter Huntsman - Chairman, CEO and President Phil Lister - Executive Vice President and CFO Conference Call Participants Kevin McCarthy - Vertical Research Partners Matthew Blair - Tudor, Pickering, Holt Aleksey Yefremov - KeyBanc Capital Markets Laurence Alexander - Jefferies Dan Rizzo - Jefferies Frank Mitsch - Fermium Research Hassan Ahmed - A ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (Mark One) Huntsman Corporation Yes ☒ No ☐ Huntsman International LLC Yes ☒ No ☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). For the transition period from to | | | State of ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------|-------|---------------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1Q22 Earnings | | | | | | | | | Summary April 28, 2022 | | | | | | | | | | | | | | | | | | | | | 2 1st Quarter 2022 Earnings Summary Conference Call Thursday, April 28, 2022 10:00 a.m. ET Webcast Link: https://services.choruscall.com/mediaframe/webcast.html?webcastid=Kvy ...