Huntsman CORP

Huntsman Corporation is a U.S.-based global chemicals company formed around businesses founded by Jon M. Huntsman in 1970. It operates through three reportable segments—Polyurethanes, Performance Products, and Advanced Materials—supplying specialty chemicals, formulations, and intermediates used to improve insulation, durability, adhesion, and energy efficiency across industrial markets.

2,7 %

13,2 %

−5,0 %

−5,8 %

1.30

0.78

— Huntsman CORP
%
Polyurethanes65% Isocyanates, polyols, and polyurethane systems used in insulation, construction, furniture, footwear, and industrial applications.
Performance Products17% Amines and maleic anhydride sold into consumer and industrial end markets, including chemical intermediates and specialty applications.
Advanced Materials18% Specialty resins, adhesives, composites, and formulations for aerospace, automotive, electronics, and general industry.

Huntsman sells to a broad base of industrial customers, including insulation, construction, furniture, footwear,...

  • Insulation, construction, furniture and footwearprimary

    Buy polyurethane chemicals and systems for foam, insulation, comfort, and durability applications.

  • Automotive and transportationprimary

    Buy specialty resins, adhesives, and polyurethane solutions for lightweighting, durability, and electronics.

  • Aerospacesecondary

    Buys certified specialty resins, curing agents, and toughening systems for high-performance structural applications.

  • General industrial and consumer applicationssecondary

    Buys adhesives, composites, and specialty chemistries for equipment, electronics, DIY, and leisure products.

  • Chemical intermediates and downstream processorssecondary

    Buy amines and maleic anhydride as inputs for further chemical processing and formulation.

Huntsman is a global business with sales in more than 90 countries and manufacturing across North America, EAME, and...

  • •Sales reach more than 90 countries, reducing dependence on any single market
  • •Manufacturing footprint spans North America, EAME, and APAC
  • •Technology centers in Switzerland, Texas, New Hampshire, and China support R&D
  • •Downstream polyurethane systems houses are located near customers
  • •Global footprint helps serve multinational accounts and local distributors

Huntsman’s strategy centers on specialty, application-driven chemistry rather than commodity volume alone, using...

01
Grow specialty and application-driven productsmedium-term

Differentiated chemistries and formulations support pricing power and customer stickiness.

02
Expand technical service and customer supportshort-term

Technical support is a key differentiator in fragmented markets where performance matters.

03
Protect free cash flow and liquidityshort-term

Cash generation funds debt service, dividends, buybacks, and strategic investment.

Huntsman is exposed to cyclical demand in construction, automotive, industrial, and chemical end markets, so macro...

high

Cyclical demand and macro slowdown

Construction, automotive, and industrial customers cut orders when growth weakens or financing costs rise.

Scope
Polyurethanes and Performance Products volumes
Materiality
high
high

Raw material supply and price volatility

Key inputs such as PO and other feedstocks can be disrupted or become more expensive.

Scope
Polyurethanes production economics
Materiality
high
high

Cybersecurity and IT disruption

Operations, supply chain, and financial processes depend on interconnected systems and third parties.

Scope
Manufacturing, logistics, and customer service
Materiality
medium
medium

Integration and portfolio execution

The company has a history of acquisitions and divestitures, which can create integration and separation risk.

Scope
Synergies, customer retention, and stranded costs
Materiality
medium
Discontinued operations
Reported revenue and earnings are not directly comparable across periods
Non-GAAP adjustments
Underlying operating performance may differ materially from GAAP results
Income taxes and valuation allowances
Tax expense may not track pre-tax earnings in a straightforward way
Impairment and plant closing costs
Can affect operating income and segment comparability

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: 28/04/2026