# Huntsman CORP > Clarifo company profile — qualitative business description generated from > the company's filings. Financial statements, charts and ratios are > available on Clarifo (https://www.clarifo.com/en/companies/Huntsman CORP). ## Overview 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. ## Products & services • Polyurethanes: MDI, polyols, and formulated systems • Performance Products: amines and maleic anhydride • Advanced Materials: specialty resins and epoxy formulations • Curing and toughening agents for aerospace and automotive • High-performance adhesives and composite formulations - **Polyurethanes** (65%) — Isocyanates, polyols, and polyurethane systems used in insulation, construction, furniture, footwear, and industrial applications. - **Performance Products** (17%) — Amines and maleic anhydride sold into consumer and industrial end markets, including chemical intermediates and specialty applications. - **Advanced Materials** (18%) — Specialty resins, adhesives, composites, and formulations for aerospace, automotive, electronics, and general industry. - Polyurethanes: MDI, polyols, and formulated systems - Performance Products: amines and maleic anhydride - Advanced Materials: specialty resins and epoxy formulations - Curing and toughening agents for aerospace and automotive - High-performance adhesives and composite formulations ## Customers Huntsman sells to a broad base of industrial customers, including insulation, construction, furniture, footwear, automotive, aerospace, electronics, and general industrial users. The company also serves distributors and agents that reach smaller end customers, while larger accounts often buy directly and require technical support, certification, and application engineering. - **Insulation, construction, furniture and footwear** (primary) — Buy polyurethane chemicals and systems for foam, insulation, comfort, and durability applications. - **Automotive and transportation** (primary) — Buy specialty resins, adhesives, and polyurethane solutions for lightweighting, durability, and electronics. - **Aerospace** (secondary) — Buys certified specialty resins, curing agents, and toughening systems for high-performance structural applications. - **General industrial and consumer applications** (secondary) — Buys adhesives, composites, and specialty chemistries for equipment, electronics, DIY, and leisure products. - **Chemical intermediates and downstream processors** (secondary) — Buy amines and maleic anhydride as inputs for further chemical processing and formulation. - Insulation and construction customers buy polyurethane systems for energy efficiency - Automotive and aerospace customers buy certified resins and adhesives - Industrial manufacturers buy amines and intermediates for downstream processing - Distributors and agents extend reach into smaller, fragmented end markets - Key accounts buy technical support, formulation expertise, and reliable supply ## Geography Huntsman is a global business with sales in more than 90 countries and manufacturing across North America, EAME, and APAC. The company also maintains technology centers in Basel, The Woodlands, Merrimack, and Shanghai, which support product development and customer-specific formulation work close to major end markets. - 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 ## Strategy Huntsman’s strategy centers on specialty, application-driven chemistry rather than commodity volume alone, using technical service and customer-specific formulations to defend pricing and retention. Management also emphasizes free cash flow, disciplined capital allocation, and selective investment in businesses tied to energy efficiency, aerospace, automotive, and other differentiated end markets. - **Grow specialty and application-driven products** (medium-term) — Differentiated chemistries and formulations support pricing power and customer stickiness. - **Expand technical service and customer support** (short-term) — Technical support is a key differentiator in fragmented markets where performance matters. - **Protect free cash flow and liquidity** (short-term) — Cash generation funds debt service, dividends, buybacks, and strategic investment. - Focus on specialty formulations and customer-specific performance - Use technical service to deepen relationships and improve retention - Target energy efficiency and high-value end markets - Maintain global manufacturing and systems-house proximity to customers - Prioritize free cash flow for liquidity, investment, and capital returns ## Risks Huntsman is exposed to cyclical demand in construction, automotive, industrial, and chemical end markets, so macro slowdowns, inflation, and high interest rates can pressure volumes and margins. The company also faces raw material supply risk, cyber and IT disruption risk, and execution risk from acquisitions, divestitures, and global operations across multiple regions. - **Cyclical demand and macro slowdown** [high] — Construction, automotive, and industrial customers cut orders when growth weakens or financing costs rise. - **Raw material supply and price volatility** [high] — Key inputs such as PO and other feedstocks can be disrupted or become more expensive. - **Cybersecurity and IT disruption** [high] — Operations, supply chain, and financial processes depend on interconnected systems and third parties. - **Integration and portfolio execution** [medium] — The company has a history of acquisitions and divestitures, which can create integration and separation risk. - Cyclical end markets can reduce demand and pricing in downturns - Raw material supply disruptions can hurt production and margins - Cyberattacks or IT outages could interrupt operations and shipments - Global operations expose the company to geopolitical and trade risks - Acquisition and integration failures can erode expected synergies ## Accounting Investors should watch Huntsman’s treatment of discontinued operations, restructuring and plant closing costs, and impairment-related charges because these items can materially change reported earnings. The company also uses non-GAAP measures such as adjusted EBITDA, adjusted net loss, and free cash flow, so reconciliation quality matters when comparing underlying performance across periods. - **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 - Sale of Textile Effects creates discontinued operations and comparability noise - Restructuring, impairment, and plant closing costs affect adjusted EBITDA - Non-GAAP adjustments can materially change reported profitability trends - Free cash flow excludes capital expenditures and is used for capital allocation - Income tax valuation allowances can distort period-to-period tax expense --- *Last updated: 2026-04-28T20:15:15.473977+00:00*