HUN flags a $10M EBITDA hit from a Rotterdam outage, pushing Q4 guidance to the low end.
HUN posts narrower Q3 loss and beats estimates despite pricing pressure, with strong cash flow and a reset dividend strategy.
Huntsman (HUN) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to earnings of $0.1 per share a year ago.
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Huntsman Corporation is a global leader in the diversified organic chemical industry, delivering a wide range of products and solutions across the world. With operations spanning three main segments: Polyurethanes, Performance Products, and Advanced Materials, the company caters to a vast array of industries, including automotive, aerospace, electronics, consumer products, and more. Founded in 1970 and based in The Woodlands, Texas, Huntsman Corporation has grown to serve its customers through an extensive network of distributors and agents, supported by a robust technical service team. The company's commitment to innovation and customer service makes it a vital partner in numerous industrial and consumer applications.
This segment offers a comprehensive range of polyurethane chemicals, including methyl diphenyl diisocyanate (MDI), polyether and polyester polyols, as well as thermoplastic polyurethane. Co-products such as aniline, benzene, and nitrobenzene are also part of this category. These materials find applications in insulation, footwear, furniture, and automotive components, evidencing the versatility and importance of polyurethanes in various industries.
Under this segment, Huntsman produces a variety of amines, including polyetheramines, ethyleneamines, DGA Agents, JEFFCAT catalysts, and specialized E-GRADE specialty amines and carbonates. Additionally, maleic anhydride is manufactured, crucial for producing unsaturated polyester resins and other applications. These chemicals serve a wide range of applications, including adhesives, coatings, and the manufacturing of consumer goods, showcasing Huntsman's role in enhancing the performance of products across different sectors.
This segment is dedicated to providing cutting-edge solutions through its epoxy, acrylonitrile-butadiene-based polymers, phenoxy, acrylic, polyurethane formulations, thermoset resins, curing and toughening agents, and carbon nanomaterials. These materials are essential in manufacturing high-performance products used in aerospace, automotive, electronics, recreational sports equipment, and medical appliances. The advanced materials segment plays a crucial role in pushing the boundaries of what is possible in materials science and engineering.