HUN topped revenue estimates in Q1 as Polyurethanes volume growth and Advanced Materials strength offset pricing pressure.
Huntsman Corporation (HUN) Q1 2026 Earnings Call Transcript
Huntsman remains a buy, with sequential improvement expected as global supply tightens and end markets gradually recover. Q1 showed resilient volumes, margin expansion in Advanced Materials, and early benefits from cost-cutting and Middle East supply disruptions. Leverage is elevated at 6.1x due to cyclically depressed EBITDA, but liquidity is solid with a new $800M revolver and $369M cash.
| Chemicals Industry | Materials Sector | Peter R. Huntsman CEO | XFRA Exchange | US4470111075 ISIN |
| US Country | 6,300 Employees | 15 Jun 2026 Last Dividend | 4 Jul 2014 Last Split | 11 Feb 2005 IPO Date |
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.