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HUN is set to shut the Moers maleic anhydride plant after a $10M loss, shifting production to U.S. sites.
THE WOODLANDS, Texas , May 28, 2025 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) announced today that it has completed the strategic review of its European Maleic Anhydride business. As a result of this review, the Company will close its Maleic Anhydride facility located in Moers, Germany.
Lower average selling prices hurt HUN's Polyurethanes segment sales in the first quarter.
Huntsman Corporation (NYSE:HUN ) Q1 2025 Earnings Conference Call May 2, 2025 10:00 AM ET Company Participants Ivan Marcuse - Vice President, Investor Relations and Corporate Development Peter Huntsman - Chairman of the Board, President and Chief Executive Officer Phil Lister - Executive Vice President and Chief Financial Officer Conference Call Participants Kevin McCarthy - Vertical Research Partners Patrick Cunningham - Citibank Jeff Zekauskas - J.P. Morgan Josh Spector - UBS Aleksey Yefremov - KeyBanc Capital Markets Mike Harrison - Seaport Research Partners Michael Sison - Wells Fargo Arun Viswanathan - RBC Capital Markets John Roberts - Mizuho Securities Frank Mitsch - Fermium Research Salvator Tiano - Bank of America Matthew Blair - TPH Emily Fusco - Deutsche Bank Hassan Ahmed - Alembic Global Operator Greetings.
Although the revenue and EPS for Huntsman (HUN) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
THE WOODLANDS, Texas , May 1, 2025 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) announced today that Tony Hankins, the Division President of the Company's Polyurethanes business unit, has elected to retire at the end of this calendar year, and that Steen Weien Hansen, currently serving as Senior Vice President, responsible for the global automotive, elastomers and the Americas business units in the Division, will be appointed Division President of Huntsman Polyurethanes effective June 1, 2025. Mr. Hankins has had a long and storied career at Huntsman and its predecessor, Imperial Chemical Industries, starting in the company in 1980, being promoted through the ranks there on multiple occasions, helping Huntsman build its China business, and serving as one of the Company's most trusted senior executives.
Huntsman (HUN) came out with a quarterly loss of $0.11 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.06 per share a year ago.
THE WOODLANDS, Texas , May 1, 2025 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) announced today that its Board of Directors has declared a $0.25 per share cash dividend on its common stock. The dividend is payable on June 30, 2025, to stockholders of record as of June 13, 2025.
First Quarter Highlights First quarter 2025 net loss attributable to Huntsman of $5 million compared to net loss of $37 million in the prior year period; first quarter 2025 diluted loss per share of $0.03 compared to diluted loss per share $0.22 in the prior year period. First quarter 2025 adjusted net loss attributable to Huntsman of $19 million compared to adjusted net loss of $11 million in the prior year period; first quarter 2025 adjusted diluted loss per share of $0.11 compared to adjusted diluted loss per share of $0.06 in the prior year period.
THE WOODLANDS, Texas , May 1, 2025 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN), a global manufacturer and marketer of differentiated and specialty chemicals, is pleased to announce that its Performance Products division has expanded its manufacturing site in Conroe, Texas to better serve the growing needs of its global customers in the semiconductor industry. Peter Huntsman, Chairman, President, and CEO of Huntsman Corporation, stated, "With the rapid growth of AI and the need for high-quality advanced node chips, our investment in Conroe marks our commitment to developing new semiconductor-grade products and enhancing supply chain security to support the demands of our customers worldwide.