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Second Quarter Highlights Second quarter 2024 net income attributable to Huntsman of $22 million compared to net income of $19 million in the prior year period; second quarter 2024 diluted income per share of $0.13 compared to a diluted income per share $0.11 in the prior year period. Second quarter 2024 adjusted net income attributable to Huntsman of $24 million compared to adjusted net income of $39 million in the prior year period; second quarter 2024 adjusted diluted income per share of $0.14 compared to adjusted diluted income per share of $0.22 in the prior year period.
THE WOODLANDS, Texas , Aug. 5, 2024 /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 September 30, 2024, to stockholders of record as of September 13, 2024.
THE WOODLANDS, Texas , Aug. 1, 2024 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) is pleased to announce that Jan Buberl has been appointed President of the Performance Products Division effective August 1, 2024. Upon announcing Jan's appointment, Huntsman Chairman, President and CEO Peter Huntsman stated: "I am excited for Jan to assume leadership of our Performance Products Division and join the Huntsman executive leadership team.
Huntsman (HUN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
THE WOODLANDS, Texas , July 10, 2024 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) will hold a conference call on Tuesday, August 6, 2024, at 10:00 a.m. ET to discuss its second quarter 2024 financial results.
Huntsman has a diversified product portfolio with stable demand in consumer discretionary and non-discretionary sectors. It faces a secular decline in sales despite consistent capital expenditures and inorganic growth initiatives. Management appears cautious in its outlook, focusing on improving cash flows, costs, and environmental performance.
While Huntsman (HUN) faces headwinds from soft demand in specific markets and pricing pressures, it gains on actions to grow its downstream specialty and formulation businesses and synergies of acquisitions.
While Huntsman (HUN) faces headwinds from soft demand conditions, it benefits from investment in downstream businesses and differentiated product innovation as well as strategic acquisitions.
The new 11,000-square-meter facility by Huntsman (HUN) includes a world-scale analytical laboratory, two machine halls and fully equipped and automated product testing areas.
TIENEN, Belgium , June 13, 2024 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) officially opened a new innovation center in Tienen, Belgium on June 13, 2024, strengthening its research and development (R&D) capabilities and reinforcing its commitment to its customers in the region. The new 11,000-square-meter facility comprises a world-scale analytical laboratory; two machine halls; and fully equipped and automated product testing facilities.