Huntsman CORP (NYSE: HUN)

Huntsman Corporation, also known as HUN, operates in the chemical industry, manufacturing a wide range of organic chemical products. The company's primary business activities revolve around the production of chemicals used in various applications, such as adhesives, aerospace, automotive, coatings, construction, consumer products, electronics, insulation, packaging, power generation, and refining. With a global presence, Huntsman Corporation conducts its business in three main segments: Polyurethanes, Performance Products, and Advanced Materials, across numerous countries, including North America, Europe, Asia, and Latin America.

The Polyurethanes segment, which accounts for approximately 60% of Huntsman's total revenue, is the company's most profitable and significant segment. This segment manufactures polyurethane chemicals, including MDI, polyols, and TPU, which are used in the production of rigid and flexible foams, coatings, adhesives, sealants, and elastomers. Huntsman's polyurethane products are used in various end-use markets, such as construction, automotive, furniture, and consumer goods.

Following Polyurethanes, the Performance Products segment accounts for about 30% of the company's total revenue. This segment produces a range of performance chemicals, including amines, maleic anhydride, and specialty amines, which are used in several applications, such as composites, coatings, fuel additives, agrochemicals, and pharmaceuticals. The products from this segment are used in various end-use markets, including aerospace, automotive, construction, and consumer goods.

The smallest segment of Huntsman Corporation is Advanced Materials, accounting for approximately 10% of its total revenue. This segment manufactures a range of advanced materials, including epoxy-based polymer formulations, which are used in various applications, such as aerospace, automotive, and electronics. The products in this segment are used in various end-use markets, including aerospace, automotive, and consumer goods.

Huntsman Corporation has a competitive advantage in the chemical industry due to its strong brand recognition, extensive global distribution network, and technical expertise. The company's products are highly regarded for their quality and performance, and its customers are loyal to the brand. Additionally, Huntsman's strong research and development capability enable it to develop new products and technologies that meet the evolving needs of its customers.

Huntsman Corporation competes with various key companies in different segments. In the polyurethane chemicals market, the company competes with BASF, Covestro, Dow, and Lubrizol. In the performance chemicals market, Huntsman competes with Afton, Bayer, Chevron Oronite, DuPont, Evonik, Infineum, Olin, and PPG. In the advanced materials market, the company competes with 3M, Henkel, and Westlake.

Huntsman Corporation's customers include major automotive manufacturers, aerospace companies, construction companies, and consumer goods companies. Some of the company's key customers include Autoneum, Carpenter, GAF, Johns Manville, LafargeHolcim, Lear, Louisiana Pacific, Magna, Schmitz Cargobull, TopBuild, and West Fraser.

Huntsman Corporation's brand names and trade names include various products and services. However, the document provided does not offer specific details on these names.

Sources:
Huntsman Corporation. (2021). Huntsman Corporation - Form 10-K - Annual Report. U.S. Securities and Exchange Commission. Retrieved from <https://www.sec.gov/Archives/edgar/data/813886/000081388621000023/hun-20210101x10k.htm>