Huntsman CORP (NYSE: HUN)

Huntsman Corporation is a global manufacturer and marketer of differentiated and specialty chemical products. The company operates in the chemical industry, producing a range of performance materials used in various industrial applications. Its core activities include the development, production, and sale of polyurethanes, performance products, and advanced materials. Huntsman maintains manufacturing facilities across North America, Europe, and Asia, supporting its worldwide customer base. The company invests in research and development to create new formulations that meet evolving performance and sustainability requirements.

Huntsman generates revenue primarily through the sale of its chemical products to industrial customers. The company's product portfolio includes methylene diphenyl diisocyanate (MDI) and related polyurethanes, a variety of amines, surfactants, and other performance products, as well as epoxy resins, adhesives, and composite materials under its advanced materials line. Sales are made to manufacturers that incorporate these chemicals into end use goods such as foam, coatings, adhesives, and composite parts. In the Polyurethanes segment, MDI is used in flexible and rigid foams, insulation, and automotive seating, while polyols and TDI serve coatings and elastomer applications. The Performance Products segment supplies amines for oil field chemicals, surfactants for personal care and household products, and specialty intermediates for agrochemical and pharmaceutical industries. The Advanced Materials segment provides epoxy resins for aerospace composites, adhesives for electronic assembly, and composite materials for power transmission and wind energy applications.

The company operates through the following reportable segments: Polyurethanes, Performance Products, and Advanced Materials.

• Polyurethanes: This segment produces and sells MDI, TDI, polyols, and related polyurethane chemicals used in flexible and rigid foams, coatings, adhesives, and sealants. The segment benefits from higher sales volumes in the Americas and Europe and from equity earnings from a minority owned joint venture in China that produces PO/MTBE.

• Performance Products: This segment manufactures amines, surfactants, and other specialty chemicals that serve industries such as oil and gas, textiles, and personal care. It includes the maleic anhydride facility in Moers, Germany, which was announced for closure in May 2025, and a consolidated joint venture in Saudi Arabia that experienced shipment disruptions in March 2026.

• Advanced Materials: This segment provides epoxy resins, adhesives, and composite materials utilized in aerospace, automotive, and electronic applications. Revenue growth in this segment is driven by higher average selling prices due to favorable sales mix and positive foreign currency exchange rate movements, as well as increased sales volumes in aerospace, power, and automotive markets.

Huntsman holds a significant position in the global specialty chemicals market, competing with other large chemical producers through its focus on differentiated products and innovation. The company leverages its integrated production capabilities and global scale to meet customer demand for high performance materials.

The company serves a diverse customer base that includes manufacturers in the automotive, construction, aerospace, and industrial sectors. Its customers range from original equipment manufacturers to formulators and distributors who incorporate Huntsman chemicals into finished goods such as vehicle interiors, building insulation, electronic devices, and renewable energy components.