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HUNTSMAN (HUN) Stocks

ABOUT HUNTSMAN

📊 Huntsman Corporation is a multinational manufacturer of chemical products in America.

📊 Its portfolio offers a variety of performance products, polyurethanes, adhesives used by customers such as Procter and Gamble, Unilever, BMW, Chevron and multiple others.

📊 Huntsman Corporation operates more than 75 manufacturing and operating facilities in more than 100 countries.

📊 The company’s 2018 revenues exceeded $ 9 billion.

📊 Huntsman Corporation employs approximately 10 000 people across the globe and is headquartered in The Woodlands, Texas.

HISTORY OF HUNTSMAN

  • In 1970 the Huntsman Corporation is originally founded as the Huntsman Container Corporation by Jon Huntsman.

  • In 1994 it buys Texaco Chemical company for $ 1.1 billion.

  • In 1999 Texaco’s last petrochemical plants are purchased by the company for a price of $ 600 Huntsman Corporation is by now the 3rd largest petrochemical company in the United States. The same year the company buys titanium dioxide, petrochemical, polyurethanes and aromatics businesses from Chemical Industries for a price of $ 2.8 billion.

  • The company starts trading on the New York Stock Exchange in 2005 as the Huntsman Corporation. The company quickly expands by purchasing several other businesses.

  • In 2014 it buys Rockwood Holdings’ Performance Additives and Titanium Dioxide businesses.

  • In 2017 the company announces that it would merge with Clariant as equals. The deal is valued at approximately $ 20 billion. Huntsman Corporation’s shareholders would own 48 percent of the company and Clariant’s shareholders would own 52 percent. The merger is terminated later the year.

  • It spins off its Pigments and Additives sector as a separate company now known as Venator Materials Corporation in an initial public offering in 2017.

  • Venator then becomes the owner of the company’s Titanium Dioxide and Performance Additives business.

  • More companies are purchased, and Huntsman Corporation quickly becomes the successful company that is it today.

VISION & VALUES OF HUNTSMAN

  • Huntsman Corporation values its customers, employees and shareholders.

  • The company’s highly trained employees ensure that its customers are provided with excellent products and services and a positive experience.

  • The company generates high earnings for its shareholders.

  • It values the health and safety of its employees, environment and communities from which it operates.

MARKET PERFORMANCE OF HUNTSMAN

  • Huntsman Corporation trades on the New York stock Exchange under the NYSE stock symbol HUN.

  • Data analysis for the company’s quarterly period ending September 30, 2019 reports total assets of $ 8,115 million.

  • Cash and cash equivalents are $ 418 million. Total revenues are $ 1,687 million and gross profit is $ 340 million.

  • Total operating expenses are $ 188 million. Operating income for the reported period is $ 152 million.

  • Dividends declared on common stock are $ 38 million. Dividends per share are $ 0.1625.

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