Huntsman Corp Dossier
Qualitative Analysis
Business overview
Huntsman Corporation (NYSE: HUN) is a leading global manufacturer and marketer of differentiated and specialty chemical products. The company operates through three primary segments: Polyurethanes, Performance Products, and Advanced Materials. Its product portfolio includes methylene diphenyl diisocyanate (MDI), polyols, specialty amines, maleic anhydride, and advanced epoxy-based formulations. These products serve diverse end markets such as aerospace, automotive, construction, electronics, and industrial applications.
Research as of 20 Jun 2026
Strategic Initiatives
Growth programs, investments, and their expected impact
An aggressive restructuring program targeting 500 headcount reductions and plant footprint rationalization (including the closure of the Moers, Germany maleic anhydride facility).
Scaling high-purity ethylene carbonate production at the Conroe, Texas facility to serve lithium-ion battery manufacturers in North America and Asia.
Expected impact: Positioning Huntsman to capture high-growth demand in the North American battery supply chain, which is projected to grow at a CAGR > 20% through 2030.
Shifting the product mix away from commodity chemicals toward high-margin downstream specialties, such as premium epoxy systems for EV battery enclosures and aerospace applications.
Expected impact: Aims to improve specialty margins, reduce earnings volatility, and align the portfolio with secular megatrends like electrification and sustainability.
Mergers, Acquisitions & Partnerships
Recent deals and strategic collaborations
Strategic Partnerships
Combines Olin's upstream scale and electrochemical feedstock capabilities with Huntsman's downstream formulations and advanced materials to create OlinHuntsman, a vertically integrated North American chemicals leader.
Terms: All-stock transaction valued at approximately $2.43 billion. Huntsman shareholders will receive 0.5476 Olin shares for each Huntsman share, resulting in Olin shareholders owning ~54.5% and Huntsman shareholders owning ~45.5% of the combined company.