Chemicals & Materials

Huntsman Corporation LLC

Company Profile Analysis

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Huntsman Corporation LLC - Chemicals & Materials showcase

Year Founded & Workforce

1969-12-31

7,000 Employees

Industry

Chemicals & Materials

Services

H

Huntsman Corporation LLC Overview

Company Headquarters: United States

Founded: 1970

Workforce: ~7,000

Company Working: Huntsman Corporation is a global specialty chemical company that produces a wide range of products used in various industries such as adhesives, aerospace, automotive, construction, electronics, footwear, healthcare, paints and coatings, packaging, personal care, and textiles. The company operates in three segments: Polyurethanes, Performance Products and Advanced Materials. It offers a diverse range of chemical formulations and products that are marketed worldwide to various industrial and building product manufacturers. Our customer base primarily consists of these manufacturers. Huntsman Corporation's product portfolio includes polyurethane foam systems, specialty epoxy resins, coatings, and adhesives, amines, surfactants, textile chemicals, and dyes, among others. The company is also a leading producer of MDI, a key raw material used in the production of polyurethanes. The company operates across three divisions featuring over 60 manufacturing, R&D and operations facilities in approximately 30 countries. Huntsman Corporation has announced that it has secured all regulatory approvals required to complete the sale of its Textile Effects division to Archroma, a portfolio company of SK Capital Partners.

Strategy

The company's strategy is centered on expanding its unique product portfolio. Achieving this objective necessitates a heightened emphasis on formulating capabilities and technical solutions that can assist our downstream customers in achieving the desired effect in their respective applications. The accompanying diagram depicts this strategy. Its primary strategy is to expand the capabilities of our downstream facilities in both organic and inorganic ways. In line with this, we have made several "bolt-on" acquisitions over the past few years to broaden our downstream presence and align it with our strategic objectives.

Company Snapshot

$7,518M

Revenue

7,000

Employees

1969-12-31

Founded

United States

Headquarters

SWOT Analysis

Strengths

  • Broad product portfolio
  • High emphasis on R&D

Weaknesses

  • Limited presence in the Middle East & Africa and Latin America

Opportunities

  • Strategic mergers and acquisitions

Threats

  • Modification or unforeseen changes to laws and regulations

Key Developments

DateApproachDevelopment
February 2023DivestmentHuntsman Corporation has announced that it has secured all regulatory approvals required to complete the sale of its Textile Effects division to Archroma, a portfolio company of SK Capital Partners. Both parties expect the transaction to close on February 28, 2023. The agreed purchase price was $593 million in cash plus assumed pension liabilities, and Huntsman expects the net after tax cash proceeds to be approximately $540 million before customary post-closing adjustments.
September 2020Product LaunchHuntsman Textile Effects has extended its industry-leading HIGH IQ brand- assurance program with the launch of HIGH IQ Lasting Black eco. Based on Huntsman’s award-winning AVITERA SE Black reactive dye, the new color-retention program will help mills, brands and retailers meet global demand for eco-friendly black shades that retain their intense color even after repeated washing.
December 2021Product LaunchHuntsman Textile Effects says its new Avitera Rose SE dye for brilliant bluish-red shades significantly outperforms the best available dyeing technologies for cellulosic fibres and blends to deliver substantial water and energy savings, overall fastness and reduced costs. The technology is able to use less water and energy thanks to its low-temperature and high-speed wash-off technology. It is also said to deliver a ‘right-first-time’ performance, with compatibility, levelling properties, and on-tone build-up.

Product Offering

  • Huntsman Corporation LLC
    • Specialty Epoxy Resins
    • Cycloaliphatic Epoxy Resins
    • Toughened Epoxy Resins
    • Waterborne Epoxy Resins
    • Multifunctional Epoxy Resins
    • Global Dyes Market

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Huntsman Corporation LLC as part of our ongoing coverage of the Chemicals & Materials sector, drawing on public company data, filings, and market intelligence.

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Huntsman Corporation LLC

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