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.
