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Huntsman Corporation
Huntsman Corporation is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol HUN. The company is a global manufacturer and marketer of chemical products, including titanium dioxide, polyurethanes, and performance chemicals.
Some key points about Huntsman Corporation include:
* Founded in 1970 by Jon Huntsman, the company has grown to become one of the largest chemical companies in the world, with operations in over 30 countries.
* Huntsman's product portfolio includes a wide range of chemicals and materials used in various industries such as construction, automotive, and packaging.
* The company has a strong commitment to sustainability and innovation, with a focus on developing new technologies and products that improve the efficiency and minimize environmental impact of its operations and products.
* Huntsman Corporation has been recognized for its philanthropic efforts through the Huntsman Foundation, which focuses on education, healthcare, and poverty.
In terms of financial performance, Huntsman Corporation has consistently generated revenue growth over the years. In 2020, the company reported revenue of $9.7 billion, up from $8.4 billion in 2019. Net income for 2020 was $466 million, compared to $328 million in 2019.
Peter Huntsman serves as the CEO of Huntsman Corporation, leading a team of experienced executives with a strong track record of driving growth and innovation.
Overall, Huntsman Corporation is a respected and successful chemical manufacturing company with a strong commitment to sustainability and philanthropy. The company's strong financial performance, combined with its commitment to innovation and sustainability, make it an attractive investment opportunity for those interested in the chemical industry.
Huntsman Corporation has a diversified global presence with operations across more than 30 countries. This global presence allows the company to operate closer to its customers, enabling it to provide tailored products and services. Additionally, the company's global scale enables it to leverage best practices and expertise across regions.
It is worth noting that Huntsman has a History of strategic acquisitions and divestments, including the acquisition of Rockwood in 2014 which expanded its performance chemicals and pigments portfolio. The company also divested its surfactants and maleic anhydride business in 2020 to focus on its core portfolio.
In summary, Huntsman Corporation is a worldwide manufacturer and marketer of chemical products. It offers a diverse range of chemicals and materials for various industries, including polyurethanes, performance chemicals, and titanium dioxide. The corporation has a strong emphasis on sustainability and innovation, and it has received accolades for its charitable work. Peter Huntsman serves as CEO of the company with a strong commitment to sustainability and philanthropy. It has reported rising revenue growth over the years and has a strong commitment to innovation and sustainability, making it a possible investment prospect for those interested in the chemical sector. The company has a diverse global presence and a history of strategic acquisitions and divestments.