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Huntsman Corp (HUN.N)

HUN.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Huntsman Acquires Demilec For $350 Mln
Wednesday, 14 Mar 2018 

March 13 (Reuters) - Huntsman Corp ::HUNTSMAN ACQUIRES DEMILEC, A LEADING NORTH AMERICAN SPRAY POLYURETHANE FOAM INSULATION MANUFACTURER.HUNTSMAN WILL PAY $350 MILLION IN AN ALL-CASH TRANSACTION, FUNDED FROM AVAILABLE LIQUIDITY​.ACQUIRES DEMILEC FROM AN AFFILIATE OF SUN CAPITAL PARTNERS, INC​.  Full Article

Huntsman Corp Says Peter Huntsman Elected Chairman
Wednesday, 20 Dec 2017 

Dec 19 (Reuters) - Huntsman Corp ::PETER R. HUNTSMAN ELECTED CHAIRMAN OF THE BOARD; FOUNDER AND FORMER EXECUTIVE CHAIRMAN, JON M. HUNTSMAN, TO SERVE AS MEMBER OF THE BOARD AND CHAIRMAN EMERITUS.HUNTSMAN SAYS JON HUNTSMAN WILL BE STEPPING DOWN AS EXECUTIVE CHAIRMAN ON DECEMBER 31, 2017 AND ROLE OF EXECUTIVE CHAIRMAN WILL BE ELIMINATED.  Full Article

Huntsman Announces Full Repayment Of Its Senior Term Loan Facility
Tuesday, 5 Dec 2017 

Dec 4 (Reuters) - Huntsman Corp ::HUNTSMAN ANNOUNCES FULL REPAYMENT OF ITS SENIOR TERM LOAN FACILITY FROM PROCEEDS OF VENATOR SECONDARY PUBLIC OFFERING.HUNTSMAN CORP - COMPLETED ITS SECONDARY PUBLIC OFFERING OF VENATOR RECEIVING NET PROCEEDS OF ABOUT $471 MILLION.HUNTSMAN CORP - TOGETHER WITH CASH ON HAND, HUNTSMAN WILL REPAY IN FULL $511 MILLION REMAINING ON ITS TERM LOAN B DUE 2023.HUNTSMAN CORP - WILL NO LONGER HAVE ANY SENIOR SECURED TERM LOANS REMAINING OUTSTANDING UNDER ITS SENIOR CREDIT FACILITIES.HUNTSMAN CORP - HUNTSMAN NOW HOLDS ABOUT 55% INTEREST IN VENATOR.  Full Article

Clariant - open to White Tale suggestions, will work for all shareholders
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Clariant AG :Clariant says several talks took place with white tale since last friday.Clariant says will continue this exchange as part of our ongoing dialog with all our shareholders.Clariant says during this process we will of course consider white tale’s requests.Clariant says clariant will nonetheless keep the interest of all stakeholders in mind when talking to white tale.Clariant says we remain confident that reasonable discussions will take place that focus on the long term sustainable future of clariant.  Full Article

White Tale says seeking dialogue with Clariant, will comment later
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Clariant Ag :Activist investor White Tale says we're seeking dialogue with Clariant management and will comment later.  Full Article

Huntsman, Clariant mutually agree to abandon planned merger of equals
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Huntsman Corp - :Huntsman and Clariant mutually agree to abandon planned merger of equals.‍Decision was unanimously approved by boards of directors of Huntsman and Clariant​.Too much uncertainty if Clariant will be able to secure two-thirds shareholder approval that is required to approve deal under Swiss law​.Decided jointly to terminate merger agreement, stop substantial expenditure of funds associated with integration planning​.‍No fees are currently payable under terms of termination agreement​.  Full Article

Huntsman reports Q3 revenue of $2.17 bln
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Huntsman Corp :Huntsman announces strong third quarter 2017 results; balance sheet transformed with significant debt reduction.Q3 revenue $2.169 billion versus i/b/e/s view $1.99 billion.Qtrly diluted income per share was $0.60.Qtrly adjusted diluted income per share was $0.67.Qtrly adjusted EBITDA $340 million (16% EBITDA margin), impacted by $50 million from hurricane Harvey, compared to $234 million in prior year period.‍On October 25, 2017, made an additional $100 million early repayment of debt​.‍From beginning of 2016 to most recent quarter, net-debt reduced by 47%, from $4.5 billion to $2.4 billion​.As of September 30, 2017, had $1,211 million of combined cash and unused borrowing capacity compared to $1,208 million as of December 31, 2016​.  Full Article

Huntsman sets quarterly cash dividend of $0.125/shr
Friday, 10 Feb 2017 

Huntsman Corp :Sets quarterly cash dividend of $0.125 per share.  Full Article

Huntsman posts Q2 earnings of $0.36/share
Wednesday, 27 Jul 2016 

Huntsman Corp: Huntsman announces second quarter results; reports attractive MDI margin growth, improving sequential tio2 prices and substantial improvement in cash generation . Q2 adjusted earnings per share $0.53 . Q2 earnings per share $0.36 . Q2 earnings per share view $0.53 -- Thomson Reuters I/B/E/S . Q2 revenue $2.544 billion versus I/B/E/S view $2.59 billion . Expect to spend approximately $450 million annually on capital expenditures in 2016 and 2017. .During three months ended June 30, 2016, recorded an income tax expense of $32 million..  Full Article

BRIEF-Huntsman Acquires Demilec For $350 Mln

* HUNTSMAN ACQUIRES DEMILEC, A LEADING NORTH AMERICAN SPRAY POLYURETHANE FOAM INSULATION MANUFACTURER