The Urethane Blog

Huntsman Increases Guidance

Huntsman Updates Its Third Quarter 2020 Outlook

Download as PDF September 08, 2020 4:05pm EDT

THE WOODLANDS, Texas, Sept. 8, 2020 /PRNewswire/ — Huntsman Corporation (NYSE: HUN) management will be participating in several investor meetings over the coming weeks including the UBS Virtual Global Chemicals Conference on September 9, 2020 and the RBC Capital Markets Global Industrials Virtual Conference on September 15, 2020.  Huntsman management intends to communicate that its Polyurethanes segment third quarter 2020 adjusted EBITDA is expected to be at least 40% better than what it guided on its second quarter earnings call, or near the prior year third quarter period.  This improved outlook is being driven by continued strength in construction related markets, better than expected improvement in automotive demand and higher overall margins.  Huntsman’s other divisions, in total, are expected to be approximately in-line with the guidance that was previously communicated on its second quarter conference call on July 28, 2020.