The Urethane Blog

Huntsman Reduces MDI Rates at Geismar

Huntsman Announces Reduced Operating Rates at its Geismar, La. Facility

Download as PDF October 15, 2020 4:46pm EDT

THE WOODLANDS, Texas, Oct. 15, 2020 /PRNewswire/ — Huntsman Corporation (NYSE: HUN) announced today that due to a mechanical failure at a third-party raw material supplier, its Geismar, Louisiana MDI facility is experiencing a partial outage which is estimated to last approximately 5 weeks.  It is currently estimated that this will impact the Company’s fourth quarter adjusted EBITDA by approximately $15 million.  The Company will provide an update on its third quarter earnings conference call on October 29, 2020.