Urethane Blog
Huntsman Reduces MDI Rates at Geismar
October 15, 2020
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.
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