Profile: Huntsman Corp (HUN)
17 Jan 2017
Huntsman Corporation, incorporated on October 19, 2004, is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company operates all of its businesses through its subsidiary, Huntsman International LLC (Huntsman International). The Company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives. Its Polyurethanes, Performance Products, Advanced Materials and Textile Effects segments produce differentiated organic chemical products and its Pigments and Additives segment produces inorganic chemical products. The Company's products consist of a range of chemicals and formulations, which the Company markets to consumer and industrial customers. Its products are used in a range of applications, including those in the adhesives, aerospace, automotive, construction products, personal care and hygiene, durable and non-durable consumer products, electronics, medical, packaging, paints and coatings, power generation, refining, synthetic fiber, textile chemicals and dye industries. The Company's product lines include methylene diphenyl diisocyanate (MDI), amines, surfactants, maleic anhydride, epoxy-based polymer formulations, textile chemicals, dyes, titanium dioxide and color pigments. The Company produces differentiated organic and inorganic chemical products.
The Company is a manufacturer and marketer of a range of polyurethane chemicals, including MDI products, propylene oxide (PO), polyols, propylene glycois (PG) and thermoplastic polyurethane (TPU). It operates over five polyurethane manufacturing facilities in the United States, Europe and China. It also operates a polyol manufacturing facility focused on the insulation market and over three TPU manufacturing facilities in the United States, Europe and China. Its polyurethane products include insulation in construction and appliances, cushioning for automotive and furniture, adhesives, wood binders, footwear and other specialized engineering applications. The Company also processes PO into derivative products, such as polyols for polyurethane products and PG. End uses for these products include applications in the home furnishings, construction, appliances, packaging, automotive and transportation, food, paints and coatings and cleaning products industries. It also produces Methyl tert-butyl ether (MTBE) as a co-product of its PO manufacturing process.
The Company competes with BASF, Covestro, Dow Chemical, Yantai Wanhua Polyurethanes Co., Ltd and LyondellBasell.
The Company, through its Performance Products segment, is engaged in the manufacture and sale of amines, surfactants and maleic anhydride and serves various consumer and industrial end markets. It also produces polyetheramines for industrial applications, such as epoxy curing agents, oil drilling, agrochemicals, fuel additives and civil construction materials. The Company is a licensor of maleic anhydride manufacturing technology and is also the supplier of butane fixed bed catalyst used in the manufacture of maleic anhydride. Its licensing group also licenses technology on behalf of other Performance Products businesses and other segments. The Company consumes internally produced and third-party-sourced base petrochemicals in the manufacture of its surfactants, LAB, and ethanolamines products, which are used as intermediates in detergency, consumer products and industrial applications. It also produces EG, which is used in the production of polyester fibers and polyethylene terephthalate (PET) packaging. The Company operates approximately 20 Performance Products manufacturing facilities in North America; Europe, Africa and the Middle East (EAME); Asia, and Australia. The Company also produces polyetheramines, 2-(2-amino ethoxy) ethanol, which is sold under its DGA brand; ethyleneamines and morpholine, and ethanolamines. It also produces propylene carbonate and ethylene carbonate in North America.
The Company also produces substituted propylamines. Its amine offerings are used in various consumer and industrial applications, including personal care products, polyurethane foam, fuel and lubricant additives, paints and coatings, composites, solvents and catalysts. The Company is also a manufacturer of nonionic, anionic, cationic and amphoteric surfactants products. Its surfactant products are used in consumer detergent and industrial cleaning applications. The Company produces components for powder and liquid laundry detergents. It manufactures and markets a range of mild surfactants and specialty formulations for use in personal care applications. It also offers specialty surfactant products for use in various industrial applications, such as agrochemicals, fuels and lubricants, polymers and coatings, leather and textile treatment, foundry and construction. The Company also manufactures a higher-molecular-weight alkylate, which is used as an additive to lubricants.
The Company competes with Dow Chemical/MEGlobal, Air Products, Tosoh, AkzoNobel, Sasol, BASF, Petresa, Clariant, Shell, Stepan, Croda, Lanxess AG, Flint Hills Resources, Bartek, Scientific Design, Ineos, Polynt, Ashland and Kao.
The Advanced Materials segment manufactures and markets epoxy, acrylic and polyurethane-based polymer products. It focuses on formulations and systems for various industrial and consumer applications. It operates synthesis, formulating and production facilities in North America, Europe, Asia, South America and Africa. It sells in the primarily end markets, such as civil engineering, consumer appliances, food and beverage packaging, industrial appliances, consumer/do it yourself (DIY), aerospace, electrical power transmission and distribution, printed circuit boards, consumer and industrial electronics, wind power generation, automotive, recreational sports equipment and medical appliances. The Company's product range includes basic liquid and solid epoxy resins; specialty resin compounds; cross-linking, matting and curing agents; epoxy, acrylic and polyurethane-based formulations. The Company offers its Advanced Materials under brand names, such as ARALDITE, EPIBOND, EPOCAST and URALANE.
The Company competes with Olin, Hexion, BASF, Kukdo, NanYa, Air Products, Kraton, Cray Valley, Evonik, DIC, Mitsui, Sumitomo, Axson, DSM, Sika, Coates, Goo, Peters, Taiyo Ink, Tamura, Altana, Schenectady, Wuxi, Dexter-Hysol, Hitachi Chemical, Nagase Chemtex, Toshiba Chemical, Henkel/Loctite, ITW, 3M and Pidilite.
The Company, through its Textile Effects segment, provides textile chemicals, dyes and inks. It operates synthesis, formulating and production facilities in North America, Europe, Asia and South America. It markets various products to customers in multiple end-markets, including consumer fashion apparel, sportswear, career and uniform apparel, military, automotive, home textiles and furnishings, carpet and other functional textiles.
The Company competes with Archroma, Kiri-Dystar and Longsheng.
Pigments and Additives
The Company, through its Pigments and Additives segment, supplies pigments and additives. Its pigments and additives are used in everyday items, including paints, inks, plastics, concrete, cosmetics, pharmaceuticals and food. It offers a range of products across the color spectrum. The Company operates over 30 manufacturing facilities. Its over 10 titanium dioxide manufacturing facilities are located in Europe and approximately 20 color pigments manufacturing and processing facilities are located in the United States. It also operates approximately five facilities producing water treatment, timber treatment chemicals and functional additives. Its products include Titanium Dioxide, which is used in paints, plastics, paper, inks, fibers, food and personal care products.
It also offers functional additives, such as zinc and barium, which are used in coatings, films, food, cosmetics, pharmaceuticals and paper. It also offers Color Pigments, which include liquid, powder and granulated forms of iron oxide color pigments, natural and synthetic inorganic pigments and automated pigment handling systems. It markets various yellow, red, orange, black, manganese violet and blended shades of color pigments. It also manufactures timber treatment wood protection chemicals used in residential and commercial applications. It also manufactures water treatment chemicals to improve water purity in industrial, commercial and municipal applications. The Company also supplies poly aluminum chloride (PAC) in Europe.
The Company competes with Chemours, Tronox, Kronos, Cristal, Solvay S.A., Gruppo Chimico Dalton S.p.A., Sakai Chemical Industry Co., Ltd., Fuj Titanium Industry, Precheza, Lanxess AG, Cathay Pigments Group, Interstar Materials Inc., Shanghai Yipin Pigments Co., Ltd., Lonza Group, Koppers, Kemira and Feralco.
10003 Woodloch Forest Dr
THE WOODLANDS TX 77380-1913
Company Web Links
- BRIEF-Huntsman Corp to retain textile effects business from planned pigments and additives spin-off
- Corporates look past India's cash crisis, praise Modi reforms
- Corporates look past India's cash crisis, praise Modi reforms
- Furloughed Huntsman contractors in Port Neches, Texas, to return
- BRIEF-Huntsman Corp appoints Sean Douglas as CFO