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Huntsman Corp (HUN.N)

HUN.N on New York Stock Exchange

34.78USD
19 Jan 2018
Change (% chg)

$0.50 (+1.46%)
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$34.28
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Volume
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$35.02
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Latest Key Developments (Source: Significant Developments)

Huntsman Corp Says Peter Huntsman Elected Chairman
Tuesday, 19 Dec 2017 04:39pm EST 

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
Monday, 4 Dec 2017 04:15pm EST 

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 02:37am EDT 

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 08:53am EDT 

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 01:00am EDT 

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 01:00am EDT 

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 raises Q3 expectations, comments on Hurricane Harvey impact
Monday, 18 Sep 2017 06:46am EDT 

Sept 18 (Reuters) - Huntsman Corp :Huntsman raises third quarter 2017 expectations and comments on the impact of Hurricane Harvey.Huntsman Corp - ‍"Despite Hurricane Harvey, Huntsman expects strong total Q3 results that are better than Q2 results​".Huntsman- Due to Harvey, Port Neches turnaround to carry into Oct, in effect shifting estimated adj EBITDA impact of about $15 mln to $20 mln from Q3 to Q4.Huntsman Corp - ‍Hurricane Harvey impact to Q3 adj EBITDA is currently estimated to be approximately $35 mln to $40 mln.Huntsman-‍ impacts of Hurricane Harvey will mostly be in Performance Products segment, ethanolamines, and select other ethylene oxide derivative products​.  Full Article

Clariant says HuntsmanClariant deal continues to move forward
Tuesday, 15 Aug 2017 04:00pm EDT 

Aug 15 (Reuters) - Clariant AG : :HuntsmanClariant deal continues to move forward: narrow "second request" for additional information received from federal trade commission.Says not expected to delay merger of equals with Huntsman Corp.  Full Article

Venator Materials Plc shares open 4.5 pct above IPO price in debut at $20.89/share
Thursday, 3 Aug 2017 10:22am EDT 

Aug 3 (Reuters) - :Venator Materials Plc shares open at $20.89 in debut on The NYSE versus IPO price of $20.00 per share ‍​.  Full Article

Huntsman unit Venator materials prices IPO of 22.7 mln ordinary shares at offering price of $20 per share
Wednesday, 2 Aug 2017 11:01pm EDT 

Aug 3 (Reuters) - Huntsman Corp :Unit Venator Materials priced IPO of 22.7 million ordinary shares at initial offering price of $20.00 per share.  Full Article

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Swiss exchange probing Clariant over possible Huntsman disclosure breach

ZURICH Swiss exchange SIX has opened an investigation into chemicals maker Clariant on account of a possible breach of the ad hoc disclosure requirements, SIX said on Thursday.