We are a global manufacturer of differentiated organic chemical products and
of inorganic chemical products. Our Company, a Delaware corporation, was formed
in 2004 to hold the businesses of Huntsman Holdings, LLC, a company founded by
Jon M. Huntsman. Mr. Huntsman founded the predecessor to our Company in 1970 as
a small polystyrene plastics packaging company. Since then, we have grown through
a series of significant acquisitions and now own a global portfolio of businesses.
We operate all of our businesses through Huntsman International, our 100%
owned subsidiary. Huntsman International is a Delaware limited liability company
and was formed in 1999.
We operate in five segments: Polyurethanes, Performance Products, Advanced
Materials, Textile Effects and Pigments and Additives. Our products comprise
a broad range of chemicals and formulations which we market globally to a diversified
group of consumer and industrial customers. Our products are used in a wide
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. We are a leading
global producer in many of our key product lines, including MDI, amines, surfactants,
maleic anhydride, epoxy-based polymer formulations, textile chemicals, dyes,
titanium dioxide and color pigments.
We produce differentiated organic and inorganic chemical products. Our Polyurethanes,
Performance Products, Advanced Materials and Textile Effects segments produce
differentiated organic chemical products and our Pigments and Additives segment
produces primarily inorganic chemical products.
Growth in our differentiated products has been driven by the substitution
of our products for other materials and by the level of global economic activity.
Accordingly, the profitability of our differentiated products has been somewhat
less influenced by the cyclicality that typically impacts the petrochemical
industry. Titanium dioxide, within our Pigments and Additives segment, is cyclical
and influenced by seasonal demand patterns in the coatings industry.
MDI is used primarily in rigid foam applications and in a wide variety of
customized, higher-value flexible foam as well as coatings, adhesives, sealants
and elastomers. Polyols, including polyether and polyester polyols, are used
in conjunction with MDI in rigid foam, flexible foam and other non-foam applications.
PO is one of the principal raw materials for producing polyether polyols. The
following chart illustrates the range of product types and end uses for polyurethane
chemicals.
Amines. Amines are a family of intermediate chemicals that are produced by
reacting ammonia with various ethylene and propylene derivatives. Generally,
amines are valued for their properties as a reactive agent, emulsifier, dispersant,
solvent or corrosion inhibitor. Growth in demand for amines is highly correlated
with GDP growth. However, certain segments of the amines market, such as polyetheramines,
have historically grown at rates in excess of GDP growth due to new product
development, technical innovation and end-use substitution. As amines are generally
sold based upon the performance characteristics that they provide to customer-specific
end-use applications, pricing does not generally fluctuate directly with movements
in underlying raw materials.
Polyurethanes MDI, PO, polyols, PG, TPU, aniline and MTBE Refrigeration and
appliance insulation, construction products, adhesives, automotive, footwear,
furniture, cushioning, specialized engineering applications and fuel additives
BMW, CertainTeed, Electrolux, Firestone, Haier, Henkel, Johnson Controls, Louisiana
Pacific, Norbord, PMI
Performance Products
Amines, surfactants, LAB, maleic anhydride, other performance chemicals, EG,
olefins and technology licenses
Detergents, personal care products, agrochemicals, lubricant and fuel additives,
energy, adhesives, paints and coatings, construction, marine and automotive
products, composites, and PET fibers and resins
Afton, AOC, Chevron, Colgate, DAK, LOreal, Lubrizol, Monsanto, Procter &
Gamble, Tate & Lyle, Unilever
Advanced Materials
Basic liquid and solid epoxy resins; high performance specialty resins and compounds;
cross-linkers and curing agents; epoxy, acrylic and polyurethane-based formulations
Aerospace and industrial adhesives, composites for aerospace, automotive, oil
and gas and wind power generation; construction and civil engineering; industrial
coatings; electrical power transmission; consumer electronics and DIY adhesives
Akzo, Bodo Moeller, Bosch, Chenglai, Cytec, Dow Europe, Freeman, Hexcel, Lianyungang,
Omya, PPG, Schneider, Sherwin Williams, Siemens, Syngenta, Speed Fair, Toray
Textile Effects
Textile chemicals, dyes and digital inks
Apparel, home and technical textiles
Aunde, Esquel Group, Fruit of the Loom, Guilford Mills, Hanesbrands, Kahatex,
Nice Dyeing, Sage Automotive, Tencate, Trident, Y.R.C., Zaber & Zubair
Pigments and Additives
Titanium dioxide, functional additives, color pigments, timber treatment and
water treatment chemicals
Paints and coatings, plastics, paper, printing inks, ceramics, pharmaceuticals,
food, cosmetics, wood protection and water purity
AkzoNobel, BASF, Clariant, Jotun, PolyOne, PPG
1.28% 
81.06 %