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Shareholders alert for Huntsman Corp (NYSE:HUN)
Huntsman Corporation engages in the manufacture and marketing of differentiated, inorganic, and commodity chemical products. It operates in six segments: Polyurethanes, Materials and Effects, Performance Products, Pigments, Polymers, and Base Chemicals. The Polyurethanes segment offers methyl diphenyl diisocyanate, propylene oxide, polyols, propylene glycol, thermoplastic polyurethane, aniline, and methyl tertiary-butyl ether. The Materials and Effects segment offers epoxy resin compounds and formulations; cross linking, matting, and curing agents; epoxy, acrylic, and polyurethane-based adhesives; tooling resin formulations; and textile chemicals and dyes. The Performance Products segment provides amines, surfactants, LAB, maleic anhydride, other performance chemicals, EG, and technology licenses for use in detergents, personal care products, agrochemicals, lubricant and fuel additives, adhesives, paints and coatings, construction, marine and automotive products, and PET fibers and resins. The Pigments segment offers titanium dioxide products for use in paints and coatings, plastics, paper, printing inks, fibers, and ceramics. The Polymers segment offers polypropylene, expandable polystyrene, low density polyethylene, linear low density polyethylene, and APAO for use in flexible and rigid packaging, adhesives and automotive, medical, and construction products. The Base Chemicals offers ethylene, propylene, and cyclohexane for use in packaging films, polyester and nylon fibers, PVC, and polymer resins. The company sells its products through direct sales force and distributors. The company serves industries, such as adhesives, aerospace, automotive, construction products, durable and non-durable consumer products, electronics, medical, packaging, paints and coatings, power generation, refining, synthetic fiber, textile chemicals, and dye industries. Huntsman was founded in 1970 and is based in Salt Lake City, Utah.
Shares were up 11% after receiving a bid from a division of private equity group Apollo Management.
As the saying goes...follow the money!
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