Huntsman
Huntsman Corporation operates over 60 facilities in 25 countries, employs 6,000 associates, and generated $6 billion in revenue in 2023. The company specializes in polyurethanes, advanced materials, and performance products, serving diverse markets including aerospace, automotive, and construction.
Services
Huntsman Corporation serves a broad and diverse range of consumer and industrial end markets. These include the aerospace, automotive and transportation, building and construction, energy, and textiles and footwear industries. By providing a wide array of materials such as adhesives, coatings, and specialty chemicals, Huntsman helps improve product performance and innovation across these sectors.
Products
Huntsman Corporation offers a diverse product portfolio that includes MDI-based polyurethanes, specialty epoxy, acrylic, and polyurethane-based polymer resin systems, and adhesive products. Additionally, the company's range of products includes amines, maleic anhydride, carbonates, and thermoplastic polyurethanes (TPUs). Their SHOKLESS™ polyurethane systems, SMARTLITE® O LTPU system, and ARALDITE® 2081 adhesive are some examples of their innovative solutions tailored to specific industry needs.
Sectors Served
Huntsman Corporation supports various industries with its products and materials. These sectors include automotive and transportation, where materials are used for enhancing personal mobility and efficiency. In the building and construction industry, their products are applied for energy-saving insulation and composite wood products. The electronics sector benefits from materials that protect devices against various loads, while the aerospace, defense, and sports industries use their solutions for lightweight, durable, and high-performance materials.
Revenue and Market Presence
In 2023, Huntsman Corporation reported revenues of approximately $6 billion. The company operates more than 60 manufacturing, R&D, and operations facilities in about 25 countries, employing around 6,000 associates. Huntsman's global presence and comprehensive product offerings make it a key player in the chemical manufacturing industry, addressing various market needs and driving innovation.
Innovations and R&D
Huntsman Corporation is committed to innovation, as evidenced by their Technology Portal, which aims to facilitate external collaborations with innovators and manufacturers across the value chain. Their R&D efforts have led to the development of specialized products like SHOKLESS™ polyurethane systems for electric vehicle batteries and SMARTLITE® O LTPU system for rapid manufacturing of footwear midsoles. The company also focuses on enhancing battery materials to improve capacity, cycle life, and charging times while addressing environmental and safety concerns.