Huntsman (HUN) Sees Trends Impacting Q3, Reaffirms Strategic Initiatives
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Huntsman Identifies Trends Impacting Third Quarter 2015 And Reaffirms Strategic Initiatives
September 25, 2015 4:30 PM EDTTHE WOODLANDS, Texas, Sept. 25, 2015 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) identified certain trends which are expected to impact its third quarter earnings.
Lower titanium dioxide selling prices, particularly in North America Continued year-on-year foreign currency headwind Soft demand in the Asia Pacific region Lower MTBE margins as a result of lower oil prices Lower MDI urethane component product margins in the Asia Pacific region Delayed lower raw material benefits Paid down $198 million of debt in September, expected annual savings... More