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2024 ASI Top 20: Huntsman Corp.

Founded by Jon M. Huntsman in 1970, Huntsman is a specialty chemicals provider that posted revenues of approximately $6.1 billion in 2023. The company operates in three product segments: Polyurethanes, Performance Products, and Advanced materials. In 2023, the Polyurethanes segment accounted for 63% of revenue, the Performance Products accounted for 19%, and the Advanced Materials segment accounted for 18%.

Huntsman’s Advanced Materials division produces polymer resin systems and adhesives. The division total sales for 2023 of approximately $1.09 billion. Among the end-markets served by this division are infrastructure, general industry, automotive, commodity, and aerospace.

Among the brands within the Advanced Materials division is ARALDITE® high-performance adhesive technologies.

NOTES: In April 2023, Huntsman announced that its production site in Monthey, Switzerland had implemented a mass balance concept and achieved REDcert certification, covering the production of epoxy resins products used in a variety of consumer and industrial markets.

Opening image courtesy of Huntsman Corp.

No. 9 | Huntsman Corp.

The Woodlands, Texas
President and CEO: Peter R. Huntsman
Sources: company website, 10K form, press releases

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