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Jun 30, 2021
Huntsman Q2 2021 Earnings Report
Huntsman's earnings benefited from increased demand and strategic initiatives.
Key Takeaways
Huntsman Corporation reported strong second-quarter earnings with revenues of $2.024 billion, net income of $172 million, adjusted net income of $191 million, and adjusted EBITDA of $334 million, driven by a return to pre-pandemic demand levels and contributions from recent acquisitions and cost optimization initiatives.
Second quarter revenues reached $2,024 million.
Net income was reported at $172 million.
Adjusted EBITDA amounted to $334 million.
The company is progressing with organic capital investments, expecting the MDI splitter project in Geismar, Louisiana to start in early 2022.
Huntsman
Huntsman
Forward Guidance
Huntsman expects to deliver strong EBITDA performance and high free cash flow in the second half of 2021.