Headlines

Huntsman Second Quarter Revenue Grows 25%

Huntsman recently reported revenues for the second quarter of 2011 of $2,934 million, an increase of 25% compared to $2,343 million for the same period in 2010 and an increase of 10% compared to $2,679 million for the first quarter of 2011. Adjusted EBITDA for the second quarter of 2011 was $318 million, an increase of 24%, compared to $257 million for the same period in 2010 and an increase of 5% compared to $302 million for the 2011 first quarter.

Adjusted net income for the second quarter of 2011 was $117 million vs. $75 million for the same period in 2010 and $114 million for the first quarter of 2011. Net income attributable to Huntsman Corp. for the second quarter of 2011 was $114 million, the same amount as the same period in 2010 and up from the $62 million in the first quarter of 2011.

“Our second quarter 2011 revenues increased 25% compared to the prior year as a result of improvements in both pricing and demand,” said Peter R. Huntsman, president and CEO. “Despite inflation in raw material and other manufacturing costs, our adjusted EBITDA improved 24% compared to the prior year.”

For more information, visit www.huntsman.com.

Did you enjoy this article? Click here to subscribe to Adhesives & Sealants Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Podcasts

Environmentally Friendly Manufacturing

Edward Gotch, president of Emerald Kalama Chemical, talks about embracing sustainability with Susan Sutton, editor-in-chief.

More Podcasts

THE MAGAZINE

Adhesives & Sealants Industry Magazine

ASI May 2013 cover 100x133

2013 May

The 2013 May Adhesives and Sealants Industry Magazine includes articles about PPG and Bostik, as well as a Q&A about polyurethane. Check it out today!

Table Of Contents Subscribe

THE ADHESIVES STORE

handbook-sealant-tech.gif
Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

asi1211p_Cover-DE.gifASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40  youtube_40pxlinkedin_40