Huntsman Corp. has reported its fourth-quarter 2022 results. The company reports fourth-quarter revenues of $1,650 million, a net loss of $91 million, an adjusted net income of $8 million, and an adjusted EBITDA of $87 million.
“In 2022 we delivered almost $1.2 billion of adjusted EBITDA and free cash flow of over $600 million,” said Peter R. Huntsman, chairman, president, and CEO. “We increased our dividend and in total returned approximately $1.2 billion to shareholders. We made great progress in our cost reduction programs to offset historically high inflation and energy costs and strengthen our core businesses. We also announced the agreement to sell our textile effects business, which we expect to be completed at the end of this month.”