Huntsman Announces Strong Second Quarter 2021 Results
Huntsman reported revenue increases in each of its business segments.
Huntsman Corp. recently reported second quarter 2021 results, with revenues topping $2 billion, an increase of over 62% compared to the 2020 second quarter. Revenues increased in each of the company’s business segments.
“We are pleased with second quarter earnings as demand in many of our businesses returned to pre-pandemic levels,” said Peter R. Huntsman, chairman, CEO, and president. “The recent acquisitions and synergies already captured in Gabriel, CVC and our Huntsman Building Solutions franchise and several cost optimization initiatives that are well underway, are all contributing to our earnings improvement. We are also making good progress on our organic capital investments, including our MDI splitter project in Geismar, Louisiana, which we now expect to start up in early 2022.