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March 6, 2014
10:43 EDTHUNHuntsman sees adjusted EBITDA of $2B over next 2-3 years
Huntsman provided a near-term earnings target of $2.0B in adjusted EBITDA over the next two-to-three years. The company reported 2013 adjusted EBITDA of $1.2B. Comments made in investor day presentation slides.
News For HUN From The Last 14 Days
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August 19, 2014
07:46 EDTHUNJacobs designs and builds iron sulfate plant for Huntsman pigments in Italy
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August 18, 2014
08:04 EDTHUNHuntsman weakness a buying opportunity, says UBS
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August 15, 2014
12:08 EDTHUNHuntsman announces manufacturing disruption at Port Neches, Texas facility
Huntsman announced that it experienced an unplanned manufacturing disruption on a production unit at its facility in Port Neches, Texas. There were no injuries resulting from the incident. The disruption occurred on Thursday August 14 and was caused by equipment failure. The Port Neches facility manufactures methyl tertiary butyl ether, propylene oxide and propylene glycols. The manufacturing disruption also impacts internal PO supply to downstream MDI systems, amines, surfactants and propylene oxide derivatives. The affected unit is expected to be off-line for two to three weeks, with an estimated negative impact of $30M EBITDA for Huntsman's Polyurethanes and Performance Products divisions. It is yet to be determined whether this will impact the planned maintenance scheduled for the first half of 2015.
12:05 EDTHUNHuntsman trading halted, pending news
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