Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Huntsman Corporation is a publicly traded global manufacturer of differentiated and specialty chemicals serving a wide range of industrial and consumer end markets. The company operates primarily within the specialty chemicals industry, focusing on products that are formulation-driven rather than commodity-based. Its core offerings support industries such as construction, automotive, aerospace, energy, electronics, consumer goods, and industrial manufacturing.
The company’s primary revenue drivers are advanced chemical formulations used in polyurethanes, epoxy systems, and performance chemicals. Huntsman is positioned as a technology-focused producer with strong customer integration, proprietary formulations, and long-standing technical expertise. Founded in 1970 by Jon M. Huntsman Sr., the company initially focused on packaging materials before evolving through acquisitions and internal development into a global specialty chemicals producer. Over time, Huntsman streamlined its portfolio through divestitures and spin-offs, including the separation of its pigments business into Venator Materials in 2017 and the sale of its textile chemicals business in 2023.
Business Operations
Huntsman generates revenue through three primary operating segments: Polyurethanes, Performance Products, and Advanced Materials. Polyurethanes is the largest segment, supplying MDI-based chemicals, systems, and downstream polyurethane solutions used in insulation, construction, adhesives, coatings, and automotive applications. Performance Products produces amines and maleic anhydride derivatives used in agrochemicals, fuels, detergents, and water treatment. Advanced Materials focuses on epoxy, acrylic, and polyurethane-based systems serving aerospace, electronics, wind energy, and industrial composites markets.
The company operates manufacturing, research, and technical service facilities across multiple regions, with a vertically integrated asset base that includes proprietary process technologies and application development capabilities. Huntsman sells to a diversified global customer base, reducing reliance on any single industry or client. The company conducts both domestic and international operations and maintains strategic customer partnerships through long-term supply agreements and collaborative product development.
Strategic Position & Investments
Huntsman’s strategy emphasizes portfolio optimization, margin improvement, and disciplined capital allocation rather than volume-driven growth. Key strategic initiatives include expanding downstream and differentiated product offerings, reducing exposure to cyclical commodity chemicals, and improving free cash flow generation. The company has also prioritized cost optimization and operational efficiency through restructuring and asset rationalization.
In support of this strategy, Huntsman has executed selective acquisitions, including the purchase of Gabriel Performance Products to strengthen its position in epoxy curing agents and specialty additives. At the same time, it has divested non-core operations, most notably the sale of Textile Effects to Archroma in 2023. The company continues to invest in innovation related to lightweight materials, energy efficiency, and sustainability-driven chemical solutions, particularly within insulation materials, composites, and low-emission formulations.
Geographic Footprint
Huntsman is headquartered in The Woodlands, Texas, and operates a global manufacturing and commercial network spanning North America, Europe, Asia-Pacific, Latin America, and the Middle East. The company maintains significant production and R&D facilities in the United States, Germany, the Netherlands, China, and Singapore, among other locations.
Its international presence allows Huntsman to serve multinational customers and participate in regional growth markets, particularly in Asia-Pacific and emerging economies. The company’s geographic diversification helps balance demand cycles across construction, industrial, and consumer end markets while supporting localized customer service and regulatory compliance.
Leadership & Governance
Huntsman is led by a management team with long tenure in the specialty chemicals industry and a strategic focus on disciplined growth, operational excellence, and shareholder returns. The company maintains a governance structure that combines executive leadership continuity with board oversight rooted in its founding principles.
Key executives include:
- Peter R. Huntsman – Chairman of the Board, President, and Chief Executive Officer
- Phil West – Executive Vice President and Chief Financial Officer
- Juan Carlos Cruz – Executive Vice President, Polyurethanes
- David S. Smith – Executive Vice President, Advanced Materials
Leadership has consistently articulated a strategy centered on simplification of the business portfolio, return on invested capital, and long-term value creation rather than scale for its own sake.