Huntsman Corporation, Q3 2026 Earnings Call Transcript

Huntsman expects another year of challenging conditions, with weak housing, high energy and mortgage costs, subdued consumer confidence and China’s export-led growth weighing on chemicals. Even so, cost, pricing and operating discipline are expected to lift 2026 EBITDA by more than $100 million versus 2025. Management sees MDI industry growth in 2027 at around 2%, similar to 2026, while new North American supply may make the market bumpy as it replaces imports. Higher European energy costs make price increases and supplier management a priority.

The Olin merger, expected to close early next year, is intended to deliver $300 million in synergies, plus another $100 million as chlorine contracts expire, and broaden supply-chain integration and portfolio flexibility. Huntsman expects 2027 to be materially better than 2026, citing further cost opportunities and growth in aerospace, power infrastructure and other Advanced Materials applications; this business is forecast to maintain GDP-plus growth. Housing and construction remain soft, while European operations will focus on attractive growth markets and reducing exposure to energy-intensive areas.