Huntsman Corporation (NYSE: HUN) held its Q4 2024 earnings call on February 18, 2025, highlighting cost-saving measures, market recovery, and strategic plans for 2025. The company has offset over $150 million in global inflationary costs since 2022, reducing SG&A expenses by more than 6%. Huntsman has closed or sold several facilities worldwide, including in Europe and Southeast Asia, while expanding its global business services hubs.

CEO Peter Huntsman noted early signs of recovery in the MDI (methylene diphenyl diisocyanate) market, with prices in China reaching a three-year high and price increases announced in North America. However, Europe remains challenging due to high energy costs and industrial decline. Huntsman expects gradual improvement in Performance Products and Advanced Materials divisions, driven by construction and industrial demand.

The company remains cautious about providing full-year guidance due to market volatility but is focused on cost optimization, margin expansion, and capitalizing on emerging market forces in 2025. Huntsman also reaffirmed its commitment to maintaining its dividend and reducing leverage over time.