the overview advanced materials 2016 - huntsman … library/global...advanced materials revenues and...
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Advanced Materials
The Overview Advanced Materials 2016
Advanced Materials
Huntsman Corporation We are a global manufacturer and marketer of differentiated chemical products that improve the quality of life for people around the world.
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Our Business Divisions Huntsman Corporation
Amines Surfactants Maleic Anhydride Upstream Intermediates
MDI Polyols PO/MTBE TPU PU Systems
Composites Adhesives Resins
Dyes Chemicals Apparel Home & Institutional Technical Textiles
Titanium Dioxide Functional Additives Color Pigments Timber Treatment Water Treatment
Polyurethanes Performance Products
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Textile Effects
Pigments & Additives
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Revenues and Portfolio 2015 Huntsman Corporation
$10.3bn 37%
24%
21%
10%
8%
Polyurethanes Performance ProductsPigments & Additives Advanced MaterialsTextile Effects
Huntsman holds global leadership positions in product categories, such as MDI, epoxy adhesives and powder coating systems, aerospace composites, electrical insulating materials, textile effects chemicals and polyether amines.
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Polyurethanes
Performance Products
Pigments & Additives
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Textile Effects
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Adjusted EBITDA 2015 Huntsman Corporation
$1.2bn 42%
33%
16%
5% 4%
Polyurethanes Performance ProductsAdvanced Materials Textile EffectsPigments & Additives
Polyurethanes
Performance Products
Pigments & Additives
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Textile Effects
"In 2015, EBITDA from our cyclical businesses, which include our MTBE, ethylene and TiO2 products, decreased compared to the prior year. This overshadowed the real strength of our portfolio which is in our downstream differentiated businesses, which improved 27% year-on-year." Peter R. Huntsman, President and CEO
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Adjusted EBITDA History 2010 – 2015
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900
1245
1439
1213
1340 1221
10% 11%
13% 11%
12% 12%
0%
5%
10%
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25%
30%
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2010 2011 2012 2013 2014 2015
Adjusted EBITDA in $ M Adjusted EBITDA Margin %
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Huntsman Advanced Materials We are a leading chemical company for composites, adhesives and formulations. Our products meet demanding engineering specifications and address customer-specific needs across a wide variety of industrial and consumer applications.
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Europe Middle East Africa & India
Basel Everberg Mumbai
Asia Pacific Singapore
Hong Kong Tokyo
Americas The Woodlands São Paulo
Serving more than 2,200 customers in over 30 countries in three regions
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Basel Switzerland
Shanghai China Kobe Japan
The Woodlands USA
Dedicated innovation centers support our technology development
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Huntsman Advanced Materials We operate synthesis, formulating and production facilities around the world
Duxford Bergkamen
Bad Sackingen Monthey
Pamplona
Panyu Nanjing
Los Angeles McIntosh East Lansing Taboão da Serra
Formulation Synthesis Resins
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Revenues 2015 Huntsman Advanced Materials
US & Canada
26%
Europe 38%
Asia Pacific 27%
Rest of the World
9%
Our Advanced Materials segment is characterized by the breadth of our product offering, our expertise in complex chemistry, our long-standing relationships with our customers, our ability to develop and adapt our technology and our applications expertise for new markets and new applications.
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$1.1bn
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Adjusted EBITDA History 2010 – 2015 Huntsman Advanced Materials
Adjusted EBITDA in $
Adjusted EBITDA Margin %
In Q415, our EBITDA grew 9 % year-on-year, driven by strong performances in key segments such as aerospace, transportation & industrial and coatings & construction, delivering a record-breaking full year EBITDA of $ 220 million.
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$220mn 144
114 98
131
199 220
12% 8% 7%
10% 16%
20%
0%
10%
20%
30%
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2010 2011 2012 2013 2014 2015
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Our portfolio Our formulations and specialty components help customers replace traditional materials with solutions that meet the most demanding engineering specifications.
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Pioneering technology for more than 70 years Huntsman Advanced Materials
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High performance epoxy resins
Curing agents and accelerators
Specialty components For formulators
Waterborne resins and hardeners
Polyimides and Benzoxazines
Flexibilizers and Tougheners
Build Bond
Formulated systems Ready to use
Protect
Encapsulate Insulate
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Our brands For more than 70 years, our Araldite® brand continues to deliver innovative industrial solutions for adhesives, composites, encapsulating, casting, coatings and surface engineering.
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Our brand promise Our trusted brand portfolio serve thousands of companies around the world across more than 22 industry segments.
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Our strategy Our strategic intent is to help our customers improve their production processes to create sustainable profitable growth.
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Our global strategy
Clear market focus supporting high growth and GDP-driven industries. Supporting pillars foundations of a successful enterprise. Zero Harm two small words which are transforming our EHS approach.
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Aggressive growth
Profitable growth
Aerospace, Automotive, Composites & Adhesives
Coatings, Wind, Power & Electronics
Deliver
operational excellence
Invest in key technology platform
s
Invest in people and processes
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Supporting high growth industries
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Automotive Aerospace
Adhesives Composites
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Serving GDP-driven industries
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Coatings Electronics
Wind Power
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Our value proposition We are committed to ensuring our customers succeed by increasing the productivity, efficiency and sustainability of materials across a broad range of industries.
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Automotive Araldite® composite formulations and structural adhesives reduce weight and improve productivity and performance.
Our products are supplied to part manufacturers, prepreggers and OEMs.
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Aerospace Araldite® specialty chemicals and adhesives make aircraft lighter, stronger and more energy efficient.
Our products are qualified to the highest specifications in next generation commercial aircraft, such as the Boeing 787, Airbus 350 & 380.
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Adhesives Araldite® adhesives range for assembly operations secure long-term performance and safety of assemblies.
We offer a portfolio of 340 adhesives and five adhesive technologies serving more than 22 industries.
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www.AralditeAdhesives.com
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Coatings & Construction We have one of the broadest epoxy resins portfolio in the industry and we are a global leader in Curing Agent supply.
Our powder and liquid coatings can be found in Transportation, Marine, Automotive, Architectural and Consumer White Goods.
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Electronics Our reputation has been built on solutions which address protection, safety and sustainability.
Our innovations are used of every stage in the production of printed circuit boards and electronic devices.
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Wind Huntsman has more than 20 years experience in serving the wind turbine industry.
Our products enable ambitious projects in European offshore markets, and across Asia Pacific and the Americas, supplying lighter, stronger, longer-lasting materials.
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Power Huntsman innovations are found throughout the energy value chain, from power generation to transmission, distribution and storage.
We support our global key accounts and OEMs to address their Electrical Engineering challenges.
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Our innovation We are dedicated to enriching lives through innovation and our associates are committed to delivering sustainable solutions to our customers.
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Our chemistry addresses tomorrows needs
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Safety and weight reduction in transportation
Productivity and resistance in composites parts
Energy savings and performance in automotive
Strength and durability in assembly operations
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Our latest innovations
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A new step forward in composites mass production With our latest innovation making the one-minute cycle time an actuality, epoxy thermosets are becoming very appealing to OEMs for new, mass-production applications.
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Our latest innovations
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Structural adhesive reaching the highest level of fire safety standards Araldite® 2033 is an epoxy adhesive with flame retardant properties that has surpassed the HL3 hazard level of fire safety testing under the rigorous unified Pan-European EN 45545-2 testing regime.
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Our latest innovations
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Process simulation reducing risk to design engineers Huntsman Advanced Materials has released an App which offers insight on the content, techniques and value of simulation, illustrated by a number of case studies.
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We create new opportunities in Railway Our adhesives, composite and casting systems are designed to improve manufacturing processes. Securing long-term performance and safety of assemblies reduce costs of maintenance, increase design freedoms & lighter weight structures.
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We create new opportunities in Oil & Gas Araldite® lightweight and safe solutions withstand the most extreme conditions, such as temperatures, chemical exposure and high operating pressure.
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Your trusted Partner Our ambition is to improve material performance through chemistry. Our diverse portfolio provides the materials you need to succeed. Our people build long-term, trusted relationships with our customers.
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Legal Disclaimer
Copyright© 2016 Huntsman Corporation or an affiliate thereof. All rights reserved. The use of the symbol® herein signifies the registration of the associated trademark in one or more, but not all, countries. While the information and recommendations included in this publication are, to the best of Huntsman’s knowledge, accurate as of the date of publication, nothing contained herein is to be construed as a representation or warranty of any kind, express or implied.