Huntsman Corp (HUN) Q4 2019 Earnings Call Transcript

  • Date: 14-Feb-2020
  • Source: The Motley Fool
  • Sector:Industrial
  • Country:UAE
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Huntsman Corp (HUN) Q4 2019 Earnings Call Transcript

Joining us on the call today are Peter Huntsman, Chairman, President and CEO; and Sean Douglas, Executive Vice President and CFO.. I would -- would remind you that on August 7, 2019, Huntsman announced a sale of its Intermediates Chemicals and Surfactants businesses to Indorama Ventures and later closed it on January 3rd, 2020.. The results we have highlighted in our fourth quarter and full-year 2019 ended December 31st earnings release, we will -- and we will discuss on the call are for continuing operations of our business.. I'll now turn the call over to Peter Huntsman, our Chairman, President and CEO.. Adjusted EBITDA for our Polyurethanes division in the fourth quarter was $122 million versus $141 million of a year ago.. Consistent with last quarter, our results now exclude our North American propylene oxide and MTBE business that was sold together with our Chemical Intermediates and Surfactant businesses to Indorama Ventures on January 3rd of this year.. MDI volumes in the quarter were up 6%, primarily due to higher volumes in China resulting from our expansion that was running at less than full rates a year ago in the comparative period.. , we saw some favorable comparison in certain