Huntsman Corporation

Profile

Summary

Huntsman Corporation is a chemical manufacturer. Founded in 1970 and headquartered in The Woodlands, Texas, it expanded by buying up Texaco’s chemicals business in 1994 and Imperial Chemical Industries’ (ICI) chemical business in 1999. (The rest of Texaco merged with Chevron and ICI merged into AkzoNobel). Huntsman became infamous in 1997 after it attempted to clean up an old polymer plant in Odessa, Texas, by setting fire to thousands of pounds of waste chemicals like benzene, butadiene, ethylene and propylene. Community members filed over 3,500 complaints of health problems such as bloody noses, trouble breathing, nausea and sued the company. Huntsman eventually agreed to pay $3 million in compensation to 4,000 individuals.

 

Products

Consumer and industrial chemicals

Violations

Top 5 Offense Groups (Groups Defined)Penalty TotalNumber of Records
environment-related offenses$20,159,79170
safety-related offenses$349,60039
employment-related offenses$286,8962

(September 30, 2022)

Number of Records
111
Total Penalties
$20,796,287 (September 30, 2022)
Information in this section is drawn from the Violation Tracker database produced by the Corporate Research Project of Good Jobs First in Washington DC. It is the most comprehensive source of data on business violations of laws and regulations in the United States. For specific examples of misconduct, please click on the links.

Stories

Article Archive

Huntsman empire

Published by
The Independent
|
By
Jerry D. Spangler and Bob Bernick Jr.
|

PORT NECHES, Texas — Jefferson County is the heart and soul of Texas oil — a land of alligators, Cajun cooking and union loyalists who wear the monicker "redneck" with pride.

Read more

Odessa, Texas: is it the most polluted city in America?

Published by
The Independent
|
By
Andrew Buncombe
|

When David Moton coughs ­ which he does often ­ it feels as though his chest is erupting. There are terrible pains, then a tightness, and shortness of breath. Some nights he cannot sleep and sits up, fighting for breath, longing for the pain to ease.

Read more

Largest Sources of Cancer-Causing Ethylene Oxide Go Unnoticed

Published by
Bloomberg Law
|
By
Amena Saiyid
|

Chemical plants in Louisiana and Texas release far more of the cancer-causing ethylene oxide gas than the Sterigenics medical sterilizer plant in Illinois, which snagged national headlines this year and was shut down by state regulators.

Read more

Activism

Recent & Ongoing Campaigns
Workers of a Swiss plant of U.S. chemical company Huntsman carry a banner during a demonstration in Basel

Arnd Weigmann | Reuters | October 29, 2011

Some thousand participants protested against planned job cuts at Huntsman, Swiss drugmaker Novartis AG and other companies. The banner is showing Walt Disney's comic character Scrooge McDuck and reading: 'You're gambling away our future !'.

Major Investigations
& Lawsuits
$90 Billion Whistleblower Suit Filed Against Four of the Nation's Largest Chemical Companies

Lorraine Chow | EcoWatch | September 16, 2016

Four of the country's largest chemical companies have been accused of selling billions of dollars worth of harmful isocyanate chemicals but intentionally concealing their dangers to consumers and the U.S. Environmental Protection Agency (EPA) over the past several decades.

Huntsman company pays $33M to settle lawsuit

Associated Press | Deseret News | June 16, 2011

Republican presidential hopeful Jon Huntsman was a top executive of a large chemical conglomerate that is paying $33 million to settle a lawsuit alleging price-fixing.

CHEMICAL PLANT MANAGERS SENTENCED FOR CLEAN AIR ACT VIOLATIONS

United States Department of Justice | August 14, 2002

Two former managers of the Huntsman Chemical Plant in Port Arthur, Texas received prison sentences today for violating regulations under the Clean Air Act, the Justice Department announced today. Jeffrey L. Jackson, the former plant manager for the Huntsman Chemical Plant in Port Arthur, was sentenced to 36 months in prison and fined $50,000. 


 
Environmental Impacts
Management Alert - Prompt Action Needed to Inform Residents Living Near Ethylene Oxide-Emitting Facilities About Health Concerns and Actions to Address Those Concerns

United States Environmental Protection Agency | March 31, 2020

The EPA needs to inform residents who live near facilities with significant ethylene oxide emissions about their elevated estimated cancer risks so they can manage their health risks.

Huntsman: Report on Plastic Pellet Pollution

As You Sow | December 11, 2019

Plastic pollution is a global environmental crisis. Huntsman Corporation is one of the top 40 U.S. chemical producers, manufacturing plastics like polyurethanes.

Huntsman Corporation's Poor Environmental Record In Texas

Andrew Kaczynski | Buzz Feed News | January 11, 2012

Jon Huntsman has run as the most environmentally friendly of all Republican candidates. But his family's business -- The Huntsman Corporation -- has run into trouble with environmental regulators.

Toxic Air Emissions from Largest Huntsman Chemical Plants

Environmental Integrity Project | September 7, 2011

While Republican Presidential Candidate Jon Huntsman, Jr. promised to “dramatically rein in the EPA” in a September 1 speech, recent data shows that toxic emissions from a Huntsman Chemical plant jumped more than 50% between 2009 and 2010.

Odessa, Texas: is it the most polluted city in America?

Andrew Buncombe | The Independent | April 1, 2001

When David Moton coughs - which he does often - it feels as though his chest is erupting. There are terrible pains, then a tightness, and shortness of breath.

PERI Pollution Indexes

Based on United States Environmental Protection Agency data ranking the top 100 worst polluters.


Employment Practices
& Relations
Worker exposure to dangerous chemicals at Rubicon plant in Geismar linked to poor maintenance record

Mark Schleifstein | Nola | January 3, 2021

Ryan Housley had just finished repairing a pipeline inside one of the manufacturing units on Rubicon LLC’s 81-acre campus in Geismar when his shift ended on a stifling hot afternoon in May 2012.

A look at the 25 Rubicon accidental releases over 10 years that potentially exposed 130 workers

Mark Schleifstein | Nola | January 3, 2021

Between January 2010 and December 2019, Rubicon LLC notified state and local officials about 25 accidental releases of potentially harmful chemicals that resulted in the exposure or potential exposure of company employees or contractors on its 81-acre campus in Ascension Parish.


Financials

Corporate Headquarters
10003 Woodloch Forest Dr, The Woodlands, TX 77380
Most Recent Gross Revenue
$9.343 billion (2022) | source
Most Recent Net Revenue
$1.257 billion (2022) | source
Stock Exchange Tickers
NYSE: HUN
Subsidiaries

Note: Most recent list is not always the most complete list.

Croctail Subsidiary Tool using the CorpWatch API - This API extracts the subsidiary relationship information from Exhibit 21 of companies' 10-K filings with the US SEC.


    Major Shareholders

    Click here for the latest list.

     

     
    Political Influence

    Open Secrets - Tracks corporate lobbying of US politicians.

    Image

    Open Secrets Logo

    OpenSecrets.org Profile of Hunstman Corporation


    Import & Export Data

    ImportYeti - Shipping Tracking Tool - Bill of ladings are public information that are too cost prohibitive, challenging to obtain and difficult to use for the average joe. ImportYeti's goal is to solve that problem.


    Subsidy Tracker
    Subsidy Tracker
    Subsidy Tracker is a project of Good Jobs First in Washington DC. It is the most comprehensive source of data on state and federal subsidies in the United States. For more details, click on the links.
    Click here for details on subsidies received by Huntsman
    Tax Havens
    & Evasion
    The wealthy men in Trump's inner circle with links to tax havens

    Jon Swaine and Ed Pilkington | The Guardian | November 5, 2017

    On the election trail in 2016, Donald Trump promised tax reforms to tempt major US companies back onshore and “bring back trillions of dollars from American businesses that is now parked overseas”.


    Major Projects
    Huntsman considers $270M plant expansion in Geismar

    KRISTEN MOSBRUCKER | The Advocate | September 6, 2019

    The Woodlands-based Huntsman and its affiliated joint venture Rubicon LLC are mulling a potential multiphase polyurethane plant expansion in Ascension Parish worth at least $270 million.

    Huntsman announces sale of Port Neches, Dayton plants to Thai company as part of $2B deal

    Scott Eslinger | 12 News Now | August 8, 2019

    Huntsman will be selling the two Southeast Texas facilities along with its Chocolate Bayou facility in Alvin and facilities in India and Australia.

    Shaw Lands Deal For New Huntsman Chemical Plant In Louisiana

    Tom Granahan | Manufacturing.net | March 9th, 2007

    The Shaw Group said Friday it has been awarded a construction management and services contract by Huntsman to build a new 100-million-pound/year maleic anhydride plant at Geismar, Louisiana.


    * indicates required