The overview Advanced Materials Advanced Materials

Transcription

1 The overview 2017

2 Huntsman Corporation We are a global manufacturer and marketer of differentiated chemical products that improve the quality of life for people around the world. 2

3 Huntsman Corporation Huntsman Growth Story,16 NYSE Listed Butadiene / MTBE European Base Rockwood PA & TiO 2,14,12 Dow Ethyleneamines Rhoda Surfactants Vantico Ciba Textile Effects Polymers U.S. Base European Surfactants,10,8,6,4 American Hoechst Texaco Chemical Monsanto Man / LAB Texaco PO / MTBE Rexene Huntsman Packaging Nova Styrenics ICI,2,0 Shell PS Acquisition Divestiture Total revenue in $ B Differentiated and organic revenue in $ B

4 Huntsman Corporation Our Business Divisions Polyurethanes Performance Products Advanced Materials Textile Effects Pigments & Additives MDI Polyols PO/MTBE TPU PU Systems Amines Surfactants Maleic anhydride Upstream intermediates Composites Adhesives Resins Dyes Chemicals Apparel Home & institutional Technical textiles Titanium dioxide Functional additives Color pigments Timber treatment Water treatment 4

5 Huntsman Corporation Revenues and Portfolio % 11% $9.7bn 39% 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. 22% Polyurethanes Performance Products Pigments & Additives 20% Textile Effects 5

6 Huntsman Corporation Adjusted EBITDA % $1.1bn 43% 6% "The quality of earnings our businesses have achieved positions us well. MDI urethanes continues to show steady growth, and Textile Effects have become solid performers and Performance Products is poised for recovery in 2017". Peter R. Huntsman, President and CEO 16% 21% Polyurethanes Performance Products Pigments & Additives Textile Effects 6

7 Huntsman Corporation Adjusted EBITDA History % % % 13% % % 12% 12% 20% 15% 10% % 0% Adjusted EBITDA in $ M Non-pigments Pigments and additives Adjusted EBITDA Margin % 7

8 Huntsman 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. 8

9 Huntsman Serving more than 2,200 customers in over 30 countries in three regions Europe Middle East Africa & India Basel Everberg Mumbai Americas The Woodlands São Paulo Asia Pacific Singapore Hong Kong Tokyo Offices 9

10 Huntsman Dedicated innovation centers support our technology development Basel Switzerland Shanghai China The Woodlands USA Innovation Centers 10

11 Huntsman 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 Manufacturing Sites Formulation Synthesis Resins 11

12 Huntsman Revenues 2016 $1.0bn Rest of the World 7% US & Canada 25% Our 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. Asia Pacific 30% Europe 39% 12

13 Huntsman Adjusted EBITDA History % $223mn 2016 was a good year for Advanced Materials. We delivered three record quarters of EBITDA and converted essentially all of our earnings to cash. With global economic sentiment improving we have a solid platform on which to build for 2017". Scott J. Wright, President % 7% % % % 22% Adjusted EBITDA in $ M Adjusted EBITDA Margin % 50% 40% 30% 20% 10% 0% 13

14 Our portfolio Our formulations and specialty components help customers replace traditional materials with solutions that meet the most demanding engineering specifications. 14

15 Huntsman Pioneering technology for more than 70 years Build Bond High performance epoxy resins Curing agents and accelerators Formulated systems Ready to use Protect Specialty components For formulators Waterborne resins and hardeners Encapsulate Insulate Polyimides and Benzoxazines Flexibilizers and Tougheners 15

16 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. 16

17 Our brand promise Our trusted brand portfolio serve thousands of companies around the world across more than 22 industry segments. 17

18 Our strategy Our strategic intent is to help our customers improve their production processes to create sustainable profitable growth. 18

19 Huntsman Supporting high growth industries Automotive Aerospace Adhesives Composites 19

20 Huntsman Serving GDP-driven industries Coatings Electronics Wind Power 20

21 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. 21

22 Automotive Araldite composite formulations and structural adhesives reduce weight and improve productivity and performance. Our products are supplied to part manufacturers, prepreggers and OEMs. 22

23 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 &

24 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. 24

25 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. 25

26 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. 26

27 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. 27

28 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. 28

29 Railway Our adhesives, composite and casting systems improve manufacturing processes, secure long-term performance, ensure safety of assemblies, increase design freedom and reduce maintenance costs and structural weight. 29

30 Oil & Gas Araldite lightweight and safe solutions withstand the most extreme conditions, such as temperatures, chemical exposure and high operating pressure. 30

31 Our innovation We are dedicated to enriching lives through innovation and our associates are committed to delivering sustainable solutions to our customers. 31

32 Huntsman Our chemistry addresses tomorrows needs Productivity and resistance in composites parts Strength and durability in assembly operations Safety and weight reduction in transportation Energy savings and performance in automotive 32

33 Huntsman Our latest innovations 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, massproduction applications. 33

34 Huntsman Our latest innovations 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 testing regime. 34

35 Huntsman Our latest innovations Process simulation reducing risk to design engineers Huntsman has released an App which offers insight on the content, techniques and value of simulation, illustrated by a number of case studies. 35

36 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. 36

37 Legal Disclaimer Copyright 2017 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.