Back to top

Analyst Blog

Chemical company Huntsman Corporation’s (HUN - Snapshot Report) Performance Products division has announced that it will expand its global polyetheramines (PEA) capacity by at least 15%. The company made this announcement as it is debottlenecking three of its PEA manufacturing plants globally.

Polyetheramines enhances the performance of epoxy systems which are used in industrial and decorative coatings and sports equipment. Huntsman is seeing meaningful mid-term growth in the sector, backed by continued emergence of new amine applications.

Huntsman has currently undertaken expansion activities in the Americas, Europe and Asia. The company expects projects at its Conroe, TX, Llanelli, Wales (UK) and Singapore sites to be fully operational by May 2014. Apart from increasing the capacity, Huntsman’s debottlenecking projects will enhance its manufacturing flexibility globally. The company however did not disclose the financial investment and capacity.

Huntsman with annual sales of more than $11 billion makes differentiated chemicals. The company makes products for an array of industries including chemicals, plastics, automotive, aviation, textiles, paints and coatings, construction, technology, agriculture, health care, appliances and packaging.

Huntsman’s Performance Products division is a global producer of intermediate and technologies that add value to customers worldwide. The division’s innovative solutions find application in the most diverse markets. The division’s family of industrial and consumer-oriented intermediates are primarily based on amines, surfactants, carbonates and maleic anhydride.

Huntsman currently carries a short-term (1 to 3 months) Zacks Rank #3 (Hold).

Some better-ranked stocks in the chemical industry include L'Air Liquide SA (AIQUY), Northern Technologies International Corp. and Ashland Inc. (ASH - Snapshot Report). While L'Air Liquide and Northern Technologies International hold a Zacks Rank #1 (Strong Buy), Ashland retains a Zacks Rank #2 (Buy).

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
CENTURY ALU… CENX 22.53 +4.50%
ERBA DIAGNO… ERB 2.91 +4.30%
PLANAR SYST… PLNR 4.31 +3.86%
MALLINCKROD… MNK 72.17 +3.83%
GTT COMMUNI… GTT 12.06 +3.52%