Huntsman CorporationReaffirms Olin merger with $300 million synergy target, improving profitability outlook.
Huntsman Corporation reported second-quarter 2026 sales of US$1,663 million and a net loss of US$6 million, an improvement from prior losses, and declared a US$0.0875 per share cash dividend payable on September 30, 2026 to shareholders of record on September 15, 2026. The company also reaffirmed its proposed merger with Olin, highlighting an expected US$300 million in synergies and additional benefits after a key chlorine supply contract expires, reinforcing its push toward higher-margin specialty products and efficiency gains. The reaffirmed merger remains the central catalyst for Huntsman's strategy, with management emphasizing specialty products and efficiency against risks of overcapacity, weak housing demand, and high European costs.
Huntsman CorporationReaffirms Olin merger with $300 million synergy target, improving profitability outlook.
Olin CorporationMerger with Huntsman reaffirmed, expected synergies and strategic benefits.