Last year, the net loss was 96 million US dollars. Polyurethane giant Huntsman: There will be no significant changes in the market in the short term.

Global polyurethane giant Huntsman recently disclosed its latest performance. In the fourth quarter of 2025, the company achieved revenue of 1.355 billion US dollars, a net loss of 96 million US dollars, and an adjusted EBITDA of 35 million US dollars. In terms of divisions, the polyurethane business unit's revenue decreased year-on-year mainly due to lower average selling prices, while sales volume growth offset some of the adverse effects. The decrease in average selling prices of MDI products was mainly due to unfavorable supply and demand relationships. The Advanced Materials business unit's revenue decreased year-on-year mainly due to a decrease in sales volume, while an increase in average selling prices offset some of the adverse effects. The decrease in sales volume was mainly due to weak demand for coating products used in infrastructure and general industrial sectors. Peter R. Huntsman, Chairman of the Board, President and CEO of Huntsman, stated that looking back at 2025, despite continued low profits, the company achieved nearly $300 million in operating cash flow for the full year, with a free cash flow conversion rate of 45%. "We still believe that the economic cycle of the chemical industry will eventually improve, and the company's core markets will also improve accordingly, while also recognizing that there will be no significant changes in the short term."